LIC Jeevan Labh Plan

LIC Jeevan Labh is a limited premium paying, non-linked endowment insurance plan that offers financial protection along with guaranteed savings and attractive bonus benefits.

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Plan Rating

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Guaranteed Savings

Receive maturity benefits with bonuses.

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Life Cover

Financial protection during the policy term.

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Bonus

Eligible for LIC declared simple reversionary bonuses.

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Tax Benefits

Tax benefits as per applicable laws.

Key Features

  • Limited Premium Payment.
  • Guaranteed Maturity Benefit.
  • Simple Reversionary Bonus.
  • Final Additional Bonus (if applicable).
  • Loan Facility Available.
  • Flexible Premium Payment Modes.

Eligibility

Entry Age As per LIC Guidelines
Policy Term 16 / 21 / 25 Years
Premium Paying Term 10 / 15 / 16 Years
Minimum Sum Assured As per LIC Rules

Benefits

Maturity Benefit

Receive Basic Sum Assured together with accrued bonuses upon successful completion of the policy term.

Death Benefit

Nominee receives death benefit according to policy conditions if the life assured passes away during the policy term.

Calculate Your Premium & Maturity

Estimate your LIC Jeevan Labh premium and maturity amount instantly using our free online calculators.

Premium Calculator Maturity Calculator Get Free Consultation

Frequently Asked Questions

LIC Jeevan Labh is a limited premium paying endowment plan that offers life cover together with guaranteed savings and bonuses.

Yes. Loan facility is available after the policy acquires surrender value as per LIC rules.