LIC Single Premium Endowment Plan

Pay your insurance premium only once and enjoy life insurance protection together with guaranteed savings and bonus benefits throughout the policy term.

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Plan Rating

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Single Premium

Pay only once at policy inception.

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Life Cover

Financial protection throughout the policy term.

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Bonus

Eligible for Simple Reversionary Bonus and Final Additional Bonus.

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Tax Benefit

Tax benefits under applicable Income Tax laws.

Key Features

  • One-time premium payment.
  • Participating Endowment Insurance Plan.
  • Guaranteed Maturity Benefit.
  • Eligible for LIC Bonuses.
  • Loan Facility Available.
  • Surrender Benefit Available.

Eligibility

Entry Age 90 Days to 65 Years
Policy Term 10 to 25 Years
Premium Payment Single Premium
Minimum Sum Assured โ‚น50,000

Benefits

Maturity Benefit

On survival till maturity, Basic Sum Assured together with vested bonus and Final Additional Bonus, if applicable, is payable.

Death Benefit

In case of death during the policy term, the nominee receives the Sum Assured on Death together with vested bonus as per LIC rules.

Calculate Your Premium & Maturity

Use our online calculator to estimate maturity value, bonus and death benefit.

Premium Calculator Maturity Calculator Get Free Consultation

Frequently Asked Questions

It is a savings and protection plan where the premium is paid only once at the beginning of the policy.

Yes. It is a participating plan and is eligible for Simple Reversionary Bonus and Final Additional Bonus, subject to LIC declaration.