🛡️ Table No. 945 • Whole Life • Lifetime Income
LIC Jeevan Umang Calculator
8% Guaranteed Annual Income for Life Till Age 100. Check exact yearly, half-yearly, and monthly premiums with 2026 bonus estimations.
30 Years
₹ 5,00,000
LIC Jeevan Umang RETURNS
Projected Total Maturity / Payout
₹ 0
Total Premiums Paid (Over PPT)
Net Profit / Bonus Gain
₹ 0
1st Year Premium (+ 4.5% GST)
₹ 0
Renewal Premium (+ 2.25% GST)
₹ 0
Guaranteed Life Cover (Death Benefit)
₹ 0
Daily Savings Required
₹ 0/day
| Basic Sum Assured | ₹ 0 |
| Simple Reversionary Bonus (SRB) | ₹ 0 |
| Final Additional Bonus (FAB) | ₹ 0 |
| Guaranteed Additions (if applicable) | ₹ 0 |
| Periodic Survival Benefits Paid | ₹ 0 |
| Estimated Total Value | ₹ 0 |
RENEWAL PREMIUM IN ALL PAYMENT MODES
Yearly
₹ 0
+2.25% GST
Half-Yr
₹ 0
+2.25% GST
Quarterly
₹ 0
+2.25% GST
Monthly
₹ 0
+2.25% GST
Investment vs Returns Distribution
Life Cover & Surrender Value Accumulation
| Year | Age | Annual Premium | Cumulative Invested | Normal Life Cover | Accidental Cover | Surrender Value | Eligible Loan (90%) |
|---|
About LIC Jeevan Umang (Table No. 945)
A whole life assurance plan that offers annual survival benefits of 8% of Sum Assured from end of PPT until age 99, plus a massive maturity lump sum at age 100.
Key Plan Highlights
- Guaranteed 8% annual survival payout for lifetime after PPT
- Life cover continues till age 100
- Maturity lump sum at 100: Sum Assured + Bonuses + FAB
- Ideal for retirement pension & wealth legacy
Eligibility Criteria
- Minimum Entry Age: 0 Years
- Maximum Entry Age: 55 Years
- Minimum Basic Sum Assured: ₹ 2,00,000
- Maximum Basic Sum Assured: No Upper Limit (subject to underwriting)
Tax Benefits & Liquidity
- Section 80C: Premiums eligible for tax deduction up to ₹1,50,000/year.
- Section 10(10D): 100% tax-free maturity and death claims.
- Policy Loan: Available after paying 2 full years of premiums.
- Surrender Value: Guaranteed surrender value acquires after 2 years.
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Helpful Policy Tools for this Plan
Estimate cash surrender values, loan eligibility, or compare side-by-side.
Frequently Asked Questions about LIC Jeevan Umang
Get quick answers to the most common questions regarding LIC Jeevan Umang (Table 945) premiums, bonus rates, and maturity.
Q1: How does the 8% annual survival income work in Jeevan Umang (945)?
⌄
Once you complete your chosen PPT (15, 20, 25, or 30 years), LIC pays a guaranteed 8% of the Basic Sum Assured every year into your bank account until age 99 or demise.
Q2: What maturity benefit is paid when the policyholder turns 100?
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Upon attaining age 100, the policyholder receives the full Basic Sum Assured + vested bonuses + Final Additional Bonus (FAB) as a grand lump sum.
Q3: What happens if death occurs after the 8% annual payouts have started?
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The nominee receives the full Sum Assured on Death + accrued bonuses + FAB. None of the past 8% survival income payouts are deducted from the claim!
Q4: Can I take a loan on my Jeevan Umang policy?
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Yes. Loans are available after 2 full years of premiums have been paid, up to 90% of the cash surrender value.