LIC Jeevan Utsav (Single)
One-Time Investment for: Mr. Ramesh (Age: 1) [cite: 874, 875, 876]
"For Many Secured Tomorrows" [cite: 920]
How the Plan Works [cite: 891]
Single Premium Convenience
Lifelong protection and guaranteed income from a single, one-time investment. [cite: 879, 881, 925]
Guaranteed Additions (GA)
₹40 per ₹1,000 Sum Assured added every year during the 16-year GA period. [cite: 878, 894, 895, 911, 912]
Lifetime Regular Income
Receive 10% of the Sum Assured every year as regular income for life after the GA period. [cite: 880, 896, 927]
Sovereign Trust
Backed by LIC Act 1956 with a 98.62% Claim Settlement Ratio. [cite: 882, 888, 889]
Growth & Lifetime Benefit Projection
| Policy Year | Age | Cumulative GA | Normal Life Cover | Cash Value | Returns (Income) |
|---|---|---|---|---|---|
| 1 | 1 | ₹40,000 | ₹6,99,438 | ₹4,66,448 | - |
| 10 | 10 | ₹4,00,000 | ₹14,00,000 | ₹9,05,902 | - |
| 16 | 16 | ₹6,40,000 | ₹16,40,000 | ₹14,13,382 | - |
| 18 | 18 | ₹6,40,000 | ₹26,40,000 | ₹14,16,102 | ₹1,00,000 |
| 50 | 50 | ₹6,40,000 | ₹26,40,000 | ₹14,86,502 | ₹1,00,000 |
| 99 | 99 | ₹6,40,000 | ₹16,40,000 | ₹16,40,000 | ₹22,80,000 |
*Figures are based on a Sum Assured of ₹10,00,000. Maturity benefit at age 100 is higher of SA or 1.25x Premium + GA. [cite: 900, 928, 931, 932, 933]
Plan Flexibility & Tax
Loan & Surrender
Loan and surrender facilities are available throughout the policy term. [cite: 898]
Optional Riders
Enhance protection with Accidental Death & Disability and Term Riders. [cite: 898]
Tax Efficiency
Tax benefits are applicable subject to prevailing income tax conditions. [cite: 899]
Disclaimer: Premium shown is indicative. Benefits are guaranteed as per plan conditions. Please read the sales brochure carefully. [cite: 934, 935, 936, 937]