Filter

LICs Jeevan Umang 945 Plan

Saving...

.

I am
Date of Birth (DD/MM/YYYY)
My Source of income is

Please enter Date Of Birth of life to be assured, select income source and click on CALCULATE PREMIUM.


LIFE INSURANCE COVER
POLICY VALUE (SA or Sum Assured)
AWESOME PLAN BENEFITS FOR YOU₹Amount
GUARANTEED PENSION (Tax Free) from th Year until 100 Years (or till death)lic bonus * Years
Benefit 1: Total Annual TAX FREE PENSION received till 100 Yearslic jeevan umang buy online 915
Benefit 2: Second maturity lumpsum amount on completing age 100, you get Sum Assured + Bonus + FAB paid:
    =   + + 		Buy lic plan online+
Total expected returns you recieve from policy upto age 100 years:Lic Maturity Amount
Benefit 3:Aproximate loan availability after 3 yearsloan on lic policy
BENEFITS FOR NOMINEE/FAMILY AFTER YOU₹Amount
On death before th year of plan maturity :
1. On death before maturity: Guaranteed life insurancelic bonus
2. If accidental death: DAB paidlic bonus
3.bonus paid: Accumulated Bonus+ Final Additional BonusBuy lic plan online+
Total payable to nominee = 1 + 2 + 3 (Tax Free):Lic Maturity Amount
On death after th year of plan maturity :
1. On death after maturity: Guaranteed life insurancelic bonus
2. If accidental deathbefore age 70: DAB paidlic bonus
3.bonus paid: Accumulated Bonus+ Final Additional BonusBuy lic plan online+
Total payable to nominee = 1 + 2 + 3 (Tax Free):Lic Maturity Amount
After premium payment term is over on th year onwords, dealth benefit payable to nominee goes on increasing till 100 years without premium payment:
Benefit 4: + Maximum death benefit (Tax Free) payable to nominee near maturity years.Jeevan Umang plan 945
*Note: Bonus and Final Additional Bonus (FAB) are calculated till the policy maturity term. Simple Reversionary Bonuses are considered not more than ₹60 per thousand to calculate returns for illustration and actual bonus will be declared by LIC in future.
Death benefits illustration is calculated assuming death of life assured occurs before a year of maturity.
How do you want to Pay to start policy Now?

    • PAY PREMUM

    • PAY

    •  
      • Premium
      • DAB Premium
      • GST (4.5%)
      • Total

      •  

    • YEARLY

    • Save 2%

    • HALF YEARLY

    • Save 1%

    • PAY PREMUM

    • PAY

    •  
      • Premium
      • DAB Premium
      • GST (4.5%)
      • Total

      •  

    • QUARTERLY

    •  

    • MONTHLY

    •  

Note: For Monthly mode of premium payment, 2 months premium have to be paid initially. eNACH (Auto deduction from your bank) setup is mandatory.
Pay by Credit Card | Debit Card | Net Banking | UPI conveniently
lic premium payment options
Your data transactions are secure with SSL certificate, payments through RBI approved PCI-DSS certified payment gateways on LIC's digital portal
lic premium payment optionsWhy you should buy LIC plans?   LIC is the only Life Insurance Company in INDIA where Sum Assured and Bonuses declared are GUARANTEED BY THE GOVT OF INDIA. (refer Section 37 LIC ACT 1956)

LIC Jeevan Umang Online

India's Only plan offering 8% Guaranteed Pension LifeLong !!

Whole Life Insurance Cover

Unique benefit where Life Insurance continues up to age 100 years without premium payment.

Whole Life Guaranteed Pension

8% of Sum Assured as Guaranteed Pension from end of policy paying term to end of life.

TRIPLE BENEFIT

LIC's best Plan Jeevan Umang offering a Triple Benefit of Whole life insurance, Whole life Pension and Wealth Building

a)Pension: LIC Jeevan Umang gives assured Lifelong Pension at the rate of 8% of Sum Assured, all along covering your life insurance upto 100 years.
b)Maturity benefit: In case the policyholder survives the policy period, Guaranteed pension starts, which he'll recieve lifelong along with continued insurance cover.
c)Death benefit: In case of death of policyholder during premium payment term, then Sum Assured along with the bonus and other benefits are paid. In case of death during the pension receiving term, then pension stops and the nominee receives Sum assured and bonus as a lumpsum amount.
d) Tax Benefit: In case of death of policyholder during premium payment term, then Sum Assured along with the bonus and other benefits are paid. In case of death during the pension receiving term, then pension stops and the nominee receives Sum assured and bonus as a lumpsum amount.
e) Riders: You can choose from a variety of Riders. Accidental and Disability Benefit Rider is most commonly opted. For a nominal premium, get double your Basic Sum Assured

Eligibility Conditions for LIC Jeevan Umang Online

a)Minimum Basic Sum Assured:Rs. 2,00,000
b)Maximum Basic Sum Assured:No limit
c)Policy Term:15, 20, 25 or 30 years
d)Premium Paying Term:Same as policy term 
e)Minimum Age at entry:90 days Completed
f)Maximum Age at Entry:55 years for 15 years Term50 years for 20 years Term45 years for 25 years Term40 years for 30 years Term
g)Maximum Age at end of PPT:30 years
h)Maximum Age at Maturity:100 years

FAQs about LIC Jeevan Umang Online

Who can buy LIC Jeevan Umang?

LIC Jeevan Umang is one of the most versatile plan. It can be gifted to a baby to secure his future, brought to save tax for a youngster or middle aged man can invest in it to start his pension.

Do I pay the premium Monthly or Annually?

LIC premiums can be paid Yearly, Half yearly, Quarterly or Monthly. Yearly premium offers 2% discout, Half-yearly premium offers 1% discount. If you opt for Monthly premiums, NEFT will be set up, where in the Premium will be deducted from your bank account on the chosen date every Month.

How can I save Income Tax with this plan?

All premiums paid towards your LIC Jeevan Umang policy is considered for Income Tax saving under Sec 80c of Income tax act. You can invest upto Rs.1,50,000 under 80c and save tax upto Rs.46,800 every year. Also the Pension and other returns from this plan are tax free as well.

When is the best time to start investing in LIC Jeevan Umang?

Now is the best time!! Ideally one should start with tax saving LIC Jeevan Umang policy as soon as possible. The younger you start your policy, the better benefits - Lower premium, Higher life cover, long term corpus building for retirement,Save Tax from the start, disciplined savings habit from an early age. Also adequate life cover to start with.

When should I start LIC Jeevan Umang in the Finanical Year for Tax Saving?

Any premiums paid between 1st April to 31st March is considered for tax saving for that financial year. If opting for Yearly premium payment mode, you can start the policy whenever convenient. If you are choosing other modes, then to save tax for the whole year, you can use the Date Backing option. You can contact us for further information on this.

Are the Pension and Maturity benefits or returns from LIC Jeevan Umang Tax free?

Yes !! Tax Free returns, pensions including bonus, sum assured or surrender value from LIC Jeevan Umang Pension plan under Income Tax Act 10(10D)

Premium Options

The premiums can be paid Yearly, Halfyearly, Quaterly or Monthly.

Loan on Policy

Policyholder can avail loan on policy after 3 successful years of premium payment.

Policy Bond

Your LIC policy bond will be issued after acceptance of your online proposal.

Bonus

Bonus added to your policy at the end of every financial year and paid on maturity along with sum assured.

Why buy LIC Jeevan Umang Online?

India's Only Insurance Company with Sovereign guarantee by Govt of India.

All LIC policies come with a Sovereign Guarantee from Govt of India. Your money is safe and guaranteed by Government. This makes LIC a most proffered Insurance company than Private Life Insurance company when it comes to buying new LIfe Insurance Policy.

Most trusted Brand of India

14,000+ Crores New premium paid every year by Indians.

LIC has King share of Life Insurance Business around more than 75%  in India. People prefer LIC over Private Life Insurance plans how ever attractive promises they make due to trust and uncertainty of Private Companies Promises.

Easy Online Buying KYC Process

We assure hassle free online buying process. Buy online from the comfort of your house and digital consultation if required. KYC is also done online.

Compliant with RBI and IRDAI approvals.

Whey go anywhere else or Agents?

Secure Payment Options

Online payment options like Debit/Credit card, UPI payments,PayTM, Bhim, Google pay etc. Integrated through RBI approved PCI compliant payment gateway.

Unbiased Sales process

LIC is a leading brand, hence we help you choose the right plan without any biased opinion. Honest and transparent information shown to you and you can chose yourself based on your need.

No Misselling

You choose your own plan from our Website. See illustrations and expected return instantly and make baying decision. Understand the plan which best suits your needs. No misspelling or forced selling by intermediaries.

error: