Endowment Plan
LIC Associate, CODE-L04600008Protection Today. Savings Tomorrow.
An Endowment Plan gives you the best of both worlds — life cover during the policy term, and a guaranteed lump sum payout at maturity if you survive the term. You don’t just protect your family. You also build wealth for yourself.
- Life cover + guaranteed savings in one plan
- Lump sum amount at maturity — for any goal you choose
- Bonus additions that grow your corpus over time
- A disciplined, safe, and trusted way to save
LIC Jeevan Anand
Protection + Lifetime Security
- Entry Age: 18 to 50 years
- Maturity Age: Up to 75 years
- Policy Term: 15 to 35 years
- Premium Payment: Regular
- Sum Assured: Minimum ₹1 lakh (no upper limit)
Key Features
- Life cover continues even after maturity
- Bonus added every year
- Combination of protection and savings
What Happens
- If death occurs during term: Full sum assured + bonus
- If survival at maturity: Lump sum payout + life cover continues
- After maturity: Risk cover continues for lifetime
LIC Jeevan Labh
Limited Premium, Guaranteed Returns
- Entry Age: 8 to 59 years
- Maturity Age: Up to 75 years
- Policy Term: 16, 21, or 25 years
- Premium Payment: Limited (10, 15, or 16 years)
- Sum Assured: Minimum ₹2 lakh
Key Features
- Pay premium for shorter duration
- Guaranteed maturity benefits
- Bonus added over time
What Happens
- If death occurs: Sum assured + bonus
- If survival: Lump sum payout at maturity
LIC New Endowment Plan
Safe and Simple Savings Plan
- Entry Age: 8 to 55 years
- Maturity Age: Up to 75 years
- Policy Term: 12 to 35 years
- Premium Payment: Regular
- Sum Assured: Minimum ₹1 lakh
Key Features
- Guaranteed returns
- Low-risk plan
- Suitable for conservative investors
What Happens
- If death occurs: Sum assured + bonus
- If survival: Guaranteed maturity benefit
LIC Single Premium Endowment Plan
One-Time Investment Plan
- Entry Age: 18 to 65 years
- Policy Term: 10 to 25 years
- Premium Payment: One-time payment
- Sum Assured: Based on single premium
What Happens
- If death occurs: Sum assured paid
- If survival: Lump sum at maturity
Who Should Buy This Plan
- Individuals planning for future goals
- Parents saving for children’s education or marriage
- People who prefer guaranteed returns
- Risk-averse investors
Key Features
- Pay once and stay protected
- Guaranteed returns
- No recurring premium tension
Key Benefits of Endowment Plans
- Life insurance + savings in one plan
- Guaranteed maturity benefit
- Bonus addition increases returns
- No market risk
- Ideal for long-term goals