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Aadhaar and PAN Linking Form of LIC of India

Dear friends,

As per the guidelines issued by the IRDA, the Aadhaar is must to link with your Policy. We hereby Providing the form for linking your Aadhaar and PAN with your policy with Life Insurance Corporation of India (LICI).

Aadhaar PAN linking Form


Jeevan Utkarsh (Plan 846)

LIC’s Jeevan Utkarsh plan 846 is a single premium, non-linked, with-profits, savings cum protection plan wherein the risk cover is ten times of Tabular Single Premium.
LIC's Jeevan Utkarsh Plan 846 will be launched on 6th September 2017. This policy will be available to purchase for 270 days only.

Premium Payment Mode of LIC's Jeevan Utkarsh: Single Premium
Term LIC's Jeevan Utkarsh:12 Year
Minimum Age at Entry LIC's Jeevan Utkarsh :6 years.
Maximum Age at Entry LIC's Jeevan Utkarsh :47 years.

Policy Benefits :

Death Benefits of LIC's Jeevan Utkarsh Plan 846
On death during first five policy years:
Before the date of commencement of risk: Refund of single premium excluding service tax and extra premium, if any, without interest.
After the date of commencement of risk:
Basic Sum assured i.e. 10 times the tabular single premium shall be payable.

On death after completion of five policy years but before the stipulated Date of Maturity:

Basic Sum assured i.e. 10 times the tabular single premium along with Loyalty Addition, if any, shall be payable.

Maturity benefits of LIC's Jeevan Utkarsh Plan 846
At Maturity Time :On the Life Assured surviving to the end of the policy term, the Maturity Sum Assured along with Loyalty Addition, if any, shall be payable

Surrendered Value :
The policy can be surrendered at any time during the policy term subject to realization of the premium cheque.

Loan :

Loan facility shall be available under the plan at any time during the policy term after three months of the policy issuance.
Income Tax Benefits under the LIC's Jeevan Utkarsh Plan :

• Premium paid under this plan is eligible for Tax rebate under section 80C.
• Maturity under this plan is Tax free under section 10(10D).

Jeevan Umang (Plan-845)

Product Summary :
LIC's Jeevan Umang Plan (845) is a non-linked, with-profits whole life assurance plan.This plan provides for annual survival benefits from the end of the premium paying term till maturity and lump sumpayment at the time of maturity or on death of the policyholder during the policy term.

Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(ECS)

Term :
[100 - age entry] Year 

PPT* :
15 year
20 year
25 year
30 year


Minimum Entry Age :
[90]days (completed)

Maximum Entry Age :
55 years (Nearest Birthday) for PPT = 15
50 years (Nearest Birthday) for PPT = 20
45 years (Nearest Birthday) for PPT = 25
40 years (Nearest Birthday) for PPT = 30


Minimum age at the end of the PPT : [30]years(Nearest Birthday)

Maximum age at the end of the PPT : [70]years(Nearest Birthday)

Age at Maturity : [100]years(Nearest Birthday)

Minimum Sum Assured :
2,00,000

Maximum Sum Assured :
NO LIMIT (Depending upon Income)

Maximum Accidental Death and Disability Benefit Rider up to age 70.

Maximum Accidental Benefit Rider shall be available during the ppt only.

Policy Benefits :

On Death :
On death before the commencement of Risk:
  An amount equal to the total amount of premium/s paid without intrest shall be payable

On death after commencement of Risk: 'Sum Assured on Death'+vested simple reversionary Bonus + FAB if any.

Where 'Sum Assured on Death' is defined as the highest of

Basic Sum-Assured,OR
10 times of Annualized Premium, OR
105%of all Premiums paid as on death

On Survival :
On survival 8% of Basic Sum Assured shall be payable each year

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided atleast three full years premiums have been paid.

Loan :
Loan Facillity is available under this plan, after payment of premiums for at least 3 full years.

Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).