LIC Jeevan Umang Policy Life Insurance Riders

You can also further enhance the benefits of LIC Jeevan Umang Plan with different riders. Here are some of the rider\'s options available in LIC Jeevan Umang Plan:

• LIC Accidental Death and Disability Rider Benefit: If during the policy, the policyholder dies or faces any kind of disability, then the accidental death and disability rider can be extremely useful.
• LIC Accidental Benefit Rider: The LIC Accidental Benefit Rider can only be added if the remaining premium paying term is of 5 years.
• LIC New Term Assurance Rider: The LIC New Term Assurance Rider is one that can be added as soon as you have bought the LIC Jeevan Umang Plan. A benefit of the sum assured is offered to the beneficiary if the policyholder dies.
• LIC New Critical Illness Rider: The LIC New Critical Illness Rider is offered as an add-on if the policyholder is diagnosed with any of the critical illnesses listed under the policy. With this rider, policyholders can enjoy financial independence if they are diagnosed with any of the 15 listed critical illnesses.
• LIC Premium Waiver Benefit: The LIC Premium Waiver Rider is one that makes the premium waived off if the policyholder dies during the term. This rider is beneficial if the policyholder is a parent and the beneficiary is a child. In this case, the child will be free from paying the premium if this rider is added.