Archive · 22 Jun 2025
LIC Jeevan Utsav: A Secure Way to Earn Monthly Income
Imagine you want to have money coming in every month for the rest of your life, like a steady paycheck.
The LIC Jeevan Utsav plan helps you do that!
You pay money for a set time, like 5 to 16 years.
After that, LIC starts giving you money every year until you are 100 years old.
The amount is 10% of the amount you chose to be insured for each year, and it could be up to ₹2.5 lakh.
If something happens to you, your family gets money too.
It can also help you save on taxes and borrow money if you need to.
LIC Jeevan Utsav offers lifelong income after a limited premium-paying term.
Choose a premium payment period between 5 to 16 years.
Annual income is 10% of the sum assured, up to ₹2.5 lakh.
Minimum sum assured is ₹5 lakh, with eligibility from 90 days to 65 years.
Provides tax savings, a loan facility, and a death benefit.
- Who
- Offered to individuals aged 90 days to 65 years.
- What
- A life insurance plan providing lifelong income.
- When
- Income starts after a waiting period, based on the premium term.
- Where
- Offered by Life Insurance Corporation of India.
- Why
- To provide financial security and a steady income stream during retirement.
- Plan Name
- LIC Jeevan Utsav
- Premium Term
- 5 to 16 years
- Income Amount
- 10% of sum assured annually
- Sum Assured (Minimum)
- ₹5 lakh
- Eligibility Age
- 90 days to 65 years
- Income Options
- Regular or Flexi