LIC Jeevan Umang
8% Guaranteed Annual Income For Life After Premium Term
Provides regular annual income payout from the end of premium paying term till age 99 plus a lump sum payout at maturity or death.
Families looking for guaranteed retirement income, legacy planning, and lifelong risk coverage.
Key Benefits & Protection Advantages
Eligibility & Policy Limits
| Eligibility Parameter | Official Rule / Limit |
|---|---|
| Minimum Entry Age | 90 Days Completed |
| Maximum Entry Age | 55 Years (varies by PPT selected) |
| Premium Paying Terms | 15, 20, 25, or 30 Years |
| Minimum Sum Assured | ₹2,00,000 |
Sample Payout Illustration
Illustrative Example₹80,000 Guaranteed every year from age 45 to 99 + ₹50 Lakhs+ at age 100
Frequently Asked Questions about LIC Jeevan Umang
Q1:When do the annual 8% payouts start?
Payouts start from the end of the selected Premium Paying Term (e.g., if you choose 15 PPT at age 30, annual ₹80,000 payouts start from age 45 till age 99).
Information provided on this consultancy website is for general awareness, policy comparison, and educational purposes. Plan features, bonus additions, eligibility terms, and premiums are governed by official Life Insurance Corporation of India (LIC) product prospectuses and sales brochures. This is an independent insurance agent consultancy website and does not claim to be the official corporate web portal of LIC of India. Policyholders are advised to read official policy documents carefully before finalizing insurance contracts.
Request Quote & Brochure
Get an official premium calculation table for LIC Jeevan Umang directly from Senior Advisor Satrughan Thakur.