Wednesday, July 8, 2026
HomeIndiaLIC of India introduces new plan “LIC’s JEEVAN UTSAV SINGLE PREMIUM (Plan...

LIC of India introduces new plan “LIC’s JEEVAN UTSAV SINGLE PREMIUM (Plan No. 883)”

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The CEO & MD of LIC of India, Shri R. Doraiswamy launched a new plan, LIC’s Jeevan Utsav Single Premium on 6.1.2026. LIC’s Jeevan Utsav Single Premium is a Non Par, Non-Linked,Individual, Savings, Whole Life Insurance plan. It is a Single Premium plan with accrual ofGuaranteed Additions during the Guaranteed Additions period. The Unique Identification Number(UIN) for LIC’s Jeevan Utsav Single Premium Plan is 512N392V01.LIC’s Jeevan Utsav Single Premium gives Guaranteed Life Long income and Life Long Risk Cover. The salient features of the plan are as under: This plan is available for ages starting from 30 days to 65 years. The minimum Basic Sum Assured is ₹ 500,000. While there is no upper limit, the maximumBasic Sum Assured allowed to each individual will be subject to underwriting decision as perthe Board Approved Underwriting Policy.  Guaranteed Additions shall accrue @ of ₹ 40 per thousand Basic Sum Assured at the end of each policy year during the Guaranteed Addition Period.

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