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  1. Jan 2, 2020 · LIC's Jeevan Umang Plan No. 845 offers life insurance coverage with savings and investment benefits.

    • Key Features
    • Survival and Maturity Benefits
    • Death Benefits
    • Commencement of Risk
    8% of SA per year as survival benefits
    Suitable plan for pension
    Whole Life Plan
    Availability of Accidental benefit Rider, Term Rider and Critical Illness riders.
    On successful completion of premium paying term(PPT), 8% of Basic Sum Assured per yearwill be paid as survival benefits up to a year prior to Maturity, and
    on completion of policy term, Basic Sum Assured + Simple Reversionary Bonus +FAB will paid as maturity claim.
    If death happens before commencement of risk, all premiums paid excluding taxes will be paid to nominee as death claim.
    If death happens after commencement of risk, then Basic Sum Assured + Bonus + FAB will be paid to nominee as death claim.
    In case, the policy holder is less than 8 year old, then, life cover will start 2 year after policy purchase or completion of 8 year of age, whichever is earlier.
    If policy holder is 8 year old at the time of buying policy then, risk will start immediately.
  2. Accidental Death & Disability Benefit Rider. Following premiums are sample and calculated as per parameters given in first table. Please use above calculator to calculate premiums and benefits as per your AGE, TERM and SUM ASSURED (SA). LIC Jeevan Umang (845) Sample Calculation. Sum Assured.

  3. May 13, 2017 · LIC’s Jeevan Umang (T-845) – All details with premium, maturity and benefit calculators with examples. LIC Jeevan Umang (T-845) is a versatile, ‘with profit whole life plan’ which has several benefits of erstwhile popular plan Jeevan Tharang (T 178).

  4. Mar 24, 2022 · Maturity Calculator for LIC Jeevan Umang Plan (Table No: 845) illustrates year-wise paid premium, risk cover amounts, yearly survival benefits (Pension) & maturity amount on completion of policy term.

  5. LIC Jeevan Umang Surrender Value (845 & 945) Jeevan Umang Policy can be surrendered and become eligible for Guaranteed Surrender Value (GSV) if, all due premium for, first 3 years in case of table 845 and first 2 years in case of table 945 are paid.

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  7. LIC Jeevan Umang is a whole-life policy in which one gets a life cover till 100 years or one is alive. Vested simple reversionary bonus and final additional bonus is paid on maturity. Premium paying term is less than the policy term. Policy term is calculated by the equation (100 – insured’s entry age)