Official-document-based plan guide

LIC Jeevan Utsav

Long-duration life cover designed around protection and legacy needs.

What this plan is

Long-duration life cover designed around protection and legacy needs.

This page explains the purchase and benefit flow in plain language. The insurer-issued document remains the authority for eligibility, premium tables, exclusions, charges, surrender and claims.

Entry ageSee the eligibility table in the attached official document

Maturity / renewal ageDepends on the chosen option; see the official document

Policy termChoose only from the terms offered in the official document

Premium-paying termFlexibility to choose Premium Paying Term from 5 Years to

Minimum cover / premiumSee the minimum cover/premium table in the official document

Minimum incomeNo fixed public minimum-income figure found; financial eligibility is assessed by the insurer

Premium amountCalculated from your age, options and insurer assessment

Verification date04 Sep 2026

Premium-paying process

How the plan works

Use this four-step illustration to understand the flow; it is not a premium quote or benefit illustration.

Choose long-term cover

Start with the benefit you need, not the advertised premium.

Pay for the chosen term

Select only options that appear in the current official document.

Receive stated living benefits

Keep every due payment on time and retain policy records.

Nominee receives death benefit

The actual payout follows the policy wording and accepted claim.

Premium reminder: The final premium can change after underwriting. Read the insurer's personalised benefit illustration and policy schedule before accepting the proposal.

Benefit outcome

What you or your family may receive

Long-duration cover

Cover is designed to continue for the stated whole-life or long-duration period while the policy remains in force.

Living benefits

Income, survival benefits or additions are paid only if included in the selected option and subject to the policy schedule.

Death benefit

The nominee receives the contractual death benefit. Check how earlier income or withdrawals affect the amount, if at all.

Source documents

Official insurer document

LIC Jeevan Utsav

Official sales brochure is attached locally. Use the latest insurer-issued version if the insurer replaces this edition.

Download Official sales brochure Open official insurer source ↗

Source: LIC official website. Verified 04 Sep 2026. Underpitch has not altered the attached insurer PDF.