LIC's Saral Jeevan Bima

A standard, simple, IRDAI-mandated term insurance plan with uniform coverage terms across all insurers.

Why Choose This Plan?

LIC's Saral Jeevan Bima is the simplest possible term insurance policy — standardised by the IRDAI so all insurers offer identical terms, making comparison easy and decision-making straightforward. It is especially suited for first-time insurance buyers, rural customers, and those with limited insurance literacy. The plan offers life cover from ₹5 lakh to ₹25 lakh with no complex conditions or exclusions beyond the standard waiting period for accidents. If you want a basic, no-frills life cover from LIC's trusted brand, this is the place to start.

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 Saral Jeevan Bima