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Lic Jeevan Labh
VS
Lic Jeevan Shanti
| PLAN DETAILS |
Lic Jeevan Labh |
Lic Jeevan Shanti |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - 75 years | Maximum Maturity Age - 80 years |
| Premium payment term | 10,15,16 years | 1 to 12 years |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 65 years | Minimum Age - 30 years Maximum Age - 79 years |
| Sum assured | Rs 2 lakhs to No limit | Rs 1,50,000 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 - 31 years Maximum term - 80 years |
| Claim Settlement Ratio (2023-24) | 98.62 | 98.62 |
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LIC Jeevan Labh 936 Plan LIC New Jeevan Shanti Plan No. 858 Details |
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LIC Jeevan Labh (Plan No: 936) is a limited premium paying, non-linked (Not dependent on equity-based funds and money/share market) with-profit endowment plan that comes out with various benefits to serve its clients.
It offers a combination of protection and savings that means you will stay protected and will be able to save your money efficiently. It also provides financial support to the family the needful in case of the insured's unfortunate demise.
It is a basic endowment plan where you need to pay premiums for a limited time and at the end of the policy term, you will get the Maturity Benefits. In case of the death of the policyholder at a time during the policy term, the nominee will get the Death Benefit in the form of a Sum Assured and bonuses.
LIC Jeevan Labh Plan offers you a range of benefits including:
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