Jeevan Utkarsh Plan Launched by LIC of India is available only for limited period
It is the best plan suited for gifting
In this plan, the policy holder gets the additional life cover of 25% of Sum Assured without paying any extra cost
The policy holder gets the Sum Assured along with Loyalty Bonus at the time of Maturity
In this Plan, the Loan is available after the completion of 3 Months
The policy holder has an option of taking the Maturity Benefit in instalments.
LIC also gives the discount in premium in case the sum assured is more than 5 Lacs
The policy can also be back-dated within the same financial year
There is an additional benefit of Accidental Death and Disability available under this plan.
The policy holder will get the tax benefit u/s 80C and 10 (10D)