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.
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.
Dhan Sanchay - 865
Dhan Sanchay is an endowment Plan that provides guaranteed income along with protection. It provides guaranteed income benefit (GIB) from the date of maturity and guaranteed terminal benefit (GTB) as lump sum payment along with the last installment of guaranteed income benefit.
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.
Protection Plan
Whole Life Plan
Jeevan Umang - 945
LIC’s Jeevan Umang Plan is a non-linked, participating, individual, life assurance savings plan.
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.
Children Protection Plan
Children Money Back-932
LIC’s New Children’s Money Back Plan is a Non-Linked, Participating, Individual, Life Assurance Savings Money Back type plan
Jeevan Tarun - 934
LIC’s Jeevan Tarun Plan is a non-linked, participating, life assurance savings plan
Jeevan Lakshya - 933
LIC’s Jeevan Lakshya is a non-linked, participating, individual, life assurance savings plan.
Retirement Plans
New Jeevan Shanti-858
New Jeevan Shanti is a non-linked, non-participating, individual, single premium Deferred Annuity Plan. The annuity rates at the inception of the policy are guaranteed for the lifetime.
Jeevan Akshay VII-857
LIC’s Jeevan Akshay VII is a single Premium Annuity Plan giving immediate Annuity for life time
Pradhan Mantri Vaya Vandana Yojana - 856
This is a Government subsidized scheme for senior citizens above age 60. This is a single premium policy which provides assured return of 7.4% p.m. (effectively 7.66% p.a.)
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.
New Money Back Plan - 920
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.
Jeevan Shiromani - 947
LIC’s Jeevan Shiromani Plan is a non-linked, participating, individual, life assurance savings plan.
Bima Shree Plan - 948
LIC’s BIMA SHREE Plan is a non-linked, participating, individual, life assurance savings plan.
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