Palm Tree
Palm Tree

Unlocking Lifetime Income: A Comprehensive Guide to LIC Jeevan Utsav Plan 871

Explore LIC's latest offering, the Jeevan Utsav Plan 871, a limited premium, whole life insurance plan promising financial security and lifelong income.

Introduction to LIC's New Horizon

Discover the convenience of acquiring LIC Jeevan Utsav Plan 871 both offline through licensed agents, brokers, and online directly via the official LIC website.

Purchase Options Unveiled

Understand the premium paying terms ranging from 5 to 16 years, offering flexibility tailored to individual financial goals.

Premium Flexibility

Delve into the details of guaranteed additions, accruing Rs 40 per thousand Basic Sum Assured annually throughout the premium paying term.

Guaranteed Additions

On survival after the premium paying term, policyholders can choose between Regular Income Benefit or Flexi Income Benefit, providing financial flexibility.

Survival Benefit Choices

Uncover the comprehensive death benefits ensuring financial protection for loved ones, with payouts not less than 105% of total premiums paid.

Death Benefit Safeguards

Explore the unique Flexi Income Benefit option, allowing policyholders to accumulate and withdraw 10% of the Basic Sum Assured with added interest.

Flexi Income Benefit Explained

Understand the plan's distinctive feature of continuous income benefits, making it stand out from traditional maturity benefits.

Maturity Benefit Insights

Learn about the five optional riders, including Accidental Death and Disability Benefit, Accident Benefit, New Term Assurance Rider, New Critical Illness Benefit Rider, and Premium Waiver Benefit Rider.

Optional Riders for Enhanced Protection

Get insights into the underwriting decisions, including a minimum Basic Sum Assured of Rs 5,00,000 and maximum subject to underwriting approval.

Underwriting Policy Considerations