LIC — Life Insurance Corporation of IndiaVinod & Ankita PrajapatiLIC Insurance Advisors

LIC Jeevan Lakshya

Income plus a lump sum that secures your family's goals even in your absence.

About this plan

LIC’s Jeevan Lakshya is a Par, Non-linked, Life, Individual, Savings plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder. This Plan can be purchased Offline through Licensed agents, Corporate agents, Brokers and Insurance Marketing Firms.

Key features

  • The plan provides for protection and savings.
  • Option for payment of

Plan chart — eligibility

Minimum Age at entry
18 years (Last birthday)
Maximum Age at entry
50 years (nearer birthday)
Minimum Maturity Age
31 years (nearer birthday)
Maximum Maturity Age
65 years (nearer birthday)
Minimum Policy Term
13 years
Maximum Policy Term
25 years
Premium Paying Term
(Policy Term -3) years
Minimum Basic Sum Assured
Rs. 2,00,000
Maximum Basic Sum Assured
No Limit, subject to underwriting decision* (* The maximum Basic Sum Assured allowed to each individual will be subject to underwriting decision as per Board Approved Underwriting…
Basic Sum Assured Multiples
The Basic Sum Assured shall be in multiples of amounts as specified below: Basic Sum Assured Range Sum Assured Multiple From Rs. 2,00,000 to Rs. 4,00,000 Rs. 10,000 Above Rs.…

Figures are indicative and summarised from the official LIC brochure. Please refer to the PDF or contact us for exact, up-to-date terms.

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