LIC's Jeevan Lakshya

Participating non-linked plan specially designed to secure a child's future needs with guaranteed annual income on death.

Why Choose This Plan?

Jeevan Lakshya is specifically crafted for parents who want to ensure their child's milestones are never compromised. In the event of the policyholder's unfortunate death during the term, the policy does not lapse — instead, all future premiums are waived AND the nominee receives 10% of the Sum Assured annually until policy maturity, guaranteeing a regular income for the child. At maturity, the full Sum Assured with bonuses is also paid. This is an exceptional child protection plan built on LIC's unwavering reliability.

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.

LIC's Jeevan Lakshya