Jeevan Umang Jeevan Labh

Withdrawable: Anytime after 16 Years On 16th Year Compulsory Remarks

Annual Pension if not Withdrawn
Insurance Coverage:
Term of Payment
Term of Payment
Payout:
Cash Back:
Double Accidental Bonus
Loan Against Policy
In case not withdrawn
Yes @ 8% annually
(With incremental withdrawal).
First Year (66,87,500/-)
increasing upto 1,06,25000/-.
Can be paid for three years only
and still avail benefits of all
bonuses.
i.e. No need to pay full term.
Can be paid for any term
between 3 to 15 years.
1,00,82,160/-
18-20% (90000-1,00,000)
In case of accidental death
double amount of the insured
amount is receivable. Rider is
considered while preparing the
plan.
Same in both the Policies.
Life Coverage till 100 years with
incremental sum insured and
incremental return.
No Pension or Increment.
Fixed 60,00,000/-.
Compulsorily to be paid for 10
years. If not paid for full term
the benefit of bonuses will
lapse and return will be only
at the rate nearby savings
interest.
Compulsory for 10 years.
1,02,78,000/-
12-13% (60,000-65000)
Rider is not considered while
preparing the plan.
Same in Both Policies.
Life Coverage only till 15
years.
In future if you plan to take an
insurance of 40,00,000/- it will cost
around 12000/- or more per year
which will sum to more than 2 lac in
total of premium for 20 years.
If we want to be free of burden and
want a proportionate return of our
invested amount we can prefer
Umang in total the benefits are way
more in Umang compared to Labh.
Fixed Return is higher in Jeevan Labh
in 16th year.
Additional 35-40K whose
compounding is also to be considered
if put in 8% non-taxable sums to
1,70,000/- on maturity.
If that rider is added an amount of
minimum Rs.1500 per annum gets
increased in the premium.