New Delhi: Insurance coverage behemoth Life Insurance coverage Company of India (LIC) comes out with varied forms of insurance coverage insurance policies suiting particular person wants and choice.
Life Insurance coverage Company of India’s Jeevan Umang plan affords a mix of earnings and safety to your loved ones. This plan supplies for annual survival advantages from the top of the premium paying time period until maturity and a lump sum cost on the time of maturity or on loss of life of the policyholder throughout the coverage time period.
Eligibility Circumstances and Different Restriction of LIC’s Jeevan Umang plan
Minimal Primary Sum Assured : Rs. 2,00,000
Most Primary Sum Assured : No restrict
(The Primary Sum Assured shall be in multiples of Rs. 25,000-)
Premium Paying Time period : 15, 20, 25 and 30 years
Coverage Time period : (100 – age at entry) years
Minimal Age at entry : 90 days (accomplished)
Most Age at entry : 55 years (nearest birthday)
Minimal Age on the finish of premium paying time period : 30 years (nearest birthday)
Most Age on the finish of premium paying time period : 70 years (nearest birthday)
Age at maturity : 100 years (nearest birthday)
For extra particulars you may learn this coverage doc: https://licindia.in/getattachment/Merchandise/Insurance coverage-Plan/LICs-Jeevan-Um…(2021).pdf.aspx