1. Ideal for planning your child's career goals
2. Moderate premiums
3. Multiple premium payment frequency to choose from
4. Premium Discount available for higher Sum Assured (SA).
5. Premium Waiver option to ensure that the planned benefits will be paid to the child – with or without you.
6. Life Cover to the extent of 125% of Sum Assured + Bonus + Final Additional Bonus (as applicable)
7. Survival Benefit: Option to take 5%, 10% or 15% of sum assured as survival benefit every year from 20 to 24 years of child's age
8. Maturity Benefit:Sum Assured (or Balance SA, if SB is chosen) + Bonus + Final Additional Bonus as applicable, will be paid on completion of 25 years of age
9. Loan is available any time after 2 policy years (after 1 years incase Premium paying term is less than 10 years)
10. Policy can be back dated.
11. Premium Paid is TAX EXEMPTED u/s 80 C
12. All returns from the policy are TAX FREE u/s 10 (10) (D)
13. Free lookup period for 15 days

1. Limited Premium Plan
2. Unique in-built Family Income Benefit
3. Range of term to choose from to meet specific need.
4. Options to choose Premium payment frequency.
5. Term Assurance Rider Accidental Death and Disability Benefit Rider available for enhanced protection.
6. Income tax savings on PAID PREMIUMS
7. With Profit plan with Reversionary Bonus and FAB
8. Customize Tax Free maturity.
9. Risk cover to life assured.
10. Loan is available after 3 full years premium payment
11. Maturity Benefit: Basic Sum Assured Vested bonus Final Addition Bonus
12. Family Income Benefit: 10% of Basic Sum Assured every year on policy anniversary after the date of death till maturity
13. On the maturity due date: An Absolute amount equal to 110% Of Basic Sum Assured Vested bonus Final Addition Bonus

1. Ideal for planning your child's financial goals
2. Moderate premiums
3. Multiple premium payment frequency to choose from
4. Life Cover to the extent of Sum Assured + Bonus + Final Additional Bonus (As applicable)
5. For life assured below 8 years age life cover will start, on completion of 2 policy years OR 8 years of age - whichever is early
6. Survival benefit: An amount equal20% of SA will be paid on each policy anniversary on completion of 18, 20 & 22 years of age
7. Maturity benefit: 40% of SA+ Bonus + Final Additional Bonus (as applicable) will be paid on completion of term
8. Loan is Available any time after 2 policy years
9. Policy can be back dated within the same financial year to match an important event of your child
10. Premium Paid is TAX EXEMPTED u/s 80 C
11. All returns from the policy are TAX FREE u/s 10 (10) (D)
12. Free lookup period for 15 days

LIC's New Jeevan Nidhi is a conventional with profits pension plan.
Life Cover: Death during first five policy years
Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee/ legal heir at the then prevailing immediate annuity rates.
Death after first five policy years:
Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition, Vested Simple Reversionary Bonuses and Final Additional Bonus, if any,shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee/legal heir at the then prevailing immediate annuity rates.
Benefit on vesting:
Provided the policy is in full force, on vesting, an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, Vested Simple Reversionary Bonuses And final Additional Bonus,if any shall be made available to the Life Assured.
Option available to Life Assured for utilization of the benefit amount:
The following options shall be available to the Life Assured for utilization of the benefit amount on vesting/ surrender.
To purchase an immediate Annuity:
The Life Assured shall have a choice to commute the amount available on vesting/ surrender to the extent allowed under Income Tax Act. The entire amount available on vesting/ surrender or the balance amount after communication, as the case may be, shall be utilized to purchase immediate annuity at the then prevailing annuity rates. Communication shall only be allowed provided the balance amount is insufficient to purchase a minimum amount of annuity as per the provisions of section 4 of Insurance Act, 1938.
In case the total benefit amount is sufficient to purchase the minimum amount of annuity, then the said amount shall be paid as a lump sum to the Life Assured.
To purchase a new single premium deferred pension product from LIC
Under this option the entire proceeds available on vesting/ surrender shall be utilized to purchase a new single premium deferred pension product provided the policy holder satisfies the eligibility criteria for purchasing single premium deferred pension product.
The Life Assured will have to intimate his/her intention on to go for a particular option available on the date of vesting at least six months prior to the date of vesting or at the time of surrender.

Options of Annuities to choose from:


1. Immediate Annuity per annum payable for the remainder of life.
2. Immediate Annuity per annum payable for 5 years certain so long thereafter as the annuitant may be alive.
3. Immediate annuity per annum payable for 10 years certain and so long thereafter as the annuitant may be alive.
4. Immediate Annuity per annum payable for 15 years certain and so long thereafter as the annuitant may be alive.
5. Immediate Annuity per annum payable for 20 years certain and so long thereafter as the annuitant may be alive.
6. Immediate Annuity per annum payable for life with return of purchase price on death of the annuitant.
7. Immediate Annuity increasing at 3% per annum (simple) payable for life.
8. Immediate Annuity for life with a provision for 50 % of the annuity to the spouse on death of the annuitant.
9. Immediate Annuity for life with a provision for 100 % of the annuity to the spouse on death of the annuitant.
10. Annuity for life with a provision for 100% annuity payable to spouse on death of annuitant with return of purchase price on death of the last survivor.

Plan & Benefits


1. This is a single premium plan wherein the Policyholder has an option to choose an Immediate or Deferred annuity.
2. The annuity rates are guaranteed at the inception of the policy for both Immediate and Deferred Annuity and annuities are payable throughout the life time of Annuitant(s).
3. Immediate annuity per annum payable for 10 years certain and so long thereafter as the annuitant may be alive.
4. This plan can be purchased offline as well as online. To purchase the plan online, please log on to our website www.licindia.in
5. Make one time investment and get Guaranteed life long income.
6. 9 different annuity options to choose from to suit every need and circumstance.
7. Option to choose either Immediate Annuity or postpone it to a future date as Deferred Annuity.
8. Annuity rates are guaranteed from inception of the policy.
9. Guaranteed additions during deferment period.
10. This policy can be taken on own life or as joint life with grandparent, parent, children, grandchildren, spouse or siblings.
11. Loan Available: Loan facility shall be available after completion of 1 policy year.
12. Surrender Allowed: The policy can be surrendered at anytime after three months from the completion of policy when Annuity Option is with return of purchase price.
13. Free look Period: If the Policyholder is not satisfied with the “Terms and Conditions” of the policy, the policy may be returned to the Corporation within 15days.
14. Option to take the plan for the benefit of handicapped dependant (Divyangjan) life

1. Ideal for planning your child's financial goals
2. Moderate premiums
3. Multiple premium payment frequency to choose from
4. Life Cover to the extent of Sum Assured + Bonus + Final Additional Bonus (As applicable)
5. For life assured below 8 years age life cover will start, on completion of 2 policy years OR 8 years of age - whichever is early
6. Survival benefit: An amount equal20% of SA will be paid on each policy anniversary on completion of 18, 20 & 22 years of age
7. Maturity benefit: 40% of SA+ Bonus + Final Additional Bonus (as applicable) will be paid on completion of term
8. Loan is Available any time after 2 policy years
9. Policy can be back dated within the same financial year to match an important event of your child
10. Premium Paid is TAX EXEMPTED u/s 80 C
11. All returns from the policy are TAX FREE u/s 10 (10) (D)
12. Free lookup period for 15 days

1. Ideal for planning your child's financial goals
2. Moderate premiums
3. Multiple premium payment frequency to choose from
4. Life Cover to the extent of Sum Assured + Bonus + Final Additional Bonus (As applicable)
5. For life assured below 8 years age life cover will start, on completion of 2 policy years OR 8 years of age - whichever is early
6. Survival benefit: An amount equal20% of SA will be paid on each policy anniversary on completion of 18, 20 & 22 years of age
7. Maturity benefit: 40% of SA+ Bonus + Final Additional Bonus (as applicable) will be paid on completion of term
8. Loan is Available any time after 2 policy years
9. Policy can be back dated within the same financial year to match an important event of your child
10. Premium Paid is TAX EXEMPTED u/s 80 C
11. All returns from the policy are TAX FREE u/s 10 (10) (D)
12. Free lookup period for 15 days

1. Jeevan Pragati is a regular premium payment Endowment Insurance Non Linked With Profit Plan.
2. This plan is available with an optional rider to provide better protection to policyholder
3. Best suited for the person aged between 12 years to 45 years.
4. Maturity Benefit - At the end of policy term policyholder will get Basic Sum Assured with Total vested reversionary bonus and Final Additional Bonus (as applicable)
5. Its biggest advantage over and above the all other available life insurance products in market is INCREASING DEATH SUM ASSURED. Up to 15 year term natural death sum assured will be increased by 25% to 50% In interval of every 5 years.
6. Loan Facility - Allowed (After 3 Full years premium payment) will be 90% of Surrender value for inforce policies and 80% for paid-up policies.
7. Tax Benefits- Policy holder can avail income tax benefit u/s 80C of I.T. Act for the premiums paid and all maturity proceeds will be Tax free u/s 10(10D) of I.T. Act.

1. LIC's Jeevan Labh is a Limited Premium Payment Endowment Insurance Plan.
2. The Main Feature of this plan is, the payment of premiums is limited to a term shorter than the policy (Limited Premium Payment -LPP). The maturity amount is payable at the end of the policy term, or on the death of the policy holder whichever is earlier.
3. Maturity Benefit under Jeevan Labh : Sum Assured + Bonus + Final Additional Bonus (As applicable).
4. Death Benefit under Jeevan Labh : The policyholder's nominee will receive, Sum Assured + Bonus + Final Additional Bonus (As applicable).
5. Optional riders like Term insurance rider (TR) & ADADB (Accidental Death And Disability Benefit ) are available.
6. Loan facility is available under this plan, after payment of premiums for at least 3 full years subject to conditions: Maximum loan for inforce policy-90% of surrender value and for paid up policies 80% of surrender value.

1. A Limited premium paying conventional With-Profits Endowment Assurance plan.
2. Maturity Benefit: Basic Sum Assured + Vested Bonus + Final Additional Bonus.
3. Death Benefit: "Sum Assured on Death" + Vested Bonuses + Final Additional Bonus.
   “Sum Assured On Death” is defined as the higher of 10 times of annualized Premium or 125% of the Basic Sum Assured.

1. It’s a regular premium paying Non-linked with profits, Endowment Assurance Plan
2. This plan shall be available to standard lives only under non-medical limit and the total sum assured under all the policies issued to an individual under this plan shall not exceed Rs. 2 lacs.

Benefits :


3. Benefits payable on death:On death of the Life Assured during the policy term “ Sum Assured on death“ shall be payable, which is the highest of Basic Sum Assured or 10 times of annualized premium; or 105 % of all the premiums paid as on date of death
4. Benefits payable on Maturity :On Survival to the end of the policy term Basic Sum Assured along with Loyalty Addition, if any, shall be payable.
5. Participation in profits :Provided the policy is in full force, then depending upon the corporation’s experience the policies under this plan will be eligible for Loyalty Addition. The Loyalty Addition if any, is payable at such rate and on such terms as may be declared by the corporation on death after completion of 5th policy year or on policyholder surviving to the maturity.

1. New Jeevan Anand is a With Profits Assurance Plan
2. It's a non linked plan which offers an attractive combination of Protection + Savings
3. Maturity Benefit : Basic sum assured + Vested Simple Reversionary Bonuses + Final Additional Bonuses
4. Death Benefit :During the policy “Sum Assured on Death” + Vested Simple Reversionary Bonuses + Final Additional Bonuses
5. After expiry of policy term : Basic Sum Assured
6. Loan : Available after payment of 3 full years premiums.

1. Single Premium cialis coupons with Profit Endowment Plan.
2. Benefits Payable on death: On death of the Life Assured on or after the Commencement of Risk Sum Assured along with vested Simple reversionary bonuses and final additional bonus, if any, shall be payable.
3. On death of the Life Assured before the Commencement of Risk Return of single premium excluding taxes and extra premium, if any, without interest.
4. Maturity Benefits: Sum Assured + Simple Reversionary Bonus + Final Additional Bonus.
5. Guaranteed Surrender Value: 1st Year 70% of Single Premium excluding taxes and extra premium.
6. Thereafter: 90% of Single Premium excluding taxes and extra premium.
7. Special Surrender Value: Discounted Value of sum assured and vested Simple Reversionary bonuses.
8. Loan available after completion of one year.

1. A conventional with profits Endowment Assurance Plan.
2. Maturity Benefits: Basic Sum Assured along with Vested Simple Reversionary Bonuses and final Additional Bonus, if any.
3. Death Benefits: Sum Assured on death along with Vested Simple Reversionary Bonuses and final Additional Bonuses, if any.
4. The death benefit as defined above shall not be less than 105% of total premium paid as on the date of death.
5. Optional Rider: Accidental Death & Disability Rider by payment of additional premium.
6. Loan facility is available, after payment of premiums for at least 3 full years.

1. Exclusive endowment insurance plan specially designed for FEMALE lives without any medical test.
2. Ideal for Regular Savings & Life Cover.
3. Lowest premium in its category.
4. Discount in Premium for Higher Sum Assured
5. Life Cover to the extent of 110 % of Basic Sum Assured + Loyalty Addition (as applicable)
6. Auto Cover - Life Cover continues for 2 years even if the premiums are in arrears.
7. Loan Available after 2 Years.
8. On Maturity, Sum Assured + Loyalty Addition (as applicable) will be paid.
9. Can be easily aligned with your family objective with its wide choice of term.
10. Policy commencement can be backdated
11. Double Accidental Death Benefit is also available
12. Premium Paid are eligible for tax savings u/s 80 C
13. Maturity Amount is Tax Free u/s 10 (10) (D).

1. Exclusive endowment insurance plan specially designed for MALE lives without any medical test.
2. Ideal for Regular Savings & Life Cover.
3. Lowest premium in its category.
4. Discount in Premium for Higher Sum Assured
5. Life Cover to the extent Basic Sum Assured + Loyalty Addition (as applicable)
6. Auto Cover - Life Cover continues for 2 years even if the premiums are in arrears.
7. Loan Available after 2 Years.
8. On Maturity, Sum Assured + Loyalty Addition (as applicable) will be paid.
9. Can be easily aligned with your family objective with its wide choice of term.
10. Policy commencement can be backdated
11. Double Accidental Death Benefit is also available
12. Premium Paid are eligible for tax savings u/s 80 C
13. Maturity Amount is Tax Free u/s 10 (10) (D).

1. Jeevan Utkarsh Plan Launched by LIC of India is available only for limited period
2. It is the best plan suited for gifting
3. In this plan, the policy holder gets the additional life cover of 25% of Sum Assured without paying any extra cost
4. The policy holder gets the Sum Assured along with Loyalty Bonus at the time of Maturity
5. In this Plan, the Loan is available after the completion of 3 Months
6. The policy holder has an option of taking the Maturity Benefit in instalments.
7. LIC also gives the discount in premium in case the sum assured is more than 5 Lacs
8. The policy can also be back-dated within the same financial year
9. There is an additional benefit of Accidental Death and Disability available under this plan.
10. The policy holder will get the tax benefit u/s 80C and 10 (10D)

1. LIC's New Money Back Plan 20 years is a non-linked with profit limited premium payment plan.
2. Maturity Benefit:40% of the basic Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any.
3. Death Benefit: Sum Assured on death along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any.
4. The death benefit as defined above shall not be less than 105% of total premiums paid as on the date of death.
5. Survival Benefits: In case of Life Assured surviving to the end of the specified durations 20% of the Basic Sum Assured at the end of each of 5th, 10th & 15th policy year.
6. Optional Benefit: Accidental Death & Disability Benefit Rider.
7. Loan Available after payment of 3 full years premiums.

1. A non linked with profits limited premium payment plan.
2. Maturity Benefit: 40% of the Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any.
3. Death Benefit: Sum Assured on death along with Vested Simple Reversionary Bonuses and final Additional Bonus, if any.
4. The death benefit as defined above shall not be less than 105% of total premiums paid as on the date of death.
5. Survival Benefits: In case of Life Assured surviving to the end of the specified durations 15% of the Basic Sum Assured at the end of each of 5th, 10th, 15th & 20th policy year.
6. Optional Benefit: Accidental Death & Disability Benefit Rider.
7. Loan facility is available under this plan after the policy acquires paid-up value.

1. Convenience: One time investment – Single Premium Plan.
2. Maturity Benefit: Single premium paid along with Loyalty Addition Less Taxes and Extra Premium, if any.
3. Death Claim Benefit: First 5 years: Sum Assured shall be payable.
4. After Completion of 5 years: Sum Assured And Loyalty Additions, if any shall be payable.
5. Liquidity: Loan facility available after completion of 1 policy year.

1. Ideal plan for High Net Worth Individuals with Limited Payment Option
2. Offers guaranteed 25% Additional Life cover without any cost
3. Also guaranteed Customized Payouts at regular Intervals
4. 5-5.5% Bonus is Guaranteed by LIC
5. Loyalty Bonus is also payable on Maturity along with Sum Assured
6. In-built Critical Illness Benefit Covering 15 Major Illnesses
7. Option of taking Maturity & Death Benefit in installments
8. Back-dating Facility Available
9. Tax Benefit on Premiums paid u/s 80C & 10(10D)
10. Optional Additional Life Cover & Accidental Death Benefits

1. Limited Payment Optionn
2. Guaranteed 25% Additional Life cover without any cost
3. Guaranteed Customized Payouts at regular Intervals
4. 5 – 5.5% Bonus is Guaranteed by LIC
5. Loyalty Bonus is also payable on Maturity along with Sum Assured
6. Option of taking Maturity & Death Benefit in instalments
7. Loan is also available
8. Avail Tax Benefits u/s 80C & 10(10D)
9. Adiitional Benefits: This plan also offers add on benefits like Additional Life Cover, Accidental Death & Disability Benefit, Critical Illness Cover & Premium Waiver Benefit

1. It's a regular premium paying conventional without profit pure protection plan.
2. A protection plan which provides financial protection to the insured family in case of his/her unfortunate demise.
3. Death Benefit: In case of unfortunate death of the Life Assured during the policy term, Sum Assured shall be payable.
4. Maturity Benefit: On survival to the end of policy term, no benefits shall be payable.

1. It's a regular premium paying conventional without profit pure protection plan
2. A protection plan which provides financial protection to the insured family in case of his/her unfortunate demise.
3. Death Benefit: In case of unfortunate death of the Life Assured during the policy term, sum assured shall be payable.
4. Maturity Benefit: On survival to the end of the policy term, no benefits shall be payable.

1. Jeevan Arogya is a unique non-participating non-linked plan.
2. It gives valuable financial protection in case of hospitalisation, surgery etc.
3. Increasing Health cover every year.
4. Lump sum benefit irrespective of actual medical costs.
5. No claim benefit.
6. Flexible benefit limit to choose from.
7. Flexible premium payment options.
8. Hospital cash benefit (HCB)
9. Major Surgical Benefit (MSB)
10. Day Care Procedure Benefit
11. Other Surgical Benefit
12. Ambulance Benefit
13. Premium waiver Benefit (PWB)

1. The customer has the option of choosing the Sum Insured. The Sum Insured can be fixed, or it can be increased by 10% every year for first 5 years.
2. Early Stage Cancer: 25% of the applicable Sum Insured shall be payable lumpsum. The premiums for next 3 policy years shall be waived off.
3. Major Stage Cancer: On the diagnosis of specified Major Stage Cancer, 100% of applicable Sum Insured shall be payable. This benefit cannot be more than of 100% of applicable Sum Insured. So, you will get only 75% of the applicable Sum Insured in case you have already claimed the 25% of Applicable Sum Insured under Early Stage Cancer.
4. Income Benefit: In addition to the above benefit, Income Benefit of 1% of Applicable Sum Insured shall be payable every month following the lumpsum payment under Major Stage Cancer Benefit. This is the fixed Income benefit which is payable monthly for next 10 Years irrespective of the survival of Life Assured.
5. Premium Waiver Benefit: All the Future premiums will be waived off on the diagnosis of specified Major Stage Cancer.
6. Waiting Period: A waiting period of 180 day will apply from the date of commencement of this policy or from the date of revival. This would mean that no benefit would be paid in case any kind of cancer is diagnosed within 180 Days.
7. Premium Guaranteed for 5 Years: The premiums are guaranteed for a period of 5 years from the date of issuance of this policy. LIC reserves the right to revise the premium after 5 policy years
8. Tax Benefit: Premium paid under this plan is eligible for tax benefit u/s 80D of Income Tax Act.

1. A unit linked assurance plan, offering investment-cum-insurance during the term of the policy..
2. This Plan allows policyholder to decide the amount of premium he/she can pay. There is a option to choose from 4 funds for investment Bond Fund, Secured Fund, Balanced Fund 5 and Growth Fund
3. Death Benefits : In the event of death of life assured before the date of maturity, the sum payable would be Upto age 8 years of the Life Assured OR before completion of 2 policy years An amount equal to the Policyholder’s fund value immediately on the date of receipt of the intimation of death with death certificate.
4. Age 8 years and above of the Life Assured OR after completion of 2 policy years An amount equal to the higher of Basic sum assured (i.e. higher of 10 X Annualized Premium or 105% of total premiums paid); or Policyholder’s Fund Value.
5. Optional Double Accidental Death Benefit rider up to Rs.1 Crore. It can be availed by just paying Rs.40 per Lac.
6. Maturity Benefits on completion of policy term: An amount equal to the policyholder’s fund value shall be payable. This amount can either be taken at once or in installments as chosen.