If you are looking for a safe and risk-free investment, LIC Jeevan Labh Plan can be a good choice. This policy offers low premiums, good returns, loan facility, and full life insurance coverage.
It combines savings and protection in one plan, making it suitable for long-term financial planning.
Many people want an investment option that is safe and also helps build a strong fund over time. If you want your money to stay protected
and also support you financially during emergencies, LIC Jeevan Labh is a reliable option. Millions of Indians trust LIC, and this trust is one of the biggest strengths of this plan.
This policy is specially designed for people who do not want to take risks in the stock market and prefer guaranteed returns.
It has a limited premium payment period, but the benefits continue for the entire policy term. Even in the unfortunate event of the policyholder’s death, the family remains financially secure.
What is LIC Jeevan Labh Policy?
LIC Jeevan Labh is a non-linked, with-profit, limited premium payment plan. This means the policyholder pays premiums only for a fixed number of years, while life cover continues for the full term.
Key features include:
In case of death during the policy term, the family receives 10 times the annual premium.
The death benefit is never less than 105% of the total premium paid.
On maturity, the policyholder receives Sum Assured + Bonus + Additional Bonus as a lump sum.
A loan facility is also available, which can help during financial emergencies.
Who Can Buy This Policy and How Much to Invest?
The LIC Jeevan Labh policy is available for individuals aged 8 to 59 years.
Minimum Sum Assured: ₹2,00,000
Maximum Sum Assured: No limit
This allows investors to choose coverage based on their financial goals.
The policy is available in three different options:
16-year policy term with 10 years premium payment
21-year policy term with 15 years premium payment
25-year policy term with 16 years premium payment
Premiums can be paid monthly, quarterly, half-yearly, or annually, depending on convenience.
How Can You Earn Up to ₹54 Lakh?
Let’s understand this with an example:
Age at entry: 25 years
Sum Assured: ₹20,00,000
Policy Term: 25 years
Premium Payment Term: 16 years
In this case, the annual premium would be around ₹88,910, which is roughly ₹243 per day.
After completing the policy term, at the age of 50, the policyholder may receive a maturity amount of around ₹54 lakh. This shows how small, regular savings can grow into a large amount over time.
Why Is LIC Jeevan Labh Plan Special?
LIC Jeevan Labh is ideal for families who want to manage safe investments, children’s future, retirement planning, and emergency funds through one policy.
It offers low risk, high security, and disciplined savings, making it suitable for long-term financial stability.
