LIC's New Endowment Plan

Participating non-linked plan offering an attractive combination of protection and saving with bonus additions.

Why Choose This Plan?

The LIC New Endowment Plan is a time-tested savings-cum-protection plan that earns simple reversionary bonus throughout the policy term. It is ideally suited for people who want a straightforward policy with no complex structures — pay premiums for the chosen term, earn bonuses, and receive a lump sum at maturity or upon death of the life assured. This plan is a cornerstone of sound financial planning for families.

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 New Endowment Plan