LIC: Will pay Rs 40,000 every year, pay premium of Rs 41 every day. 40000 rupees are available every year in LIC Jeevan Umang Insurance Plan


Know about LIC Jeevan Umang Insurance Plan

Know about LIC Jeevan Umang Insurance Plan

LIC Jeevan Umang Bima Plan can be bought in the name of the child as soon as he is born. At the same time, only people of maximum 40 years can take this insurance plan. In this insurance plan, it is necessary to take a sum assured of Rs 2 lakh. On the other hand, if you want, you can take insurance for any more than this. In LIC Jeevan Umang Bima Plan, the benefit of whole life insurance is available. Apart from this, a lump sum amount is also given on maturity. On the other hand, after maturity, you get a fixed amount every year for the whole life. Apart from this, after the death of the policyholder, his/her nominee gets the lump sum amount. This is an endowment plan of LIC.

Know premium and earnings

Know premium and earnings

If LIC Jeevan Umang Bima Plan is taken at the age of 15, then the premium has to be paid till the age of 40 years. If the insurance of Rs 5 lakh is taken at the age of 15 years, then the annual installment will come to Rs 15298. If you want to pay half-yearly installment, then this installment will come to Rs.7730. On the other hand, if you want to pay the installment of quarterly insurance, then it will come to Rs 3906. LIC also gives you the flexibility to pay monthly insurance premiums. If you want to pay the monthly insurance installment, then it will be Rs 1302. In such a situation, if you look at the annual installment basis, then it comes to an average of Rs 41 per day.

LIC: Will pay Rs 40,000 every year, pay premium of Rs 41 every day. 40000 rupees are available every year in LIC Jeevan Umang Insurance PlanLIC’s Jugaad: Invest Rs 10 lakh, get pension of Rs 22000 per month

Know how much money you will get

Know how much money you will get

After paying the above mentioned premium in LIC Jeevan Umang Bima Plan, LIC will give you Rs 40,000 every year from the age of 45 to the age of 100 i.e. till 55 years. In such a situation, if you want to know how much money you will get till the age of 100, then it is Rs 52.75 lakh. And you will give LIC a total of Rs 458,940.

Other Benefits of Jeevan Umang Insurance Policy

Other Benefits of Jeevan Umang Insurance Policy

  • If the policyholder dies in an accident or becomes disabled, then he can get the benefit of taking a term rider.
  • Tax exemption is also available on taking this insurance under section 80C of Income Tax.





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