LIC New Jeevan Umang Plan 2023: Life Insurance Corporation of India is one of the famous life insurance companies of India. The company is foraying into a number of ancillary insurance products that help a person grow and also help in getting the required protection. Similar to LIC Jeevan Umang (LIC Jeevan Umang Policy) Basically an endowment cum whole life plan! Which provides the necessary coverage to make regular payments from the end of the premium paying term till you are alive!
LIC New Jeevan Umang Plan 2023
This Jeevan Umang Plan is basically a participating policy which is eligible for Simple Reversionary Bonuses and Final Additional Bonus! There is no trust in life, when money is needed! Therefore Life Insurance Corporation of India (Life Insurance Corporation of India) From time to time, it brings such plans so that you can secure the future of your family. Today we will give you complete information about LIC’s Jeevan Umang Policy! Which can prove to be a profitable deal for you and your family!
LIC Jeevan Umang Policy – Key Features
- This is a whole life insurance plan ie for 100 years!
- 8% of the sum assured is paid back at the end of the policy.
- LIC Jeevan Umang Plan (LIC Jeevan Umang Plan) Large sum insured is available under !
- Benefits like Life Insurance Corporation of India Accidental Death Disability Benefit Rider and Term Rider are available under this plan!
- Simple Reversionary Bonus is payable on maturity or premature death.
- This policy (Jeevan Umang Policy) is a suitable plan for pension, the premium paid is exempt from income tax under 80C!
- Maturity amount is tax free under 10(10D)!
LIC Jeevan Umang Policy is an Endowment Plan
Jeevan Umang Policy ( Jeevan Umang Policy Different from other plans in many ways! People from 90 days to 55 years can take this policy! This is an endowment plan! In this, along with life cover, a lump sum amount is available on maturity! Fixed income will come in your account every year after maturity! At the same time, after the death of the policyholder, his family members and nominee will get a lump sum amount. Another feature of LIC Jeevan Umang Plan is that it provides coverage up to 100 years!
27.60 lakhs will be received
If you pay a premium of Rs 1302 every month in LIC Jeevan Umang Policy! So in one year this amount becomes Rs 15,298! If this plan runs for 30 years, then this amount increases to about Rs 4.58 lakh. Life Insurance Corporation of India (Life Insurance Corporation of India) From the 31st year on your investment, it starts giving you a return of 40 thousand every year! If you take a return of 40 thousand annually from 31 years to 100 years! So you get an amount of around 27.60 lakh rupees!
Insurance will have to be taken at least 2 lakhs (New Jeevan Umang Plan)
Under this policy, term rider benefit will be available in case of accidental death or disability of the investor. This policy is not affected by market risk. Life Insurance Corporation of India of course on this policy (Life Insurance Corporation of India) There is an effect of profit and loss. Tax exemption is also available for taking this Jeevan Umang Plan under 80C! If someone wants to take a plan for LIC Jeevan Umang Policy! So he will have to take an insurance of at least two lakh rupees!
Life Insurance Corporation
LIC Jeevan Umang Policy (LIC Jeevan Umang Policy) You can invest for 15, 20, 25 or 30 years! At the same time, on completion of the time of this plan, a fixed income will be deposited in the policyholder’s account every month! In this plan of Life Insurance Corporation of India, if the policyholder dies! So his family members or nominee will get lump sum amount.
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