✨ Key Features of LIC Jeevan Utsav Plan 871 Calculator

• Guaranteed Additions: ₹40 per ₹1,000 Basic Sum Assured every year during premium payment term.
• Choose between Regular Income (10% of Sum Assured annually) or Flexi Income with 5.5% interest on deferred benefits.
• Death benefit includes guaranteed additions & 105% of total premiums paid.
• Loan facility available after 2 full premium years.
• Optional Riders: Accidental, Term Assurance, Critical Illness, Premium Waiver, etc.
• Non-linked, non-participating plan – simple and guaranteed.

💡 What Makes Jeevan Utsav LIC Jeevan Utsav Plan 871 Unique?

Designed for savings + lifelong coverage, Jeevan Utsav offers unmatched income flexibility and rider protection.

• Regular Income: 10% payout annually after premium term ends.
• Flexi Income: Deferred income option with 5.5% p.a. compounded returns.
• Guaranteed Additions: Boost policy value over time.
• Liquidity: Loans available post 2 years.
• High Sum Assured Rebate: Reward for choosing higher coverage.

📋 Survival Benefits of LIC Jeevan Utsav Plan 871 ?

Premium Term	Income Start Year
5–8 years	11th policy year
9 years	12th policy year
10 years	13th policy year
11 years	14th policy year
12 years	15th policy year
13 years	16th policy year
14 years	17th policy year
15 years	18th policy year
16 years	19th policy year

⚰️ Death Benefits

• 105% of total premiums paid + accrued guaranteed additions.
• For minors (under 8), premiums refunded if death occurs before risk starts.

🎯 Eligibility Criteria

• Age at Entry: 90 days to 65 years
• Premium Paying Term: 5 to 16 years
• Minimum Sum Assured: ₹5,00,000
• Maximum Sum Assured: No limit (subject to underwriting)
• Loan Available: After 2 years of full premium payment

🛡️ Optional Riders (Add-Ons)

• Accidental Death & Disability Rider
• Accident Benefit Rider
• New Term Assurance Rider
• Critical Illness Rider (15 illnesses covered)
• Premium Waiver Rider

❓ FAQs of LIC Jeevan Utsav Plan 871

Q: Can I pay premiums online?
Yes, via UPI, cards, NEFT, net banking, etc.

Q: Is there a grace period for payment?
30 days (Quarterly/Half-Yearly/Yearly), 15 days (Monthly).

Q: Can I revive a lapsed policy?
Yes, as per LIC terms and campaigns.

Q: What is Free-look cancellation?
Cancel within 30 days if you’re unsatisfied.

Q: Can I take a loan on this policy?
Yes, after 2 full years of premium payment.

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