LIC Jeevan Umang
A whole life, participating, non-linked plan from LIC of India with survival benefits during the policy term.
Overview
LIC Jeevan Umang is offered by LIC of India as a whole-life plan that provides annual survival benefits from the end of the premium paying term until maturity, as defined in the official policy conditions.
Key features
- Savings-oriented life insurance plan
- Benefit structure defined by LIC in the official brochure
- Long-term commitment; review the brochure before purchase
Eligibility
- Entry age, maturity age, minimum and maximum sum assured and policy term limits are prescribed by LIC in the official brochure
- Eligibility is subject to underwriting and the insurer's current rules
- Speak to the advisor for a personalised eligibility check
Benefits
- Death benefit as defined in the official policy conditions
- Maturity or survival benefit where applicable to this plan type
- Tax treatment depends on prevailing law and individual circumstances — confirm independently
Policy term & premium payment
- Policy term
- As specified in the official LIC brochure
- Premium frequency
- Yearly / Half-yearly / Quarterly / Monthly (as permitted by LIC)
Who may consider this plan
People looking for long-term cover along with a periodic income component.
Important notes
Survival benefit rates and all limits are defined by LIC in the official brochure.
This page describes the plan type as published by LIC of India and does not reproduce or estimate premium rates, bonus rates, returns or guarantees. Refer to the official LIC brochure and policy document before purchase. Official source: LIC of India. Verification against the official brochure is carried out by the advisor at the time of enquiry.