LIC Jeevan Umang Policy: Great news has come for people who are worried about retirement. If you are also thinking about planning your retirement, then this news can be special for you. LIC has launched the LIC Jeevan Umang Policy to remove your retirement worries.

Under this scheme, you get special facilities due to which you do not have to wait for any age to invest in it. In this, you can start investing from the birth of the child. In this policy, you can get 40000 rupees by investing 45 rupees.

Rules of LIC’s Jeevan Umang Policy

If you invest in LIC’s Jeevan Umang Policy from the age of 15, you have to invest till the age of 40. You can invest in this scheme annually, half-yearly, or quarterly. If you invest even 41 rupees daily, then you invest 15298 rupees annually.

When you turn 25, you are entitled to Rs 3333 per month. This policy takes at least 25 years to mature.

Things to know

If you have decided to invest in LIC’s Jeevan Umang policy, then it is mandatory to be below 40 years of age. Under this scheme, you must also have insurance of up to Rs 2 lakh.

At the age of 40, you become entitled to a pension. LIC’s Jeevan Umang policy takes away all your worries about retirement.