Back to MarketplaceRECOMMENDED
LIC — Whole Life Plans
LIC's Jeevan Umang (Plan 745)
Premium
₹160/Day
Sum Assured
₹1 Lakh - No Limit
Term
Whole Life (up to age 100)
Premium Paying
15/20/25/30 Years
Key Features
Annual income of 8% of SA from PPT end till age 100
Whole life coverage up to age 100
Simple Reversionary Bonuses + Final Additional Bonus
Loan facility available after 3 years
Income benefit continues for lifetime - guaranteed
Tax benefits under Section 80C & 10(10D)
Ideal for creating lifelong income stream
Benefits
Maturity Benefit
8% of Basic Sum Assured paid annually from end of PPT till age 100, PLUS Sum Assured on Maturity at age 100
Death Benefit
During PPT: Sum of Death Benefit + Vested Reversionary Bonuses + FAB. After PPT: Sum Assured on Death + Vested Reversionary Bonuses + FAB. SA on Death = Higher of 7x Annualized Premium or 125% of Basic SA.
Available Riders
Accident Benefit RiderPremium Waiver Benefit RiderTerm Assurance Rider
Eligibility
Age: 0-55 years, Min SA ₹1 Lakh, PPT: 15/20/25/30 years
Highlights
8% of SA as annual income for life after premium paying term - guaranteed lifelong income