Lifetime Coverage: As long as the premiums are paid, the policy remains in force until the insured individual passes away. This ensures that the beneficiaries will receive a death benefit whenever the insured dies, regardless of age.

Cash Value Accumulation: One distinguishing feature of whole life plans is that they have a cash value component. A portion of the premiums paid goes towards building up a cash value that grows over time on a tax-deferred basis. This cash value can be accessed or borrowed against during the policyholder's lifetime for various purposes, such as emergencies or retirement planning.

Fixed Premiums: Whole life insurance typically has fixed premiums that do not increase over time. Premiums are usually higher than those for term life insurance because they not only provide a death benefit but also contribute to the cash value component of the policy.

Death Benefit: When the insured individual passes away, the policy pays out a death benefit to the designated beneficiaries. The death benefit is generally income tax-free and can be used to cover funeral expenses, pay off debts, provide income replacement, or serve any other financial needs of the beneficiaries.

Jeevan Umang Plan

Jeevan Umang Plan (945) 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 sum payment at the time of maturity or on death of the policyholder during the policy term.
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New Jeevan Anand Plan

New Jeevan Anand(915) Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lump sum at the end of the selected policy term in case of his or her survival.
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