LIC Jeevan Umang (Plan No. 745)
Whole life plan – yearly income of 8% of sum assured after premiums end, cover till age 100.
LIC’s Jeevan Umang (Plan 745) is a whole life plan that gives you yearly survival benefit after the premium paying term, plus life cover up to age 100. It is often called LIC’s “pension-like” plan because the yearly income continues for life once premiums are over.
| Plan name | LIC Jeevan Umang |
|---|---|
| Plan number | 745 |
| UIN | 512N312V03 |
| Category | Whole Life & Income Plans |
How LIC Jeevan Umang works
- Pay premiums for 15, 20, 25 or 30 years.
- After the premium paying term, 8% of the basic sum assured is paid every year till age 99.
- At age 100 (maturity), a lump sum with bonuses is paid.
- On death, the nominee receives the death benefit with bonuses.
Who should buy this plan?
- People planning extra yearly income after retirement
- Parents who want income for themselves and a legacy for children
- Long-term savers
Important points before you buy
- The yearly 8% survival benefit is guaranteed; bonuses are not.
- Policy term is till age 100, so it is a long-term commitment.
Try the Jeevan Umang Calculator
Living abroad? Read LIC Jeevan Umang for NRIs.
Why buy LIC Jeevan Umang through Vedpal Singh?
- 20+ years of experience with LIC in the Chandigarh tri-city; Development Officer at LIC’s Manimajra branch.
- Honest comparison of plans – we suggest what fits your goal and budget, including term cover where needed.
- Doorstep service for proposal, KYC and medicals in Chandigarh, Mohali, Panchkula and Zirakpur.
- Lifetime after-sales help: premium reminders, loans, nominee change, revival and claim support for your family.
Frequently asked questions
Source: plan details summarised from LIC’s official plan list and brochures on licindia.in. Features, eligibility and rates may change – the latest LIC sales brochure prevails.
Related LIC plans
LIC Jeevan Utsav
Guaranteed whole life plan – lifelong income of 10% of sum assured every year.
Get LIC Jeevan Umang Quote
Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.