LIC Jeevan Umang Plan: LIC has many good plans. But due to lack of information, people are not able to take full advantage of them. The name of one such good insurance plan is LIC Jeevan Umang. If an average premium of Rs 41 is paid daily in this policy, then Rs 40,000 can be earned annually. But if someone pays a little more premium, he can get even more money every year. However, only people up to 40 years of age can take this scheme. In such a situation, if investment is made in this scheme of LIC as soon as the child is born, then when the child grows up, he can become completely financially independent. Under LIC Jeevan Umang Insurance Policy, it is necessary to take a minimum insurance of Rs 2 lakh.
Know about LIC Jeevan Umang Insurance Plan
LIC Jeevan Umang Insurance Plan can be purchased in the name of the child as soon as he is born. At the same time, only people of maximum 40 years of age can take this insurance plan. In this insurance plan it is necessary to take a sum assured of Rs 2 lakh. If you want, you can take insurance for any amount more than this. LIC Jeevan Umang Insurance Plan provides the benefit of whole life insurance. Apart from this, lump sum amount is also given on maturity. After maturity, you continue to get the fixed amount every year for your entire life. Apart from this, after the death of the policyholder, his nominee gets a lump sum amount. This is an endowment plan of LIC.
Know premium and earnings
If LIC Jeevan Umang insurance plan is taken at the age of 15 years, the premium will have to be paid till the age of 40 years. If an insurance of Rs 5 lakh is taken at the age of 15 years, the annual premium will be Rs 15298. If you want to pay half yearly installment then this installment will be Rs 7730. Whereas if you want to pay monthly insurance premium, it will cost Rs 3906. LIC also gives you the option to pay monthly insurance premium. If you want to pay the monthly insurance premium, it will be Rs 1302. In such a situation, if you look at it on the basis of annual installment, it comes to an average of Rs 41 per day.
Know how much money you will get
After paying the above mentioned premium in LIC Jeevan Umang Insurance Plan, LIC will give you Rs 40,000 every year from the age of 45 to the age of 100 i.e. for 55 years. In such a situation, if you want to know how much money you will get by the age of 100, then it is Rs 52.75 lakh. And you will give a total of Rs 458,940 to LIC.
Other benefits of Jeevan Umang Insurance Policy
- If the policyholder dies in an accident or becomes disabled, he can get the benefit by taking a term rider.
- Tax exemption is also available on taking this insurance under Section 80C of Income Tax.