Plan 955LIC's Jeevan Amar
Pure protection, two death benefit options
- Level or increasing sum assured options
- Separate non-smoker premium rates
- Single, regular or limited premium payment
- Optional accident benefit rider
LIC's Saral Jeevan Bima
The standard, easy-to-compare term plan
A regulator-standardised term plan with identical features across insurers, so only price and service differ.
Who it suits: First-time buyers who want simple terms and no fine print surprises.
- Term Assurance
- The standard, easy-to-compare term plan
- Pure Protection
LIC plan reference: 859
Eligibility at a glance
- Entry age
- 18 to 65 years
- Maturity age
- Up to 75 years (plan dependent)
- Sum assured
- ₹5,00,000 to ₹25,00,000
- Policy term
- 5 to 40 years
- Premium modes
- Yearly, half-yearly, quarterly, monthly (NACH) and salary savings scheme
Key benefits
- Standardised features prescribed by IRDAI
- No medical jargon or optional variants to decode
- Waiting period of 45 days for non-accidental death
- Single, regular or limited premium
Estimate your LIC's Saral Jeevan Bima premium and maturity value
LIC Premium & Maturity Calculator
Estimates from publicly published LIC rate tables. Not a quotation.
- Yearly premium
- ₹4,655
- First instalment
- ₹4,655
- Renewal instalment
- ₹4,655
- Total outgo over the term
- ₹1,16,375
This is a pure risk plan — there is no maturity or surrender value.
Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.
Want an exact LIC illustration?
Your estimate is ready. For an official quotation and a suitability discussion on LIC's Saral Jeevan Bima:
This plan may not be ideal if…
- You need the maximum possible life cover for the lowest premium — a term assurance plan does that better.
- You may need the money back within the first few years; early surrender values are low.
- You want a maturity payout — this plan pays only on death during the term.
- Your income is irregular and you cannot commit to the full premium paying term.
Frequently asked questions
Get advice on LIC's Saral Jeevan Bima
Send your age and budget and you will get an official LIC quotation plus an honest view on whether this plan is the right fit.
5th Floor, Jeevan Prakash Building, Sir P.M. Road, Fort, Mumbai - 400001, Maharashtra · Mon–Fri, 10:00 AM – 6:00 PM · IRDAI Agent Licence No. LIC03699923
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This page describes LIC's Saral Jeevan Bima in our own words, based on LIC's published product literature. For the binding terms, always refer to the official policy document issued by Life Insurance Corporation of India.