LIC Jeevan Umang policy term can be reduced?
LIC Jeevan Umang plan 945 is one of the best plans from the LIC of India Life Insurance Company. LIC Jeevan Umang plan has four premium terms. They are 15 years term, 20 years, 25 years and 30 years. The idea is to give LIC Jeevan Umang policy from 90 days of the child’s birth. The maximum entry age is 55 years.
The highlight of this plan is a non-taxable, lifetime, Pension with Life Insurance cover. The lowest term of the plan is 15 years. The term cannot be reduced further.
LIC Jeevan Umang policy will be the best investment as a gift to your loved ones. This plan will give tax-free returns for a lifetime to your loved ones. Buy the LIC Jeevan Umang plan as a gift to your grandchildren/ children etc.