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Guaranteed Income Goal Plan vs Lic Jeevan Umang

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Guaranteed Income Goal Plan vs Lic Jeevan Umang

Guaranteed Income Goal Plan

Bajaj Allianz Life Guaranteed Income Goal by Bajaj Allianz Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insurance. Rather than a normal savings plan, this plan gives you a choice to receive maturity benefits as: lumpsum or in income. With the r...

Lic Jeevan Umang

LIC Jeevan Umang (Plan No: 945) is a conventional, with-profit, non-linked endowment plan with complete life insurance coverage. The policy provides the needful coverage at regular payout from the end of the premium payment term until the date of your survival. After completing the policy tenure or ...

PLAN DETAILS

Guaranteed Income Goal Plan


Lic Jeevan Umang

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed returns
  • Choice of two variants
  • Policy loan available
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Guaranteed returns
  • Choice of two variants
  • Policy Loan available
  • Death Benefits
  • Maturity Benefits
  • Loan on Policy
Plan Maturity age Maximum Maturity Age - 72 years Maximum Maturity Age - 100 years
Premium payment term 5,7,8,10,12 years 15 to 30 years
Plan Entry Age Minimum Age - 6 years Maximum Age - 60 years Minimum Age - 90 days Maximum Age - 55 years
Sum assured No limit Rs 2 lakh to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10,12,15,20 years 100 Minus Age at Entry
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62
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LIC Jeevan Umang Plan No. 945 Details

LIC Jeevan Umang Plan No. 945 Details

Know More About Plans

Bajaj Allianz Life Guaranteed Income Goal by Bajaj Allianz Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insurance. Rather than a normal savings plan, this plan gives you a choice to receive maturity benefits as: lumpsum or in income. With the regular or limited premium paying option, you can cover yourself or up to the age of 20 years.

Wait wait. In case of emergencies, this plan also offers a loan facility for up to 70% of your surrender value.

Bajaj Allianz Life Guaranteed Income Goal Plan offers you a range of benefits including:

why-choose
  • Choice of 2 life cover variants
  • Flexibility to choose premium payment term
  • Special premium rates for women
  • High sum assured rebate
  • Choice of rider options

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