LIC Jeevan Umang Policy Earn Lakhs by Investing Just ₹25 a Day!
For millions of Indian families, financial security and future savings are two of the most important goals in life. Whether it’s a middle-class household, a salaried employee, or a self-employed individual, everyone wishes for a reliable investment that guarantees both safety and good returns.
When it comes to trust and stability, Life Insurance Corporation of India (LIC) has been a name synonymous with reliability for decades. Owned by the Government of India, LIC is the largest life insurance company in the country. It has consistently provided Indians with tailor-made insurance and savings plans to suit various financial needs.
Among its wide range of offerings, one plan that stands out for its assured income, life protection, and savings benefits is the LIC Jeevan Umang Policy — a plan that can turn even a small daily investment into lakhs over time.
What is LIC Jeevan Umang Policy?
The Jeevan Umang Policy is a unique blend of savings, life insurance, and annual income. It not only provides life coverage up to 100 years of age but also ensures regular annual income after the premium payment term is completed.
This plan is ideal for people looking for long-term guaranteed income along with financial protection for their family.
Key Features of Jeevan Umang Policy
- Guaranteed Lifetime Income:
After completing the premium payment period, the policyholder receives a guaranteed annual income every year up to the age of 100. - Life Coverage:
In the unfortunate event of the policyholder’s death, the nominee receives the sum assured along with bonuses, ensuring the family’s financial security. - Long-Term Savings:
With consistent premium payments, the plan helps create a large savings corpus over time. - Flexibility in Premium Payments:
You can choose to pay premiums monthly, quarterly, half-yearly, or annually. The minimum daily equivalent investment can be as low as ₹25 per day. - Bonus Benefits:
LIC offers additional bonuses declared annually, which enhance the maturity or death benefits.
Eligibility and Policy Details
| Criteria | Details |
|---|---|
| Minimum Age | 90 days |
| Maximum Age | 55 years |
| Policy Term | Up to 100 years |
| Premium Payment Term | 15, 20, 25, or 30 years |
| Minimum Sum Assured | ₹2,00,000 |
| Maximum Limit | No upper limit |
| Premium Mode | Monthly / Quarterly / Half-Yearly / Yearly |
Example of Returns under LIC Jeevan Umang
Let’s take a simple illustration:
- Age of Policyholder: 26 years
- Sum Assured: ₹5,00,000
- Premium Paying Term: 30 years
- Annual Premium: ₹15,882
- Total Premium Paid: ₹15,882 × 30 = ₹4,76,460
Once the premium term ends, starting from the 31st year, LIC will start paying an annual income of ₹40,000 every year until the person turns 100 years old.
If the policyholder unfortunately passes away before 100 years, the family will receive:
- Minimum of ₹5,00,000 + accumulated bonuses
- Or 105% of the total premiums paid, whichever is higher.
This amount can be received in a lump sum or as installments, depending on the nominee’s preference.
Major Benefits of LIC Jeevan Umang Policy
✅ 1. Lifetime Income
Once the premium payment is complete, you start earning a fixed income every year — a financial cushion that continues throughout your lifetime.
✅ 2. Life Protection for Your Family
Even in the case of untimely death, your family will continue to receive financial support through the sum assured and bonuses.
✅ 3. Retirement Security
Jeevan Umang works as a perfect retirement plan, ensuring you don’t run out of money when your earning years are over.
✅ 4. Tax Benefits
You can claim deductions under Section 80C for the premiums paid, and the maturity benefits are tax-free under Section 10(10D) of the Income Tax Act.
✅ 5. Bonus and Loyalty Additions
LIC declares bonuses every year, which add significant value to your returns. These bonuses are added to your policy and enhance your eventual payout.
Who Should Invest in Jeevan Umang?
This plan is a great fit for:
- Salaried individuals looking for long-term wealth creation with safety.
- Parents who want to secure their children’s education and future.
- People planning for retirement, wishing for regular income after their working years.
- Individuals wanting guaranteed returns rather than market-linked risks.
- Families seeking financial protection against life’s uncertainties.
In short, anyone who believes in steady, disciplined savings with long-term protection will find this plan extremely beneficial.
How to Apply for LIC Jeevan Umang Policy
- Visit the nearest LIC branch or contact an authorized LIC agent.
- Discuss your financial goals, preferred coverage, and payment term.
- Submit required documents such as Aadhaar card, PAN card, address proof, and income proof.
- Complete a short medical examination, if required.
- Once your proposal is accepted, your policy document will be issued.
You can also apply online through the official LIC website by selecting “Buy Policy Online” and choosing Jeevan Umang from the list of available plans.
Important Points to Remember
- The premium and bonus amounts vary depending on your age, sum assured, and policy term.
- Always consult a certified LIC advisor before finalizing your plan to understand all terms clearly.
- The plan’s returns are long-term, so early withdrawal may reduce benefits.
- For better results, maintain consistent premium payments and avoid lapses.
Why Choose LIC Jeevan Umang Policy?
Unlike other short-term savings options, Jeevan Umang provides a unique combination of lifetime income and life cover.
With a small daily investment — even ₹25 a day — you can ensure your family’s safety and build wealth worth over ₹20 lakhs in the long run.
It’s not just an insurance policy; it’s a complete financial safety net that gives you peace of mind, lifetime stability, and protection against life’s uncertainties.
Application Link
Conclusion
The LIC Jeevan Umang Policy stands out as one of the most powerful savings-cum-insurance plans available today.
It ensures that your family’s future remains protected, your retirement stays financially comfortable, and your small investments grow into a secure fortune.
Whether you’re just starting your career or planning your retirement, this policy guarantees that every rupee you invest today will safeguard your tomorrow.
If you’re looking for a trusted, government-backed plan with assured lifelong benefits, LIC Jeevan Umang is truly worth considering.
