What is Whole Life Insurance? | LIC Jeevan Umang 945 Explained in Hindi | LIC INSURE |

Whole life insurance is a type of permanent life insurance, which means the insured person is covered for the duration of their life as long as premiums are paid on time.
LIC’s Jeevan Umang (Plan No. 945) is a non-linked, participating, individual, whole-life assurance plan that covers the policyholder till s/he turns 100 years of age. The limited premium paying plan provides guaranteed annual survival benefits at the end of the premium paying term till maturity. Also, the policyholder gets a lump sum payment at maturity. In case of the policyholder's unfortunate demise during the active policy, the nominee gets a cash payout as the death benefits.

As a participating plan, LIC Jeevan Umang qualifies for the Simple Reversionary Bonus and a final Addition Bonus (if applicable). These assured benefits act as an income source that safeguards your family's future in case of any emergency.

This plan is still available for sale today, so you can consider LIC New Jeevan Amar Plan to secure your family's financial future.

Watch this video for complete information

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Time Collaps:
00:00 - Introduction
00:26 - What is Whole Life Insurance
02:55 - Intro of Jeevan Umang 945
03:25 - Unique Selling Point
04:47 - Eligibility Condition & Features
08:01 - Other Optional Benefit
10:34 - Optional Rider Benefit
10:44 - Example of Survival & Maturity Benefits
15:19 - Example of Death Benefit
17:03 - Plan Presentation Chart
21:29 - Thanks for Watching

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In this channel, I made videos on the topic related to insurance, insurance is very important in life, this insurance protects your family when you are not with them.

And if we look at the time today, the human body is in the grip of many diseases, and even a sudden accident happens and our family people bear it all.

So get term insurance and life insurance done as soon as earlier.