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Lic Jeevan Labh
VS
Lic Jeevan Umang
| PLAN DETAILS |
Lic Jeevan Labh |
Lic Jeevan Umang |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - 75 years | Maximum Maturity Age - 100 years |
| Premium payment term | 10,15,16 years | 15 to 30 years |
| Plan Entry Age | Minimum Age: 18 years, Maximum Age: 65 years | Minimum Age - 90 days Maximum Age - 55 years |
| Sum assured | Rs 2 lakhs to No limit | Rs 2 lakh to No limit |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Annual, half-yearly, quarterly, and monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 16,21,25 years | 100 Minus Age at Entry |
| Claim Settlement Ratio (2024-25) | 98.5% | 98.5% |
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LIC Jeevan Labh 936 Plan LIC Jeevan Umang Plan No. 945 Details |
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LIC Jeevan Labh (Plan No: 936) is a limited premium paying, non-linked (not dependent on equity-based funds or the money/share market) with-profit endowment plan that offers various benefits to its clients.
It provides a combination of protection and savings, ensuring you stay protected and can save money efficiently. It also offers financial support to their family in need in case of the insured's unfortunate demise.
This is a basic endowment plan where you pay premiums for a limited time. At the end of the policy term, you receive the Maturity Benefits. In case of the policyholder's death during the policy term, the nominee will receive the Death Benefit, which includes the Sum Assured and bonuses.
LIC Jeevan Labh Plan offers a range of benefits, including:
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