
WHAT IS LIC’S JEEVAN UTSAV PLAN?
LIC’s Jeevan Utsav is a Non-Linked, Non-Participating, Individual, Savings, Whole Life Insurance plan. This plan provides financial support to family incase of unfortunate death of Life Assured and survival benefits in the form of Regular Income Benefit or Flexi Income Benefit as per the option chosen for surviving policyholder.
Eligibility Criteria
- Entry age: 90 days to 65 years
- Premium paying term: 5 to 16 years
- Basic sum assured: Minimum of Rs. 5 lakhs, no maximum limit
- Benefit due age: Minimum of 18 years
- Maximum premium ceasing age: 75 years