Children's future planning

LIC Savings Plans | Endowment & Jeevan Umang

New Endowment Plan

Jeevan Umang

LIC's New Endowment Plan (Plan No. 914)

"A traditional savings plan with guaranteed returns and life cover!"

This participating endowment plan is ideal for those who want:

✓ Guaranteed sum assured plus bonuses at maturity

✓ Flexible policy term from 12 to 35 years

✓ Simple reversionary bonuses declared annually

✓ Tax benefits under Section 80C and 10(10D)

Calculate your maturity benefits based on different scenarios:

New Endowment Plan Calculator

Sum Assured (₹)

Policyholder Age

Policy Term (Years)

Bonus Rate (per ₹1000 SA)

Expected Final Bonus (₹)

Projected Benefits

Year	Description	Amount (₹)
Total Premiums Paid
Maturity Benefit
Death Benefit
Effective Annual Return (XIRR)

Note: Bonuses are declared annually and may vary. Death benefit is higher of Sum Assured or 10 times annual premium.

LIC's Jeevan Umang Plan (Plan No. 845)

"A whole life plan with guaranteed income for lifetime after maturity!"

This participating plan offers:

✓ Annual income of 8% of Sum Assured after maturity till death

✓ Lump sum payment on survival to maturity (40% of SA)

✓ Death benefit anytime during policy term or thereafter

✓ Bonus accumulation throughout the policy term

Calculate your lifetime income and benefits:

Jeevan Umang Calculator

Sum Assured (₹)

Policyholder Age

Policy Term (Years)

Bonus Rate (per ₹1000 SA)

Project Income For (Years after maturity)

Projected Benefits

Year	Benefit Type	Amount (₹)
Total Premiums Paid
Total Lifetime Income
Death Benefit (Year 1)
Effective Annual Return (XIRR)

Note: Bonuses are declared annually and may vary. Death benefit includes Sum Assured + accrued bonuses.

Need Help Choosing the Right Plan?

Our LIC-certified advisors can help you select the best policy for your needs:

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