LIC Jeevan Umang is an endowment cum whole life plan which offers a regular yearly payout from the end of the policy premium payment term till the date of your policyholders survival. Jeevan Umang is a participating plan so eligible for simple reversionary Bonus and Final Addition Bonus declared by LIC.
Frequently Asked Questions
What kind of policy is this?
LIC Jeevan umang is an endowment cum whole life money back policy.
How much survival benefit is paid?
LIC offers 8% of policy Sum Assured after the premium payment term completed – till policyholder is alive or till the age of 100.
Policy loan is available?
Yes. You will be eligible to get a loan against jeevan umang policy once it acquires a Surrender Value. The loan amount and interest rate would depend on the prevailing at the time of taking the loan.
