The LIC Jeevan Umang Plan is a complete life insurance coverage coverage created to offer your loved ones with monetary safety and safety while you’re away. From the conclusion of the premium-paying interval till the time of maturity, this plan presents yearly survivor advantages. Moreover, it gives a lump sum fee upon maturity or within the occasion of the policyholder’s passing throughout the coverage time period. 

The first benefit of this plan is that it gives each cash and insurance coverage protection to help the insured’s household of their absence. Within the occasion of an emergency, the assured advantages function a dependable monetary security internet.

Why must you select the LIC Jeevan Umang coverage?
Tax-free maturity 
Loss of life profit
Life-long threat cowl until the age of 100
Assured revenue until the age of 30

LIC Jeevan Umang coverage: Eligibility
Entry Age: 90 days minimal and 55 years most.
Coverage Time period: 100 years of age at entry
Minimal sum assured: 2,00,000
Most sum assured: no restrict

LIC Jeevan Umang coverage: Advantages
LIC unintended loss of life 
Incapacity rider profit
LIC Unintentional profit rider
LIC New time period assurance rider
LIC new vital sickness rider
LIC premium waiver profit

LIC Jeevan Umang coverage: Calculator
As an example, A 30-year-old male shopping for the coverage can make investments month-to-month Rs 5,000, quarterly Rs 15,000 or yearly Rs 50,000. The minimal sum assured is Rs 2,00,000. Let’s assume he’s on the lookout for the next protection:

Sum Assured – Rs. 10,00,000
Coverage Time period – (100 minus 30 years) = 70 years
Premium Paying Time period – 20 years

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