LIC Jeevan Umang
LIC Jeevan Umang is a comprehensive, non-linked, endowment plan that provides financial protection against death throughout the policy term, along with the benefit of regular income after the selected premium paying term. The policy offers a combination of risk cover and long-term savings, making it ideal for those looking for a blend of life cover and guaranteed returns. It is particularly attractive to individuals seeking a steady income post-retirement or to meet future financial needs. Key Features of LIC Jeevan Umang: Benefits of LIC Jeevan Umang: Eligibility Criteria: Example of LIC Jeevan Umang (Illustration): Let’s consider a policyholder opting for a 20-year policy term and a premium paying term of 15 years with a sum assured of ₹10,00,000.