LIC Jeevan Umang Plan: Get Lifetime Income + Insurance (Full Details 2026)

Imagine a plan where you pay for a few years and then start getting regular yearly income for life.

That’s exactly what LIC Jeevan Umang offers — a combination of whole life insurance + passive income.

Key Features

• Limited premium payment
• Whole life cover (up to 100 years)
• Annual survival benefits
• Bonus included

How It Works

• You pay premium for a limited period (say 15–20 years)
• After that, you start receiving yearly inco
• At age 100, you get a lump sum maturity

Benefits

Survival Benefit

• Around 8% of sum assured every year after premium term

Maturity Benefit

• Full sum assured + bonus

Death Benefit

• Financial security for family

Key Advantages

• Passive income after few years
• Lifetime coverage
• Ideal for long-term wealth planning

Best For

• People planning early retirement
• Long-term investors
• Individuals who want steady income

LIC Jeevan Umang is a great choice if you want long-term income + lifetime financial protection