How to buy jeevan umang online?
The Jeevan Umang policy is a popular whole life insurance plan by the Life Insurance Corporation of India (LIC). It provides annual survival benefits starting after the premium-paying term ends, along with a lump sum payment at maturity or on the policyholder's death. If you're interested in purchasing LIC's Jeevan Umang policy online, here’s a step-by-step guide to help you through the process:
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| How to buy jeevan umang online? Can I buy Jeevan Umang lic Policy Online? |
Step to buy jeevan umang online?
Step 1: Visit LIC's Official Website
Go to LIC's official website.
On the homepage, click on ‘Products’ in the main menu and select ‘Life Insurance Plans’.
Step 2: Find Jeevan Umang Plan
Under Life Insurance Plans, look for the Jeevan Umang (Plan No. 945) or search for it directly.
Click on it to view detailed information about the policy, including features, benefits, and eligibility criteria.
Step 3: Calculate Premium
Use LIC's Premium Calculator on the website. Enter your age, sum assured, policy term, and premium payment term to get an estimated premium.
Check if the premium amount and policy benefits suit your financial plan.
Step 4: Register/Log in to Your LIC Account
If you don’t have an account, you’ll need to register on LIC's website.
For registration, you’ll need your policy number, date of birth, and contact details.
Log in using your username and password.
Step 5: Fill in the Proposal Form
Once logged in, go to the ‘Buy Online Policies’ section or use the ‘Apply Online’ option if available.
Fill out the proposal form with personal, nominee, and other details.
Step 6: Make Payment
Select your premium payment mode and proceed to the payment gateway.
You can pay via net banking, debit card, credit card, or UPI options.
Step 7: Submit and Save Documents
After payment, you may need to upload documents such as your identity proof, address proof, and age proof.
Save a copy of the payment receipt and policy details for future reference.
Additional Tips
You can also get guidance from LIC’s online support or reach out to their customer care if you need assistance during the process.
LIC agents also offer the option to help purchase the policy online if you prefer extra assistance.
Can I buy Jeevan Umang lic Policy Online?
Currently Jeevan Umang policy not available for online purchase lic policy.
you can not buy Jeevan Umang policy from lic portal. In future this plan may be available on
lic official website.
C’s Jeevan Umang (UIN: 512N312V03)
(A Par, Non-Linked, Individual, Savings,
Whole Life Insurance Plan)
LIC’s Jeevan Umang is a Par, Non-Linked, Individual, Savings, Whole Life Insurance
plan which offers a combination of income and protection to your family. This plan
provides for annual survival benefits from the end of the premium paying term
till maturity and a lump sum payment at the time of maturity or on death of the
policyholder during the policy term.
This Plan can be purchased Offline through Licensed agents, Corporate agents,
Brokers and Insurance Marketing Firms.
Jeevan Umang Lic Policy Plan Key Features:
• Whole life insurance with limited premium payment
• Annual Survival benefit equal to 8% of Basic Sum Assured from the end of the
premium paying term till the Life assured survives or till the policy anniversary
prior to the date of maturity, whichever is earlier.
• Lump sum payment at the time of maturity or on death of the policyholder
during the policy term
• Flexibility to
- Choose the premium payment term.
- Option for payment of death benefit in instalments.
• Option to enhance coverage by opting for Rider Benefits on payment of
additional premium for the rider benefits.
• Benefit of attractive High Sum Assured Rebate.
• Takes care of liquidity needs through loan facility.
Jeevan Umang Plan ELIGIBILITY CONDITIONS AND OTHER RESTRICTION
a) Minimum Basic Sum Assured : Rs. 2,00,000
b) Maximum Basic Sum Assured : No limit
The Basic Sum Assured shall be in multiples of amounts specified below:
Basic Sum Assured Range Sum Assured multiple
From Rs. 2,00,000 to Rs. 4,50,000 Rs. 25000/-
Above Rs. 4,50,000 to Rs. 9,00,000 Rs. 50,000/-
Above Rs. 9,00,000 Rs. 1,00,000/-
c) Premium Paying Term : 15, 20, 25 and 30 years
d) Policy Term : (100 – age at entry) years
e) Minimum Age at entry : 30 days (completed)
f) Maximum Age at entry : 55 years (nearer birthday)
for PPT = 15 years
50 years (nearer birthday)
for PPT = 20 years
45 years (nearer birthday)
for PPT = 25 years
40 years (nearer birthday)
for PPT = 30 years
g) Minimum Age at the end of
premium paying term : 18 years (completed)
h) Maximum Age at the end of
premium paying term : 70 years (nearer birthday)
i) Age at maturity : 100 years (nearer birthday)
LIC' Jeevan Umang Plan DetailsPDF Brochures Download
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