Plan 954
LIC Tech Term
Pure online term plan with high life cover at very low premium. No survival benefit – only death benefit.
Age: 18–65 yrs
Cover up to 80 yrs
Max Sum: ₹ No Limit
Best for: Young earners, salaried/self-employed wanting maximum cover at low cost.
Plan 955
LIC Jeevan Amar
Offline pure term plan. Available with Level Sum Assured or Increasing Sum Assured option. Flexible premium payment.
Age: 18–65 yrs
Cover up to 80 yrs
Min Sum: ₹25 Lakh
Best for: Family protection, loan coverage, breadwinners.
Plan 914
LIC New Endowment Plan
Classic savings + insurance plan. Maturity benefit + Bonuses + Death cover. Ideal for long-term savings.
Age: 8–55 yrs
Term: 12–35 yrs
Min Sum: ₹1 Lakh
Best for: Risk-averse savers, children's future, retirement corpus.
Plan 915
LIC Jeevan Anand
Endowment plan with lifelong risk cover. After maturity, basic sum assured continues as life cover till death.
Age: 18–50 yrs
Term: 15–35 yrs
Min Sum: ₹1 Lakh
Best for: Dual benefit seekers – maturity + lifelong cover.
Plan 933
LIC Jeevan Lakshya
Annual income benefit to family if policyholder dies. On maturity, full sum assured + bonus paid. Children's education focus.
Age: 18–50 yrs
Term: 13–25 yrs
Min Sum: ₹1 Lakh
Best for: Parents wanting to secure children's education/future.
Plan 860
LIC Bima Jyoti
Non-linked savings plan with guaranteed additions. Flexible premium terms. Lump-sum maturity + death benefit.
Age: 90 days–60 yrs
Term: 15–20 yrs
Min Sum: ₹1 Lakh
Best for: Guaranteed return seekers, conservative investors.
Plan 936
LIC Jeevan Labh
Limited premium endowment plan. Pay for fewer years, get covered for longer. High bonus accumulation.
Age: 8–59 yrs
Term: 16/21/25 yrs
Min Sum: ₹2 Lakh
Best for: Those wanting shorter premium payment period with long coverage.
Plan 858
LIC Jeevan Shiromani
High-value limited premium endowment plan for HNIs. Inbuilt critical illness benefit. Guaranteed additions + bonus.
Age: 18–55 yrs
Term: 14–20 yrs
Min Sum: ₹1 Crore
Best for: High-income individuals wanting premium savings + CI cover.
Plan 920
New Money Back – 20 Years
Survival benefits of 20% sum assured at 5, 10, 15 yrs. Balance 40% + bonus at maturity (20 yrs).
Age: 13–50 yrs
Term: 20 yrs
Min Sum: ₹1 Lakh
Best for: Periodic cash requirements – school fees, home expenses.
Plan 821
New Money Back – 25 Years
Survival benefits of 15% sum assured at 5, 10, 15, 20 yrs. Balance 40% + bonus at maturity (25 yrs).
Age: 13–45 yrs
Term: 25 yrs
Min Sum: ₹1 Lakh
Best for: Long-term planners with medium-interval cash needs.
Plan 943
New Children's Money Back
Survival benefits at ages 18, 20, 22 yrs. Maturity at age 25 with lump sum. Waiver of premium on parent's death.
Child Age: 0–12 yrs
Matures at age 25
Min Sum: ₹1 Lakh
Best for: Parents securing child's education & marriage funds.
Plan 848
LIC New Bima Bachat
Single premium money back plan. Survival benefit at regular intervals. Full refund of premium on maturity or death.
Age: 15–66 yrs
Term: 9/12/15 yrs
Single Premium
Best for: Lump sum investors wanting periodic returns + principal back.
Plan 934
LIC Jeevan Tarun
Endowment plan for children. Survival benefit from age 20–24 (5%–15% flexible). Full maturity at age 25.
Child Age: 90 days–12 yrs
Matures at 25 yrs
Min Sum: ₹75,000
Best for: Parents who want customisable money-back for child's milestones.
Plan 932
LIC Jeevan Kishore
Endowment plan purchased for minors. Premium waiver option in case of proposer's death. Good bonus participation.
Child Age: 0–12 yrs
Term: up to 25 yrs
Min Sum: ₹1 Lakh
Best for: Early start savings for child's higher education or marriage.
Plan 858
LIC New Jeevan Shanti
Deferred annuity plan. Choose deferment period, then get guaranteed lifetime pension. Single premium payment.
Age: 30–79 yrs
Annuity: Lifetime
Single Premium
Best for: Retirement planning, guaranteed monthly/yearly income for life.
Plan 842
LIC Jeevan Akshay VII
Immediate annuity – pension starts right from next month after single lump-sum investment. Multiple annuity options.
Age: 30–85 yrs
Pension: Immediate
Min Premium: ₹1 Lakh
Best for: Retirees wanting instant monthly income from their savings.
Govt. Scheme
PMVVY (Pradhan Mantri Vaya Vandana Yojana)
Govt-backed pension plan for senior citizens via LIC. 7.4% guaranteed pension p.a. for 10 years. Capital returned at end.
Age: 60+ yrs
Max: ₹15 Lakh
Guaranteed Pension
Best for: Senior citizens wanting safe, government-guaranteed monthly income.
Plan 943
LIC Aadhaar Shila (Women)
Endowment plan exclusively for women. Loyalty additions from 5th year. Maturity + death benefit. No medical required.
Age: 8–55 yrs (Women)
Term: 10–20 yrs
Min Sum: ₹75,000
Best for: Women wanting hassle-free savings plan without medical tests.
Plan 944
LIC Aadhaar Stambh (Men)
Endowment plan for males. Loyalty additions from 5th year. Simplified issuance without medical tests for eligible amounts.
Age: 8–55 yrs (Men)
Term: 10–20 yrs
Min Sum: ₹75,000
Best for: Men wanting easy enrollment without medical examination.
Plan 951
LIC Micro Bachat
Micro insurance endowment for low-income groups. Very low minimum premium. No medical test. Easy enrollment.
Age: 18–55 yrs
Term: 10–15 yrs
Sum: ₹50K–₹2 Lakh
Best for: Rural population, daily wage workers, low-income families.
Govt. Scheme
PMJJBY
Pradhan Mantri Jeevan Jyoti Bima Yojana. ₹2 Lakh death cover for ₹436/year. Renewable annually via bank account.
Age: 18–50 yrs
Cover: ₹2 Lakh
Premium: ₹436/yr
Best for: BPL families, bank account holders wanting low-cost life cover.
Govt. Scheme
PMSBY
Pradhan Mantri Suraksha Bima Yojana. Accidental cover – ₹2 Lakh death/disability for only ₹20/year via bank.
Age: 18–70 yrs
Cover: ₹2 Lakh
Premium: ₹20/yr
Best for: Everyone! Cheapest accident cover available in India.
Govt. Scheme
Varishtha Pension Bima Yojana
Pension scheme for senior citizens (60+) administered via LIC. Assured return of 9% p.a. for 10 years from investment.
Age: 60+ yrs
Return: ~9% p.a.
Govt. Backed
Best for: Senior citizens wanting safe, high-yield pension income.
Plan 852
LIC SIIP (Systematic Investment Insurance Plan)
Monthly investment ULIP. Market-linked returns with life cover. 4 fund options. Guaranteed additions after 6th year.
Age: 90 days–65 yrs
Term: 10–25 yrs
Min Premium: ₹4,000/mo
Best for: Long-term wealth creation via SIP with insurance protection.
Plan 849
LIC New Endowment Plus
ULIP endowment plan with 4 fund options. Death benefit = higher of fund value or 10x annualized premium.
Age: 90 days–50 yrs
Term: 10–20 yrs
Min Sum: ₹1 Lakh
Best for: Investors wanting market returns with life cover under one plan.