LIC Jeevan Utsav Plan 2025 has created a buzz among policyholders looking for guaranteed lifetime income and strong financial protection. This new whole-life insurance plan from the Life Insurance Corporation of India (LIC) combines security, savings, and regular income—making it one of the most attractive policies in recent times.
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🌟 What is LIC Jeevan Utsav?
LIC Jeevan Utsav is a non-linked, non-participating whole-life insurance plan. That means it’s not dependent on market performance and doesn’t rely on LIC’s annual bonuses. It’s designed to provide you with a steady, guaranteed income for life after a limited premium-paying period.
The plan is available for anyone looking for long-term stability, retirement income, or lifelong protection for their family.
💰 Key Highlights of LIC Jeevan Utsav Plan 2025
- Pay Premium for Just 5 to 16 Years – Choose a term that suits your budget and goals.
- Lifetime Coverage – Get protection up to age 100.
- Guaranteed Additions – ₹40 per ₹1,000 Sum Assured every year during the premium-paying term.
- Two Income Options:
- Regular Income – Receive 10% of Sum Assured annually after the premium term ends.
- Flexi Income – Choose when to withdraw your income; it accumulates with interest (approx. 5.5% p.a.).
- Loan Facility – Available after two years of premium payments.
- Tax Benefits – Premiums and benefits qualify under Sections 80C and 10(10D).
- Riders Available – Add accident, disability, and term assurance riders for extra safety.
🧮 Example Calculation
Suppose you choose a ₹20 lakh Sum Assured with a 10-year premium term.
After completing premium payments, you could receive ₹2 lakh every year for life, starting immediately or after a short deferment (depending on your chosen option).
That’s equivalent to a ₹20,000 monthly income — lifelong!
🧍 Who Should Buy LIC Jeevan Utsav?
This plan is ideal for:
✅ Salaried individuals planning for retirement income
✅ Parents wanting lifelong financial stability
✅ Business owners looking for safe, guaranteed returns
✅ Anyone who prefers assured benefits over market-linked risks
⚠️ Important Points to Remember
- Early surrender may lead to lower returns.
- It’s not a market investment plan; focus is on stability and lifetime coverage.
- For higher coverage and returns, combine it with a Term Plan or SIP investments.
🎯 Final Verdict
LIC Jeevan Utsav is one of LIC’s most practical plans for 2025. It brings the best of both worlds — assured lifelong income and strong protection. For those who want peace of mind after retirement or guaranteed returns without risk, this plan is a smart choice.
