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LIC's Jeevan Labh

LIC's Jeevan Labh

Limited premium paying, non-linked, participating endowment plan offering bonuses on a regular basis.

Why Choose This Plan?

Jeevan Labh is one of LIC's most popular endowment plans — and for good reason. It combines the advantage of limited premium payments with the long-term growth of bonuses (both simple reversionary and final additional bonus). You pay premiums for a shorter period of 10, 15, or 16 years while the policy continues to earn bonuses until maturity. This makes Jeevan Labh ideal for salaried professionals who want to accumulate a substantial corpus for retirement or children's higher education.

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.