Life Insurance

Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

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Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

LIC – Endowment Plans

New Endowment Plan - 914

LIC’s New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features.

New Jeevan Anand - 915

LIC’s New Jeevan Anand Plan is a participating non-linked plan which offers an attractive combination of protection and savings.

NEW BIMA BACHAT - 916

LIC’s New Bima Bachat is a participating non-linked savings cum protection plan, where the premium is paid in a lump sum at the outset of the policy.

Single Premium Endowment - 917

LIC’s Single Premium Endowment Plan is a non-linked, participating, individual, life assurance savings plan.

Jeevan Lakshya - 933

LIC’s Jeevan Lakshya is a non-linked, participating, individual, life assurance savings plan.

Jeevan Labh - 936

LIC’s Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings.

Aadhaar Stambh - 943

LIC’s Aadhaar Stambh is non-linked, with-profits, regular premium endowment assurance plan.

Aadhaar Shila - 944

LIC’s Aadhaar Shila is non-linked, with-profits, regular premium endowment assurance plan.

Macro Plans

New Jeevan Mangal Plan - 840

LIC’s New Jeevan Mangal Plan is a Non-Linked, Non-Participating, Individual, Life, Micro Insurance Term Plan (with Return of Premiums on Maturity).

Micro Bachat - 851

LIC’s Micro Bachat is a Regular Premium, Non-Linked, Participating, Individual, Life, Micro-Insurance Savings Plan with Auto Cover facility.

Ulip

Nivesh Plus - 849

LIC’s Nivesh Plus is a Single Premium, Non-Participating, Unit Linked, Individual Life insurance plan which offers insurance cum investment during the term of the policy.

SIIP Plan - 852

LIC’s SIIP is a Regular Premium, Non-Participating, Unit Linked, Individual Life insurance plan which offers insurance cum investment during the term of the policy.

New Endowment Plus - 935

LIC’s New Endowment Plus is a Regular Premium, Non-Participating, Unit Linked Insurance plan, which offers investment-cum-insurance during the term of the policy.

Money Back Plans

New Bima Bachat - 916

LIC’s New Bima Bachat is a Single Premium, Non-Linked, Participating, Individual Life Assurance, money back plan.

LIC’s New Money Back Plan-20 years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term.

New Money Back Plan-25 years - 921

LIC’s New Money Back Plan-25 years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term.