![LIC Jeevan Utsav: New Life Insurance Plan Launched with Lifetime Guaranteed Returns LIC Jeevan Utsav: New Life Insurance Plan Launched with Lifetime Guaranteed Returns](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWlyivaNh0r9CHwA4rtvL4EJlMKmd5cyotvNkBi_GUZkUhPuj_i5E0FHmLfQDCtMH-bv_9Imkz2-1GQqCB36WynCyo9PlzPr2oxI2KQAw_JVzidQInFJAaD48LM0vf_4dFT3qlI-dXJiY7tIOzZcvSg8xuaKWSZUm3EV9xXFNCnSNIFttzdy3iv8eL7ZlQ/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(5).png)
- Here are some key details about the plan:
- Type of Plan: Jeevan Utsav is a non-linked, non-participating, individual, savings, whole life insurance plan.
- Premium Paying Term: This policy has a limited premium paying term of 5 to 16 years.
- Sum Assured: The minimum basic sum assured is Rs. 5,00,000. There is no limit on the maximum basic sum assured.
- Returns: The plan offers lifetime guaranteed returns. After maturity, the policyholder will get 10 percent of the sum assured life long.
- Benefits: Based on the selected Premium Paying Term (Regular Income to Flexi Income), 10% of the Sum Assured is paid back annually after the specified years.
- Availability: The plan can be purchased offline through licensed agents, corporate agents, brokers, insurance marketing firms as well as online directly through the LIC website.
Question:
Q.1 What type of plan is LIC’s Jeevan Utsav?a. Linked, Participating, Group, Investment, Term Insurance Plan
b. Non-Linked, Non-Participating, Individual, Savings, Whole Life Insurance Plan
c. Linked, Participating, Individual, Investment, Whole Life Insurance Plan
d. Non-Linked, Participating, Group, Savings, Term Insurance Plan