LIC Jeevan Umang Plan Number 845 is limited Premium ,non linked(not market linked) with profit plan .
Plan provides annual survival tax free returns from the end of Premium Payable term to till 100 years of policy holder along with risk cover. Jeevan Umang is a solution regular income with complete protection of family.
Umang consists all three benefits that is
- Survival benefits,
- Death cover and
- Maturity benefits
Survival benefits
Survival Benefit
From the end of your premium payable term you will get 8% of Sum assured amount till your 100yrs.
As for example ,if you take a Jeevan umang policy of 10 lac for 20 yrs then after 20 yrs you will get 8% of 10 lac (Rs 80,000) till your 100 years.
Death cover
If death occurs between the date of policy taken to till 100 yrs of policy holder ,then
Sum assure + Vested Bonus + Final addition bonus will be paid
Maturity Benefit
At the age of 100 yrs
Sum assure + Vested Bonus + Final addition bonus will be paid
