🌟 LIC Jeevan Umang Calculator
Plan 845 — Whole Life Plan with Annual Survival Benefits
ℹ️ Min SA: ₹2 Lakh | Age:
20–55 yrs | PPT: 15–35 yrs | 8% SA paid every year after
PPT
LIC Jeevan Umang (Plan 845) — Complete Guide
LIC Jeevan Umang (Plan 845) is a unique whole life insurance plan that combines life protection with regular annual income. After the premium-paying term ends, the policyholder receives 8% of the Sum Assured every year as a survival benefit until death or age 100. On maturity (age 100) or death, the full Sum Assured along with accumulated bonus is paid out.
Key Features
- Annual Survival Benefit: 8% of Sum Assured paid every year after premium-paying term ends
- Whole Life Coverage: Life cover till age 100
- Premium Paying Term: 15, 20, 25, or 30 years
- Entry Age: 20 to 55 years
- Minimum SA: ₹2,00,000
- Bonus: Simple Reversionary Bonus + Final Additional Bonus
Benefit Illustration (₹5 Lakh SA, Age 30, PPT 20 Years)
| Benefit | Amount | When Paid |
|---|---|---|
| Annual Survival Benefit | ₹40,000/yr | After 20 years to age 100 |
| Death Benefit | ₹5L + Bonus | Anytime during policy |
| Maturity Benefit | ₹5L + Bonus | On reaching age 100 |