All LIC plans, explained simply

Savings-plus-protection plans that pay a lump sum on maturity, or to your family earlier.

• Single Premium Endowment PlanOne-time payment, guaranteed maturity
• LIC's New Endowment PlanThe classic savings-and-protection policy
• LIC's New Jeevan AnandMaturity payout with cover that never ends
• LIC's Jeevan LakshyaKeeps the family's plan on track
• LIC's Jeevan LabhShort paying term, long cover
• LIC's Bima JyotiGuaranteed additions, no market risk
• LIC's Bima RatnaMoney back with guaranteed additions
• LIC's Jeevan AzadPay for eight years less than the term
• LIC's AmritbaalA child's education fund with guaranteed additions
• LIC's Jeevan Utsav (Regular Income)Guaranteed annual income for life
• LIC's Jeevan Dhara IIDeferred annuity with guaranteed rates

Lifelong cover with survival income, designed to pass wealth on to the next generation.

• LIC's Jeevan UmangAnnual survival income up to age 100
• LIC's Jeevan UtsavWhole life cover with guaranteed additions
• LIC's Jeevan ShiromaniHigh sum assured plan for HNI buyers

Periodic payouts during the policy term while the full risk cover continues.

• LIC's New Money Back Plan - 20 YearsCash back every five years
• LIC's New Money Back Plan - 25 YearsLonger term, four cash-back milestones
• LIC's New Children's Money Back PlanPayouts at 18, 20 and 22
• LIC's Jeevan TarunFour payout patterns to choose from
• LIC's Bima ShreeMoney back for high value cover

Pure protection at the lowest cost — high cover for a modest yearly premium.

• LIC's Jeevan AmarPure protection, two death benefit options
• LIC's New Tech-TermOnline term plan with competitive rates
• LIC's Saral Jeevan BimaThe standard, easy-to-compare term plan
• LIC's Yuva TermTerm cover priced for younger buyers
• LIC's Digi TermEnd-to-end digital term purchase
• LIC's Yuva Credit LifeCover that reduces with your loan
• LIC's Digi Credit LifeOnline loan protection cover
• LIC's New Jeevan AmarRefreshed offline term plan

Optional add-ons that widen a base policy for accidents, illness or premium waiver.

• Accidental Death and Disability Benefit RiderExtra payout and income after an accident
• Accident Benefit RiderDoubles the payout on accidental death
• Term Assurance RiderTop up the death benefit cheaply
• New Term Assurance RiderUpdated top-up cover
• Premium Waiver Benefit RiderKeeps a child's policy alive
• New Critical Illness Benefit RiderLump sum on diagnosis
• Linked Accidental Death Benefit RiderAccident cover for ULIP policies

Build a retirement corpus, or convert savings into a guaranteed lifelong income.

• LIC's New Pension PlusBuild a retirement corpus in market-linked funds
• LIC's Jeevan Akshay-VIIImmediate annuity, income starts now
• LIC's New Jeevan ShantiDeferred annuity with locked-in rates
• LIC's Saral PensionThe standardised immediate annuity
• LIC's Smart PensionFlexible immediate annuity with liquidity

Market-linked funds bundled with life cover, with the flexibility to switch funds.

• LIC's Index PlusIndex-linked funds with guaranteed additions
• LIC's Nivesh PlusSingle premium unit linked investment
• LIC's SIIPSystematic investment with insurance
• LIC's Protection PlusHigher cover unit linked plan

Small-ticket, affordable cover built for modest and irregular household incomes.

• LIC's Micro BachatSmall savings plan with no medicals
• LIC's New Jeevan MangalTerm cover with return of premium