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Lic Jeevan Labh vs Lic Hindi

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Lic Jeevan Labh vs Lic Hindi

Lic Jeevan Labh

LIC Jeevan Labh (Plan No: 936) is a limited premium paying, non-linked (not dependent on equity-based funds or the money/share market) with-profit endowment plan that offers various benefits to its clients. It provides a combination of protection and savings, ensuring you stay protected and can save...

Lic Hindi

LIC Nivesh Plus is a unit-linked, non-participating, and single-premium individual life insurance plan. It offers insurance cum investment benefits that help you to stay protected and earn great returns. The plan allows the insured to monetize the investment opportunities associated with the stock m...

PLAN DETAILS

Lic Jeevan Labh


Lic Hindi

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Death Benefits
  • Maturity Benefits
  • Rebates
  • Partial Withdrawals
  • Switches
  • Guaranteed Additions
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - 85 years
Premium payment term 10,15,16 years 10 to 25 years
Plan Entry Age Minimum Age: 18 years, Maximum Age: 65 years Minimum Age - 90 days Maximum Age - 70 years
Sum assured Rs 2 lakhs to No limit Rs 1 lakhs to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16,21,25 years Minimum term - 10 years Maximum term - 25 years
Claim Settlement Ratio (2024-25) 98.5% 98.5%
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LIC Jeevan Labh 936 Plan

LIC Jeevan Labh 936 Plan

Know More About Plans

LIC Jeevan Labh (Plan No: 936) is a limited premium paying, non-linked (not dependent on equity-based funds or the money/share market) with-profit endowment plan that offers various benefits to its clients.

It provides a combination of protection and savings, ensuring you stay protected and can save money efficiently. It also offers financial support to their family in need in case of the insured's unfortunate demise.

This is a basic endowment plan where you pay premiums for a limited time. At the end of the policy term, you receive the Maturity Benefits. In case of the policyholder's death during the policy term, the nominee will receive the Death Benefit, which includes the Sum Assured and bonuses.

LIC Jeevan Labh Plan offers a range of benefits, including:

  • Death Benefits
  • Maturity Benefits
  • Loan Facility
  • Profit Participation
  • Rebates

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