How to Secure Your Future with LIC new Jeevan Utsav plan (871) launched on 29 Nov 2023
LIC’s Jeevan Utsav is a Non-Linked, Non-Participating, Individual, Savings, Whole Life Insurance plan. This plan provides financial support to family in case of unfortunate death of Life Assured. 1) KEY FEATURES: • Whole life insurance with limited premium payment • Two options available at inception to choose the benefit under the plan: - Option I - Regular Income Benefit, Option II – Flexi Income Benefit • Guaranteed Additions throughout Premium Paying Term • Flexibility to choose Premium Paying Term from 5 Years to 16 Years • Benefit of attractive High Sum Assured Rebate • Option to enhance coverage by opting for riders on payment of additional premium • Takes care of liquidity needs through loan facility ...