LIC Jeevan Labh (Plan No. 936)

iAbout This Scheme

LIC Jeevan Labh is a limited premium payment endowment assurance plan where the policyholder pays premiums for a shorter period but enjoys coverage for the full policy term. Bonus and final additional bonus are added to the sum assured at maturity. It is a with-profits plan ideal for long-term financial goals.

🎁Key Benefits

• Limited premium payment period (shorter than policy term)
• Death benefit: sum assured plus accrued bonuses
• Maturity benefit: sum assured plus bonuses plus final additional bonus
• Section 80C premium deduction; Section 10(10D) maturity tax-free
• Loan available after 3 years of premium payment
• Accident benefit rider available

✅Eligibility Criteria

• 1
  Policy terms of 16, 21, and 25 years available

📝How to Apply

❓Frequently Asked Questions