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People still trust the scheme of the Life Insurance Corporation of India (LIC). Its Jeevan Utsav Plan is a complete life insurance policy, which can provide long-term financial security and lifelong income. This scheme is a non-linked and non-participating plan, it is specially designed for those who want flexibility in premium payment and are looking for stable income for the future. This plan not only provides life security but can also become a reliable source of income, giving mental and financial peace to the policyholder throughout life.

When was it started

Let us tell you that the LIC Jeevan Utsav Plan was launched on 29 November 2023. This plan offers a great combination of guaranteed returns, lifetime regular income, and a flexi premium option. It is the best for those who want long-term financial security. In this, the policyholder not only gets risk cover for life, but also gets regular income after the stipulated time.

When can you start investing?
The LIC Jeevan Utsav policy is available for a person from 90 days old to 65 years old. In this plan, a premium has to be paid for at least 5 years, and the maximum payment period can be up to 16 years. In this plan, the insurance cover starts from Rs 5 lakh, and the upper limit is not fixed. This is the reason why it is considered an excellent option for long-term planning and a secure future.

Along with this, policyholders also get a special benefit every year. Yes, during the entire period of premium payment, at the end of every policy year, a guaranteed additional amount is received for every ₹ 1,000 of the basic sum assured. That is, the higher the sum assured, the more can be received as a bonus every year. This guaranteed additional amount not only keeps increasing the value of your policy over time. but also

What is the whole game of interest?
The specialty of the LIC Jeevan Utsav plan is that after the completion of the premium payment period, the policyholder gets two options – fixed income or flexi income. So if you choose the fixed income option

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