LIC Jeevan Umang: Life Insurance Corporation of India (LIC) is the largest insurance company in the country. LIC has crores of policyholders across the country.

The specialty of LIC is that it keeps on launching schemes from time to time for every section of the people of the country.

If you want a fixed income even in your old age, then you can invest in the company’s Jeevan Umang Scheme. Let us tell you about this special scheme of LIC.

Will Get Benefits Till the Age of 100 Years

The special thing about Jeevan Umang policy is that in this you get the benefit of the policy till the age of 100 years.

If you want to get a pension of 36,000 thousand rupees annually by investing very less, then you must invest in Jeevan Umang scheme.

Tax Benefits Available on Investment

If the investor is a salaried person and pays income tax, then he gets a rebate of up to Rs 1.5 lakh under Section 80C of Income Tax.

In Jeevan Umang policy, the investor gets a sum assured of Rs 2 lakh. It is very important to know that you can buy this scheme for 15 years, 20 years, 25 years and 30 years. By investing in Jeevan Umang, you are eligible for both pension and insurance.

Will Get Pension of Rs 36000

In Jeevan Umang scheme, you get fixed income every year after that for whatever period you buy the plan as per your requirement.