Endowment Plans
A regular premium with profit plan which provides for applicable sum assured along with accrued bonuses on maturity or on earlier death of life assured.
1. New Endowment Plan 814
New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 100,000
Maximum Basic Sum Assured: No Limit
(The Basic Sum Assured shall be in multiples of Rs. 5000/-)
Age at entry: 8-55 years
Maximum Maturity Age: 75 years (nearest birthday)
Premium Term: 12- 35 years
Payment of Premiums: Mly, Qly, Hly, Yly
2. Jeevan Anand Plan 815
​​
This is a unique with profit plan which combines the features of Endowment and Whole life plan. On death during the policy term or on survival to the end of the policy term, the applicable sum assured is payable along with the accrued bonuses. On death after the expiry of the policy term, sum assured payable.
​
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 100,000
Maximum Basic Sum Assured: No Limit
(The Basic Sum Assured shall be in multiples of Rs. 5000/-)
Age at entry: 18-50 years
Maximum Maturity Age: 75 years (nearest birthday)
Premium Term: 15- 35 years
Payment of Premiums: Mly, Qly, Hly, Yly
3. Jeevan Rakshak Plan 827
​
LIC's Jeevan Rakshak Plan is a participating non-linked plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder.
​​
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 75,000
Maximum Basic Sum Assured: 200,000
(The Basic Sum Assured shall be in multiples of Rs. 5000/-)
Age at entry: 8-55 years
Maximum Maturity Age: 70 years (nearest birthday)
Premium Term: 10-20 years
Payment of Premiums: Mly, Qly, Hly, Yly
4. Jeevan Lakshya Plan 833
​
LIC's Jeevan Lakshya is a participating non-linked plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder.
​
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 1,00,000
Maximum Basic Sum Assured: No Limit
(The Basic Sum Assured shall be in multiples of Rs. 10,000/-)
Age at entry: 18-50 years
Maximum Maturity Age: 65 years (nearest birthday)
Policy Term: 13-25 years
Premium Term: : (Policy Term – 3) years
Payment of Premiums: Mly, Qly, Hly, Yly
5. Jeevan Labh Plan 836
​
LIC's Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder.
​
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 200,000
Maximum Basic Sum Assured: No Limit
(The Basic Sum Assured shall be in multiples of Rs. 10,000/-)
Age at entry: 8, 59/16, 54/21, 50/25 years
Maximum Maturity Age: 75 years (nearest birthday)
Premium Term and Premium PT: 16/10, 21/15, 25/16 years
Payment of Premiums: Mly, Qly, Hly, Yly
6. Jeevan Pragati Plan 838
​​​
LIC's Jeevan Pragati Plan is a non-linked, with - profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every five years during the term of the policy. In addition, this plan also takes care of liquidity needs through loan facility.
​
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 1,50,000
Maximum Basic Sum Assured: No Limit
(The Basic Sum Assured shall be in multiples of Rs. 10,000/-)
Age at entry: 12-45 years
Maximum Maturity Age: 65 years (nearest birthday)
Premium Term: 12- 20 years
Payment of Premiums: Mly, Qly, Hly, Yly
7. ​​​Aadhaar Stambh Plan 843
LIC's Aadhaar Stambh Plan is a non-linked, with - profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every five years during the term of the policy. In addition, this plan also takes care of liquidity needs through loan facility.
​
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 75,000
Maximum Basic Sum Assured: 3,00,000
(The Basic Sum Assured shall be in multiples of Rs. 5,000/-)
Age at entry: 8-55 years
Maximum Maturity Age: 70 years (nearest birthday)
Premium Term: 10- 20 years
Payment of Premiums: Mly, Qly, Hly, Yly
7. ​​​
LIC's Jeevan Pragati Plan is a non-linked, with - profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every five years during the term of the policy. In addition, this plan also takes care of liquidity needs through loan facility.
​
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 1,50,000
Maximum Basic Sum Assured: No Limit
(The Basic Sum Assured shall be in multiples of Rs. 10,000/-)
Age at entry: 12-45 years
Maximum Maturity Age: 65 years (nearest birthday)
Premium Term: 12- 35 years
Payment of Premiums: Mly, Qly, Hly, Yly
7. ​​​
LIC's Jeevan Pragati Plan is a non-linked, with - profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every five years during the term of the policy. In addition, this plan also takes care of liquidity needs through loan facility.
​
Eligibility Conditions:
Minimum Basic Sum Assured: Rs. 1,50,000
Maximum Basic Sum Assured: No Limit
(The Basic Sum Assured shall be in multiples of Rs. 10,000/-)
Age at entry: 12-45 years
Maximum Maturity Age: 65 years (nearest birthday)
Premium Term: 12- 35 years
Payment of Premiums: Mly, Qly, Hly, Yly