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Last Declared Bonus
LIC 8% Scenario
LIC 4% Scenario
Forecast
Scenario for LA*
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LIC 8% Scenario
LIC 4% Scenario
Sum Assured
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Product Information
Founded in 1956, Life Insurance Corporation of India (LIC) is the largest life insurance company in the country with a total income of Rs. 492626.60 crore and total assets worth Rs. 2572028.34 Cr It’s fully owned by the Government of India & is also the county’s largest investor.
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Understand Life Insurance
Dhan Sanchay
Saral Jeevan Bima
Bachat Plus
New Endowment Plan
New Jeevan Anand
Aadhaar Stumb
Jeevan Labh
Aadhaar Shila
Jeevan Lakshya
Single Payment Endowment
Bima Jyoti
Amritbaal
Jeevan Tarun
Jeevan Lakshya
New Children’s Money Back Plan
Jeevan Utsav
Jeevan Umang
New Jeevan Anand
Saral Pension
Jeevan Akshay- VII
Jeevan Shanti
Cancer Cover
Jeevan Arogya
Jeevan Kiran
Jeevan Amar
Dhan Rekha
Jeevan Umang
Bima Shree
Jeevan Shiromani
New Money Back Plan 25 Years
New Money Back Plan
New Bima Bachat
Index Plus
New Pension Plus
SIIP
Nivesh Plus
New Endowment Plus
Plan No. 836
LIC''s Jeevan Labh is
a Limited Premium Payment Endowment Insurance Plan
.
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.
Maturity Benefit
under Jeevan Labh : Sum Assured + Bonus + Final Additional Bonus (As applicable).
Death Benefit
under Jeevan Labh : The policyholder''s nominee will receive,
Sum Assured + Bonus + Final Additional Bonus (As applicable).
Optional riders
like Term insurance rider (TR) & ADADB (Accidental Death And Disability Benefit ) are available.
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.
Eligibility Criteria
Min.
Max.
Age
8
59
Term/PPT
16/10, 21/15, 25/16
Sum
2,00,000
No Limit
Modes
Yearly, Half Yearly, Quarterly, Monthly (SSS or ECS)
Yearly Premium For 1000000 Sum Assured
Age
16/10
21/15
25/16
16
81898
51812
43384
25
82094
52057
43727
40
83564
54164
46422
55
90914
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