In the ever-evolving world of financial planning, life insurance holds the fort as a non-negotiable pillar, ensuring peace of mind and financial security for families. Among the myriad of options available, LIC’s Jeevan Utsav emerges as a beacon of hope, offering comprehensive coverage combined with attractive benefits. Let’s unravel the layers of this policy and understand why it stands out as a prudent choice in 2024.
LIC’s Jeevan Utsav is not just any life insurance policy; it’s a whole life insurance plan designed to offer financial support to your family in the unfortunate event of your demise while providing survival benefits if you outlive the policy term. This blend of security and benefits, including guaranteed additions and flexible premium-paying terms, makes it a holistic financial planning tool.
Eligibility Criteria of LIC Jeevan Utsav 871
Criteria | Minimum | Maximum |
---|---|---|
Entry Age | 90 Days | 65 Years |
Premium Ceasing Age | – | 75 Years |
Premium Paying Term | 5 Years | 16 Years |
Basic Sum Assured | Rs. 5 Lakhs | No Limit |
Opt for additional coverage through various riders like the LIC Accidental Death and Disability Rider Benefit and others for a comprehensive safety net.
As we delve into the intricacies of financial planning, the significance of life insurance, particularly LIC’s Jeevan Utsav, cannot be overstated. It’s a testament to LIC’s commitment to providing financial security and flexibility to its policyholders. Whether it’s the comprehensive coverage, the survival benefits, or the added layer of protection through riders, Jeevan Utsav stands as a solid foundation for your financial future.
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Incorporating LIC Jeevan Utsav into your financial plan is not just about ensuring financial security for your loved ones; it’s about creating a legacy and achieving long-term financial goals. With its comprehensive coverage, flexible options, and growth potential, LIC Jeevan Utsav is a cornerstone policy for those seeking to build a robust financial foundation.
As we navigate life’s uncertainties, having a solid financial plan in place provides not just security but also peace of mind. Life insurance, particularly a well-rounded policy like LIC Jeevan Utsav, is pivotal in this planning process. By understanding its features, aligning it with your financial objectives, and leveraging professional advice, you can make an informed decision that ensures financial well-being for you and your family, today and in the future.
CIBIL Score is a three-digit numeric summary of your credit history. The score is derived using the credit history found in the CIBIL Report (also known as CIR i.e Credit Information Report).
A CIR is an individual’s credit payment history across loan types and credit institutions over a period of time
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