Jeevan Umang

This plan offers an attractive combination of protection and savings. Protection against death & payment of lump sum at the end of the selected policy term.

Book Policy

Policy Benefits as per your Savings

Jeevan Umang Plan is Ideal for – Retirement Plan & Child’s Future

Book Policy
Book Policy
Book Policy

Policy Details

Policy Type: Investment Plan

Policy Information:

LIC’s Jeevan Umang plan offers a combination of income and protection to your family. This plan provides for annual survival benefits from the end of the premium paying term till maturity and a lump sum payment at the time of maturity or on the death of the policyholder during the policy term.

In addition, this plan also takes care of liquidity needs through a loan facility.

Policy Highlights:


  • Minimum Basic Sum Assured:  2,00,000/-
  • Maximum Basic Sum Assured: No Limit
  • Policy Term: (100 – Age Entry)
  • Minimum Entry Age: 0 ( 90 days) 
  • Maximum Entry Age: 
55 Years Nearest Birthday For Premium paying Term 15
50 Years Nearest Birthday For Premium paying Term 20
45 Years Nearest Birthday For Premium paying Term 25
40 Years Nearest Birthday For Premium paying Term 30
  • Minimum Age at the end of premium paying Term: 30 years (Nearest birthday)
  • Maximum Age at the end of premium paying Term: 70 years (Nearest birthday)
  • Mode of Premium Payment: Yearly, Half-yearly, Quarterly & Monthly
  • Accidental Death & Disability Benefit Rider is available on payment of additional premium.

Policy Benefits:

• On Death during the policy term: 

“Sum Assured + Vested Bonus + FAB if any.”

• Where ‘Sum Assured on Death’ is defined as the higher of 125% of Basic Sum Assured. OR 7 times of annualised premium.

• This death benefit shall not be less than 105% of all the premiums paid as on date of death.

• The premiums mentioned above exclude service tax, extra premium and rider premiums if any.

• On death of policyholder at any time after policy term: Basic Sum Assured

• On Survival: On survival Basic Sum Assured + Vested Bonus + FAB if any.

• Surrendered Value: The Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.

Loan on Policy:

  • Loan Facility is available under this plan, after payment of premiums for at least 2 full years.

Income Tax Benefits:

  • Premium paid under this plan is eligible for TAX rebate under section 80c.
  • Maturity under this plan is free under sec 10(10D)

Book Policy Online

Fill the form. Our LIC Agent will contact you soon!

5 Easy steps – Policy Booking Process

Now purchasing LIC policy is easy and online! Fill the Contact Form. Our dedicated LIC Agents will guide you through the process.   

Fill the 'Book Policy Online' Form

Fill the ‘Book Policy Online’ form by providing your necessary information & select the policy.

Our LIC Agent will call you

Our dedicated LIC Agent will call you & guide you in selecting the right policy as per your needs. 

Form Filling & Document Verification

Our LIC Agent will fill the form for you. Document Verification will be done online. Or you can visit our LIC Branch for document verification. 

Pay the First installment of premium

Pay the first instalment of your policy premium to the LIC Bank account. Our Agent will verify your payment and send you the payment receipt. 

Your Policy is registered!

After the successful payment, your policy will be registered & you will receive the policy documentation from LIC. 

Enjoy the policy benefits!

Select LIC Plan & Policies 

Find all the available LIC Plans and policies for you and your family needs. Contact our Agents for policy recommendations.

👈 Click to check the policy

1. Investment Plans
2. Child Plans
3. Pension Plans
4. Term Insurance Plans
5. Cancer Cover Plans
6. Health Insurance Plans