LIC's Jeevan Azad
Limited premium payment, non-linked, non-participating plan with guaranteed additions and flexible payout option.
Why Choose This Plan?
LIC's Jeevan Azad is designed for those who want to pay premiums for a shorter period but retain coverage for a longer term. With limited premium payment terms, you complete your financial commitment early and then enjoy a prolonged life cover with guaranteed additions building up in the background. At maturity, the entire Sum Assured with accumulated guaranteed additions is paid — making it a smart plan for young earners who want to close premium payments before retirement.
Frequently Asked Questions
Eligibility criteria vary based on age, medical history, and specific plan requirements. Contact our advisors for a detailed assessment of your eligibility.
The claim process is simple and hassle-free. You can initiate a claim through our online portal, or by contacting our customer support team with the required documentation.
Yes, premiums paid towards this insurance plan may be eligible for tax deductions under relevant sections of the Income Tax Act. Please consult with a tax advisor for specifics.
Other Plans by LIC
- LIC's New Endowment Plan
- LIC's New Jeevan Anand
- LIC's Single Premium Endowment Plan
- LIC's Jeevan Lakshya
- LIC's Jeevan Labh
- LIC's Bima Jyoti
- Nav Jeevan Shree (Single Premium)
- Nav Jeevan Shree (Limited Premium)
- LIC's Dhan Sanchay
- Jan Suraksha
- LIC's New Money Back Plan - 20 Years
- LIC's New Money Back Plan - 25 Years
- LIC's Bima Shree
- LIC's Bima Ratna
- LIC's Jeevan Umang
- LIC's Jeevan Utsav
- Jeevan Utsav (Single Premium)
- Child Money Back Plan
- LIC's Jeevan Tarun
- Amritbaal
- LIC's Saral Jeevan Bima
- LIC's Yuva Term
- LIC's Yuva Credit Life
- Bima Kavach
- LIC's New Jeevan Amar
- LIC's New Tech-Term
- LIC's Digi Term
- LIC's Digi Credit Life
- LIC's New Jeevan Shanti
- Saral Pension
- LIC's Jeevan Akshay - VII
- Smart Pension
- Endowment Plus
- LIC's Nivesh Plus
- LIC's SIIP
- LIC's New Pension Plus
- LIC's Index Plus
- Protection Plus
- Micro Bachat
- Bima Lakshmi
