LIC Jeevan Utsav is a non-linked, non-participating whole life insurance plan from Life Insurance Corporation of India designed to provide guaranteed benefits along with lifelong financial protection through a single premium payment.
Single Premium Payment
Pay the premium once and enjoy lifelong insurance protection and guaranteed benefits.
Guaranteed Annual Survival Benefit
After the deferment period chosen at policy inception, the policyholder receives guaranteed yearly payouts for life.
Whole Life Coverage
Provides life insurance cover up to 100 years of age, ensuring long-term financial security for loved ones.
Guaranteed Additions
The policy accrues guaranteed additions throughout the premium-paying and deferment period, enhancing overall benefits.
Flexible Deferment Period
Policyholders can choose when they want the annual payouts to begin, based on their future financial planning needs.
Loan Facility Available
Policy loans may be available after completion of specified policy conditions, helping meet emergency financial needs.
Financial Security for Family
In the event of the life assured’s demise during the policy term, death benefits are payable to the nominee as per policy provisions.
Advantages
Guaranteed Yearly Payout
Loan Facility
Financial Security for Family
Eligibility Criteria Details Minimum Entry Age 90 days Maximum Entry Age Varies as per deferment option Premium Payment Single Premium Policy Type Non-linked, Non-participating Whole Life Plan Benefit Payout Guaranteed annual survival benefits after deferment Why Choose LIC Jeevan Utsav Single Premium? One-time premium payment with lifelong benefits Guaranteed yearly income after deferment period Long-term financial protection from Life Insurance Corporation of India Suitable for retirement and legacy planning Combines insurance protection with guaranteed income Who Should Consider This Plan? Individuals seeking guaranteed lifelong income People preferring one-time investment plans Parents planning long-term financial security Individuals looking for wealth preservation with insurance protection Investors seeking stable and predictable benefits
Secure your future with the stability and guaranteed benefits of LIC Jeevan Utsav Single Premium.