LIC — Life Insurance Corporation of IndiaVinod & Ankita PrajapatiLIC Insurance Advisors

LIC Jeevan Labh

Limited-premium endowment with attractive returns and a maturity lump sum.

About this plan

Follow us : LIC India Forever | IRDAI Regn No.: 512 Call Centre Services (022) 6827 6827 Download LIC Mobile App 8976862090 ‘Hi’ Say Our WhatsApp No. LIC/P1/2024-25/18/Eng /SB Plan No.: 736 UIN No.: 512N304V03 LIC’s JEEVAN LABH () (A Par, Non-Linked, Life, Individual Savings Plan) LIC’s Jeevan Labh is a Par, Non-Linked, Life, Individual, Savings plan which offers an attractive combination of protection and savings features. This combination provides financial support for the family of the deceased policyholder 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.…

Key features

  • The plan provides for protection and savings.
  • Limited premium payment.
  • Flexibility to - Choose the premium payment frequency as per convenience. - Choose the period for which protection is required – 16, 21 and 25 years. - Opt for payment of benefit in instalments.
  • Option to enhance coverage by opting for Rider

Plan chart — eligibility

Policy Term/Premium Paying Term
(16/10), (21/15) & (25/16) years
Minimum Age at entry
[8] years (completed)
Maximum Age at entry
[59] years (nearer birthday) for Policy Term 16 years [54] years (nearer birthday) for Policy Term 21 years & [50] years (nearer birthday) for Policy Term 25 years
Maximum Maturity Age
[75] years (nearer birthday)
Minimum Basic Sum Assured
Rs. 2,00,000
Maximum Basic Sum Assured
No Limit (The Basic Sum Assured shall be in multiple of amounts specified below: Basic Sum Assured Range Sum Assured multiple From Rs. 2,00,000/- to Rs. 4,50,000/- Rs. 10,000/-…

Figures are indicative and summarised from the official LIC brochure. Please refer to the PDF or contact us for exact, up-to-date terms.

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