LIC Jeevan Umang Policy: Invest just Rs 1,302 per month to get Rs 28 lakh

The lowest age to purchase this coverage is 90 days, with a maximum age of 55 years depending on the plan.

New Delhi: The Life Insurance Corporation of India (LIC) regularly introduces new insurance products in response to customer demand. Jeevan Umang is a whole-life insurance plan offered by LIC. It gives the insured and those who rely on him or her financial security and income protection. Annual survival benefits after the end of the premium-paying term until maturity, as well as a lump sum payment, are among the various benefits it guarantees.

Minimum and Maximum age for LIC Jeevan Umang

-The lowest age to purchase this coverage is 90 days, with a maximum age of 55 years depending on the plan. As a result, parents choose this policy for their newborn since it offers higher returns as they grow older. There is no upper limit on the minimum sum assured, which is Rs 2 lakh. Also Read: Amazon Great Indian Festival Finale Days: Best Diwali 2021 deals