Products
JEEVAN LAKSHYA
LIC’s Jeevan Lakshya is a Non-linked, Participating, Individual, Life
Assurance 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. This plan also takes care of liquidity needs through its loan
facility.
LIC’s Yuva Term
LIC’s Yuva Term (UIN: 512N355V01)
(A Non-Par, Non-linked, Life, Individual, Pure Risk Plan)
LIC’s Yuva Term is a Non-Par, Non-Linked, Life, Individual, Pure Risk Plan,
which provides financial protection to the insured’s family in case of his/her
unfortunate death during the policy term.
This is a non-par product under which benefits payable on death are
guaranteed and fixed irrespective of actual experience. Hence the
policy is not entitled to any discretionary benefits like bonus etc. or share in
Surplus.
This Plan can be purchased Offline through Licensed agents, Corporate
agents, Brokers and Insurance Marketing Firms
LIC JEEVAN SHANTI
LIC’s New Jeevan Shanti is a Non-Linked, Non-Participating, Individual, Single
Premium, Deferred Annuity plan wherein the Policyholder has an option to
choose between Single life and Joint life Deferred annuity The annuity rates are
guaranteed at the inception of the policy and annuities are payable post
deferment period throughout the life time of Annuitant(s).
This is a non-participating product under which benefits payable on death or
survival are guaranteed and fixed (as per the chosen Annuity Option) irrespective
of actual experience. Hence the policy is not entitled to any discretionary
benefits like bonus etc. or share in Surplus.
This plan can be purchased offline through agents/ other intermediaries as well
as online directly through website
LIC JEEVAN LABH
LIC’s Jeevan Labh is a limited premium, non-linked, and with-profits endowment plan. It offers financial protection against death throughout the policy term and a lump sum at maturity. The plan is a mix of insurance and savings, ensuring security for the policyholder’s family in case of unfortunate events while also providing maturity benefits if the policyholder survives the term. It also offers loan facilities for financial liquidity. The policy comes with tax benefits under sections 80C and 10(10D) of the Income Tax Act. Jeevan Labh is suitable for long-term financial goals like children’s
LIC ENDOWMENT PLAN
LIC’s New Endowment Plan is a Non-linked, Participating, Individual, Life Assurance 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
LIC MONEY BACK PLAN
LIC’s New Endowment Plan is a Non-linked, Participating, Individual, Life Assurance 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
