Life Insurance Corporation of India has currently issued different types of insurance policies from which citizens can choose any policy as per their wish and invest in them. Many citizens have also invested in the Jeevan Utsav policy launched by Life Insurance Corporation of India because this policy provides risk coverage along with lifelong income.
For those currently considering an insurance plan, LIC’s Jeevan Utsav plan could be a good option. Everyone should familiarize themselves with the details of this plan and then compare it with other policies. This plan is a special plan under the Life Insurance Corporation of India, launched in November 2023.
LIC Jeevan Utsav Policy
Currently, the country’s largest insurance company is the Life Insurance Company of India, which has millions of people associated with it. Therefore, other citizens can invest in LIC’s Jeevan Utsav policy without worry and receive guaranteed returns. This policy also has several unique features.
If the Jeevan Utsav policy is selected and premium payments begin, the policyholder will receive the sum assured for a long period of time. However, if the policyholder dies due to any reason, the nominee will receive the sum assured. Choosing this policy plan can protect both themselves and their families.
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💥Department Name: Life Insurance Corporation of India
💥Article Name: LIC Jeevan Utsav Policy
💥Plan Launch Date: November 2023
💥Loan Facility Available After Two Full Years of Premium Payment
💥Minimum Basic Sum Assured: ₹5 Lakh
💥Coverage: Lifelong Risk Coverage Until Death of the Life Assured
💥Maturity Benefit: Whole Life Plan, Death Benefit Payment
💥Application Process: Offline
💥Category: Latest News
💥Official Website: https://licindia.in/
Features of LIC Jeevan Utsav Policy
- The premium for the LIC Jeevan Utsav policy can be paid in 5 years, 10 years, 15 years, or 20 years, as per your convenience.
- The policyholder is also provided with a loan facility, allowing them to take out a loan if needed.
- LIC also declares a bonus every year, and this policy also pays a bonus.
- This policy provides coverage up to the age of 100.
- Under this policy, citizens can receive income either monthly or annually.
- Eligibility Criteria for the LIC Jeevan Utsav Policy
- The age for this policy must be less than 65 years.
- There must be sufficient funds to pay the premium amount.
- The citizen must accept the rules and regulations for the LIC Jeevan Utsav policy.
- All citizens should also obtain information about the eligibility criteria from their nearest LIC office.
Big benefit of LIC Jeevan Utsav policy
| The biggest benefit for citizens who sign up for this policy is that it will become a source of permanent income, eliminating the need to worry about earning a permanent income. This policy also offers tax benefits. Income will begin within one year of premium payment. |
Documents Required for LIC Jeevan Utsav Policy
- Aadhaar Card
- PAN Card
- Bank Account Passbook
- Passport Size Photo
- Birth Certificate
- Mobile Number
How to get LIC Jeevan Utsav policy?
👉First, go to the nearest LIC office and contact the nearest LIC agent.
👉After this, get detailed information about the Jeevan Utsav policy.
👉After knowing all the details, get the form and enter the complete information one by one.
👉Then attach photocopies of your Aadhaar card, PAN card, and all other documents to the form.
👉Sign it as well, and if asked for a photo, affix it in the correct place.
👉Now submit the form and then pay the premium amount.
👉After doing this, make sure to get a receipt and keep it safe with you.
FAQ
Which is the best LIC policy?
- LIC has different best policies and one of them is LIC Jeevan Utsav Policy
Where to get complete information about LIC Jeevan Utsav Policy?
- Complete information about this policy can be easily obtained through the official portal. Apart from this, you can also get information from the nearest LIC office.
Should I invest in LIC Jeevan Utsav policy?
- Many citizens have invested money and you can also think about it, however, first know all the terms and conditions.
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