Jeevan Umang Plan is a  limited premium, non-linked, with profits Whole Life Insurance Plan. Jeevan Umang plan provides annual Survival Benefits from the end of Premium Paying Term (PPT) till Maturity (Age of 100 years) or earlier death.

Jeevan Umang Plan No. 945 Features & Conditions:

Minimum age at entry: 90 days Completed
Premium Paying Term (PPT) & Maximum age at entry –
Premium Paying Term (PPT) – 15 Yrs 20 Yrs 25 Yrs 30Yrs
Age (Nearer Birthday) – 55 Yrs 50 Yrs 45 Yrs 40Yrs
Age at Maturity: 100 years (Nearer Birthday)
Policy Term: 100 minus Age at Entry
Minimum Age at end of PPT: 30 years (Nearer Birthday)
Maximum Age at end of PPT: 70 years (Nearer Birthday)
Minimum Sum assured : 2,00,000/-
Maximum Sum Assured.: No limit

Available Riders:

1. LIC’s Accidental Death and Disability Benefit Rider (Upto Age 70) OR Accident Benefit Rider Upto Premium Paying Term (PPT).

2. Term Rider Upto 35 Yrs term OR Age 75 whichever is earlier.

3. Critical Illness Rider Upto 35 Yrs term OR Age 75 whichever is earlier.

4. Premium Waiver Benefit Rider (PWB Rider ) — Available Up to Age 25 of Children

Payment Mode of Premium: 

Yearly mode, Half-Yearly mode , Quarterly & Monthly mode ( SSS & NACH)

Rebates: 

Mode Rebate: Yearly: 2%, Half Yearly: 1 %

Grace Period: 

15 Days grace period for monthly premium payment mode and 30 days grace period for other payment modes.

Claim Concessions: 

Available under Base Plan only.

Paid-up Value of policy: 

Available after payment of premium of Two full years.

Surrender: 

Available after payment of premium of Two full years.

Policy Loan Benefits: 

Available after payment of premium of Two full years.

Revivals: 

Within 5 years of First Unpaid Premium (FUP)

Back Dating: 

Allowed with lean Month’s benefits.

Proposal Form: 

Form 300, 340 or Form 360

Tax Benefits:

On Premium Payments : Deduction under Section 80C

Maturity Amount: Exempt u/s 10(10D)

Death claim : Exempt u/s 10(10D)

Survival Benefits: Exempt u/s 10(10D)

All Jeevan Umang Plan No. 945 Details with example are available in Video. Please check the Video given Below.


DATE OF COMMENCEMENT OF RISK:

For age at entry less than 8 years: One day before completion of 2 years from Date of Commencement (DOC) or one day before Policy Anniversary after completion of the age of 8 years, whichever is earlier.

For age at entry 8 years (Last Birthday) or more: Risk will commence immediately.

SUM ASSURED ON DEATH: Basic Sum assured

DEATH BENEFIT:

Before Risk Commencement: Refund of Premiums paid Excluding GST & Extra

After Risk Commencement: Sum Assured on Death + Vested Bonus + FAB if any.

Take Death Benefit in Installments for 5 or 10 or 15 years: This benefit can be exercised by the Life assured for full or part payment of death benefits.

SURVIVAL BENEFIT:

8% of Basic Sum assured – From the end of Premium Paying Term (PPT) till Maturity or earlier death.

MATURITY BENEFIT:

Basic Sum assured + Vested Bonus (During & After PPT) + FAB if any.


Non -Medical Schemes: All Allowed.

Age Proofs: All Allowed.

Female Lives: All Allowed.

Minor lives/Major Students:

Max rated up S.A. inclusive of all plans 2crore & Standard Minor lives only. S.A. beyond 2crore / substandard minor lives at ZUS/CUS only with MM’s recommendation. Standard Age proof is a must.

Keyman/Partnership/Employer-Employee: Allowed only under Employer-Employee

With Term, CI or PWB Rider: Underwriting Rules of Term, CI  or PWB Rider will be applicable.

Example

Chapter 1
In this first lesson, your instructor provides an introduction to the course. This complete course is Covered in 3 Modules for easy understanding.
Chapter 2
In this lesson, we will learn how you can download software to make whiteboard animation videos. Attachment added📌
Chapter 3
In this lesson, we will learn how you can Install software to make whiteboard animation videos.
Chapter 4

In this lesson, we will learn how you can download software for Audio editing. Attachment added📌

Chapter 5
In this lesson, we will learn how you can Install software for Audio editing.
Chapter 6
In this lesson, we will learn how to record audio directly into your mobile and I also talk about which Mic you can use under 1000 Rs for Audio recording. Attachment added📌
Chapter 7
In this lesson, we will learn How to remove noise from audio and How to cut useless parts from audio to make better audio for videos.
Chapter 8
In this lesson, we will learn How to find trending unlimited video Topics using different websites available on the Internet.
Chapter 9
In this lesson, we will learn how to download Royalty Free Images so that we can use them in Whiteboard Animation videos.
Chapter 10
In this lesson, we’ll look at how to log in, How to create a project, the flow of the project screen, how to add audio, how to save projects, and how to customize your default settings
Chapter 11

In this lesson, we learn how to add and customize text, and how to change text size, color, and Style.
Also, we will learn

  • How to add animation effects to your Text.
  • How to change Hand animation
  • How to change the background
Chapter 12

In this lesson, we will learn how to create a complete video using a Poem audio sound with text animation. Also, we will learn

  • Adding Audio – Background Change
  • How to duplicate text
  • Setting texts according to audio
  • Adding text animation effect
  • Change text Speed
  • How to pause animation
  • Creating different scenes
  • How to export video in MP4 from the project.

Attachment added📌

Chapter 13
This is the complete Poem animated video that we created in our previous lesson.
Chapter 14

In this lesson, we will learn how to Add Videos in animation and GIFs to make our video more attractive. Also, we will learn

  • Adding Video as background
  • Adding multiple videos
  • Adding TEXT on Video
  • How to add animated GIF
Chapter 15

In this lesson, we will learn how to Add images in animation to make our video more attractive.
Also, we will learn

  • How to flip images
  • How to animate images
  • How to add effect to images
  • Using images of software
Chapter 16
In this lesson, we will learn How to use Animation Slides in videos that are already available on software and how to make changes in slides. Also, we will learn – How to add multiple slides
Chapter 17
In this lesson, we will learn How to Create a Motivation story using Images and Text. Attachment added📌
Chapter 18
This is the complete Motivational story animated video that we created in our previous lesson.
Chapter 19
This is the project overview that you have to create for practice. Attachment added📌
Chapter 20
In this video I have shown a project in which you can check how you can also create long project using multiple scenes.
Chapter 21
In this lesson, we will learn how to make a youtube channel and what to change in the default settings.
Chapter 22
In this lesson, we will learn how to upload videos on the youtube channel that we have created.