whole life
LIC's Jeevan Umang
Plan 745UIN 512N312V03
A whole-life plan currently listed on LIC's official product index.
- Plan type: Whole Life
- Plan number: 745
whole life
LIC's Jeevan Utsav
Plan 771UIN 512N363V02
LIC's Jeevan Utsav is a current whole life product listed on the official LIC India product index.
At a glance
Key highlights
Plan type
whole life
Plan number
771
Who should consider this plan?
lifelong protection, long term savings
Eligibility and policy information
| premium Paying Term | • Flexibility to choose Premium Paying Term from 5 Years to |
|---|---|
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly |
| Loan available | Yes |
| Surrender available | No |
Benefits and riders
Death benefit
On death of the Life Assured after the date of commencement of risk, Death Benefit equal to “Sum Assured on Death” along with accrued Guaranteed Additions shall be payable, provided the policy is in-force. This Death Benefit shall not be less than 105% of total premiums paid up to the date of death. “Sum Assured on Death” is defined as higher of ‘Basic Sum Assured’ or ‘7 times of Annualized Premium’. Where, i.“Annualized Premium” shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any. ii. “Total Premiums Paid” means total of all the premiums received, excluding any extra premium, any rider premium and taxes if collected explicitly. However, in case of minor Life Assured, whose age at entry is below 8 years on death b
Maturity benefit
Maturity benefit is not available under this plan. D. Guaranteed Additions: Under an inforce policy, the Guaranteed Additions shall accrue at the rate of Rs. 40 per thousand Basic Sum Assured at the end of each policy year during the Premium Paying Term. There shall be no further accrual of Guaranteed Additions after Premium Paying Term. In case the premiums are not duly paid, the Guaranteed Additions shall cease to accrue under a policy. Under an inforce policy on death of Life Assured during the Premium Paying Term, the Guaranteed Addition in the year of death shall be payable for full policy year. In case of surrender of an inforce policy during the Premium Paying Term, the Guaranteed Additions for the policy year in which the policy is surrendered will be added on proportionate basis in proportion 7 to the completed months for the Pol
Survival benefit
s in the form of Regular Income Benefit or Flexi Income Benefit as per the option chosen for surviving policyholder. LIC’s Jeevan Utsav is a non-par product under which benefits payable on death or survival are guaranteed and fixed irrespective of actual experience. Hence the policy is not entitled to discretionary benefits like bonus etc. or share in Surplus. This Plan can be purchased Offline through Licensed agents, Corporate agents, Brokers, Insurance Marketing Firms as well as Online directly through website www.licindia.in. However, it is not available for sale through Point of Sales Persons-Life Insurance (POSP-LI) / Common Public Service Centers (CPSC- SPV). KEY FEATURES: • Whole life insurance with limited premium payment • Two options available at inception to choose the benefit under the plan o Option I - Regular Income Benefit
Official documents
Product source on the Official LIC Website (opens in a new tab)
Important disclaimer
Please refer to the official LIC brochure and policy document for complete terms, conditions, exclusions and current availability.
Last verified: 2026-08-01
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whole life
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Plan 883UIN 512N392V01
LIC's Jeevan Utsav Single Premium is a current whole life product listed on the official LIC India product index.
- Plan type: whole life
- Plan number: 883