Jeevan Labh LIC Plan Table No. 836

Jeevan Labh LIC Plan 2016 Table No. 836 benefit, Premium Calculation, New Chart, Policy Review, Loyalti Additions information for LIC Agents and Customers.

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Jeevan Umang LIC Plan Table 845- Features, Benefit, Maturity & Bonus Amount

LIC – Life Insurance Corporation is going to launch New plan of LIUC Jeevan Umang under the table No. 845 soon. Jeevan Umang is Non Linked Whole life assurance plan who provide the Fixed yearly amount (8% of Sum assured/Year) after the premium payment up to 100 year of age and Maturity Lump sum amount on Maturity time (completion of 100 Years) or Death of Bima holder. This is similar plan like Jeevan Tarang (178) which is closed for sale recently so this new Jeevan Umang plan started on soon and as per sources Jeevan Umang LIC Plan launched on 16th May 2017.

Key Features

  • 8% of SA per year as survival benefits
  • Suitable plan for pension
  • Whole Life Plan
  • Availability of Accidental benefit Rider, Term Rider and Critical Illness riders.
  • Paid premiums are exempted from income tax under 80C
  • Maturity amount is tax free under 10 (10D)

Plan Parameters

Age at Entry 90 Days (Completed)
Premium Paying Term (PPT) 15, 20, 25, & 30 Years
Maximum Age at Entry in Years)
(As per Nearest Birthday)
55 for 15 PPT
50 for 20 PPT
45 for 25 PPT
40 for 30 PPT
Age at Maturity 100 Years (Nearest Birthday)
Policy Term 100 – Age at Entry
Basic Sum Assured 2,00,000 and above in multiples of 25,000
Premium Paying Mode Yearly, Half Yearly, Quarterly & Monthly (SSS and NACH Only)
Premium Payment Mode rebate 2% on yearly, 1% on Half Yearly, Nil on Quarterly & Monthly

Survival and Maturity Benefits

Death benefits

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