Are you looking for a life insurance plan that gives guaranteed money every year and takes care of your family too? Then the new LIC Jeevan Utsav Plan might be perfect for you!
📋 What is LIC Jeevan Utsav Plan?
LIC Jeevan Utsav (Plan No. 871) is a non-linked, non-participating, individual savings plan. It means:
- You don’t lose money if the stock market goes up or down.
- You get guaranteed income every year after a certain time.
- Your family gets money if something happens to you.
This plan gives both life cover and yearly money (called Guaranteed Income).
🎯 Key Features of LIC Jeevan Utsav
- ✅ Lifetime yearly income after premium paying term.
- ✅ You only pay premiums for a few years (you can choose).
- ✅ Your family gets a large sum if anything happens to you.
- ✅ Option to get lump sum payout or regular income.
- ✅ Extra protection options like accident cover and disability rider.
💸 Payout Options: Choose What You Like!
LIC Jeevan Utsav gives you 2 choices for how you get your money:
1️⃣ Regular Income Benefit
You get guaranteed money every year after the premium term ends – for your whole life!
Example: If you pay premiums for 10 years, you start getting income from 11th year – every year, forever!
2️⃣ Flexi Income Benefit
You can collect the yearly income and take all money together later (with extra interest). It’s like saving it with LIC.
📆 Who Can Buy This Plan?
| Criteria | Details |
|---|---|
| Age to Start | 18 to 65 years old |
| Minimum Policy Term | Premium Term + 1 year |
| Premium Paying Term | 5 to 16 years (your choice) |
| Minimum Sum Assured | ₹5,00,000 |
📦 What Benefits Will You Get?
✔️ Guaranteed Life Cover
If something happens to you, your family will get a big amount (Sum Assured on Death).
✔️ Yearly Money for Life
After premium term, LIC gives you fixed money every year – for the rest of your life!
✔️ Maturity Benefit
Under the Flexi option, you can take your saved income later with extra earnings.
📄 Documents Needed
- Aadhaar Card
- PAN Card
- Address Proof
- Age Proof
- Recent Photo
- Bank Details
💼 Who Should Buy LIC Jeevan Utsav?
This plan is great for:
- ✅ People planning for retirement income
- ✅ Parents who want lifetime support for children
- ✅ Anyone who wants guaranteed, risk-free yearly income
⚠️ Important Things to Know
- There is no loan available under this policy.
- No bonus is added (non-participating plan).
- Surrender & withdrawal allowed after certain time.
📢 Final Thoughts
LIC Jeevan Utsav is a smart, safe, and simple plan for people who want guaranteed income and life security. You only pay for a few years but get benefits your whole life!
Thinking long-term? Want peace of mind? This policy might be your perfect partner.
Got questions? Comment below, and we’ll help you out!
If this helped you, please share it with your friends and family. Let them know about this new LIC plan!
