LIC Investment Plans in 2026

Read on to know more about some of the best LIC investment plans 2026.

Which are the Best LIC Plans for Investment in 2026

The Life Insurance Corporation of India offers an extensive range of insurance products to cater to the various requirements of insurance buyers, making it easier to choose a suitable LIC investment option. Customers can choose from endowment plans, money-back plans, unit-linked insurance plans and other LIC savings plans as per their requirements. Among the different policies issued by the company, the below-mentioned are some of the options for the best LIC plan for investment right now.

Best LIC Policy For Investment List for 2026

Disclaimer: Policybazaar does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer. The tax benefit is subject to changes in tax laws. *Standard T&C Apply

To choose the best LIC policy, the buyers must compare the plans and thoroughly review the LIC policies. Here, we have elaborated on the top LIC Investment plans in detail.

1. LIC Index Plus

   LIC Index Plus 873 is a unit-linked life insurance plan that offers market growth potential with guaranteed death benefits, making it a good LIC investment plan. Policyholders can invest in their choice of funds and receive guaranteed additions. This plan ensures life cover throughout the policy term and enhances their protection through riders. It provides flexibility in premium payment modes and offers coverage up to 85 years of age. It is important for buyers to be aware of LIC Index Plus Plan details before purchasing the plan, especially when choosing the best LIC plans for investments.

   Features of LIC Index Plus

   • This LIC investment plan offers the flexibility to choose from various funds based on your risk appetite and financial goals.

   • It offers Annual guaranteed additions to the unit fund to help boost earnings and enhance savings over time, making it one of the most preferred LIC savings plans.

   • Additional coverage options are available through riders for added financial security.

   • You can make partial withdrawals in this LIC investment plan to address liquidity needs, ensuring financial flexibility.

   Benefits of LIC Index Plus

   • Death Benefit
     The LIC Index Plus plan offers guaranteed death benefits to beneficiaries, ensuring financial security if the policyholder dies, which makes it a reliable LIC investment option. The death benefit payable in this LIC investment plan is the highest amount of:

     • Unit fund value, or

     • Basic Sum Assured after deduction of Partial Withdrawals.

     • 105% of the total premiums received up to the date of death reduced by Partial Withdrawals, if any

   • Maturity Benefit
     Policyholders receive the Unit Fund Value upon surviving to the maturity date, providing a lump-sum payout.

   • Refund of Mortality Charges:
     Policyholders who survive past the maturity date and have paid all due premiums receive a refund of mortality charges, further enhancing returns and value.

2. LIC Nivesh Plus

   LIC Nivesh Plus 749 is a Unit-Linked insurance plan by LIC of India, offering insurance coverage and wealth accumulation through a single premium payment This LIC investment plan provides policyholders with a choice of four investment funds based on risk appetite and options for fund switching and partial withdrawals after the fifth policy anniversary.

   Features of LIC Nivesh Plus

   • This LIC investment plan offers four investment funds to suit varying risk appetites. To know the returns amount in all these 4 plan options, you can use the LIC Nivesh Plus calculator .

   • You can switch funds and withdraw partially after the fifth policy anniversary.

   • The plan provides guaranteed additions to the policy unit fund over specific policy durations.

   • With the LIC Nivesh Plus policy, you can avail of additional protection through rider benefits such as Accidental Death Benefit Rider, enhancing the value of this LIC policy.

   Benefits of LIC Nivesh Plus

   • Death Benefit
     The nominee receives a death benefit if the policyholder dies during the term. This benefit is calculated as the amount higher of the following:

     • Unit fund value, or

     • Basic Sum Assured after deduction any Partial Withdrawals.

   • Maturity Benefit
     If the policyholder survives to maturity, they will receive a sum equal to the Unit Fund Value.

   • Guaranteed Additions:
     The policy offers guaranteed additions to the Policy Unit Fund at specific intervals. These additions are based on a fixed percentage of the Single Premium amount paid and are added to the fund's value once the policy reaches certain milestones:

     • At the end of 6 years: 3%

     • At the end of 10 years: 4%

     • At the end of 15 years: 5%

     • At the end of 20 years: 6%

     • At the end of 25 years: 7%

3. LIC Jeevan Umang

   LIC Jeeva Umang 745 offers the family whole-life insurance coverage and the combined benefit of income and protection, making it one of the dependable LIC plans. The plan offers annual survival benefits to the insured from the end of the premium-paying term until the policy's maturity.

   Features of LIC Jeevan Umang

   • This LIC investment plan offers the option to receive a death benefit in installments.

   • Different rider options can be availed to increase policy coverage under this LIC policy.

   • This LIC savings plan offers the option to pay the policy's premium through regular premium payment or by salary deductions during the policy's PPT.

   • Tax benefits can be availed U/S 80C and 10(10D) of the Income Tax Act.

   • Offers the benefit of rebates on premiums for a higher sum assured amount.

   Benefits of LIC Jeevan Umang Plan

   • Death Benefit

     If the life insured dies during the policy's tenure, the death benefit is paid to the policy's beneficiary.
     On death before the commencement of risk
     If the insured dies before the commencement of risk, the return of the premium paid without interest is paid to the policy's beneficiary.

     On death after the commencement of risk
     In the case of the insured's demise after the commencement of risk, the death benefit is defined as the sum assured on death plus vested reversionary bonus, and a final additional bonus (if any) is paid to the beneficiary of the LIC policy. The sum assured on death is defined as:

     • Higher of 7 times the annualized premium; or

     • 105% of the total premium paid to date.

   • Survival Benefit

     If the life insured survives the premium-paying tenure of the policy, a survival benefit equal to 8% of the basic sum assured amount is paid annually until the policy maturity date.

   • Maturity Benefit

     If the life insured survives the entire tenure of the LIC policy, the maturity benefit is paid to the insured as the sum assured on maturity plus the vested reversionary bonus and final additional bonus (if any). The sum assured on maturity is equal to the basic sum assured amount. Use LIC Jeevan Umang Calculator to estimate the maturity benefit amount.

4. LIC Jeevan Utsav

   LIC Jeevan Utsav 771 is a whole life insurance plan by LIC of India. Option I provides Regular Income Benefits, while Option II offers the flexibility of Flexible Income Benefits, allowing you to choose the best LIC plan that aligns with your financial goals. This LIC plan ensures comprehensive financial growth and security protection with flexible premium payments, tax benefits, guaranteed additions, and a loan facility.

   Features of LIC Jeevan Utsav

   • Allows flexible premium payments based on individual financial capacity.

   • This LIC investment plan provides tax benefits and offers advantages under prevailing tax laws, making it a viable LIC investment option.

   • This LIC savings plan offers guaranteed additions to enhance the maturity value over time.

   • Offers a loan facility, providing access to liquidity against the policy. 

   Benefits of LIC Jeevan Utsav

   • Guaranteed Additions
     LIC Jeevan Utsav provides guaranteed additions at specified rates throughout the policy term, ensuring a predetermined boost to the policy's maturity value, which adds value to this LIC policy.

   • Death Benefit
     If the person insured passes away, the Death Benefit is paid. This benefit includes the "Sum Assured on Death" and accrued Guaranteed Additions, ensuring the policy is active. The Death Benefit is not less than 105% of the total premiums paid until death. "Sum Assured on Death" is the higher value between the 'Basic Sum Assured' and '7 times the Annualised Premium’, making it a reliable best LIC policy for protection. '
     If a minor is aged below 8 at entry and passes away before risk coverage starts, the benefit is a refund of premiums paid without interest.

   • Survival Benefit
     For those policyholders who survive the policy term, there are two options:
     Option I - Regular Income Benefit:
     Receive a Regular Income Benefit equal to 10% of the Basic Sum Assured annually, starting from a specified year, provided all due premiums are paid. Option II - Flexi Income Benefit:
     On survival, policyholders can opt for the Flexi Income Benefit, receiving 10% of the Basic Sum Assured annually starting from a specified year as long as all due premiums are paid, making it suitable for the best LIC plan for investment.

   Note: The LIC Jeevan Utsav Calculator helps estimate the survival benefit amounts in both the options.

5. LIC New Jeevan Shanti

   LIC New Jeevan Shanti 758 is a single premium deferred annuity plan in which the policyholder pays a lump sum premium to obtain coverage. This LIC one time investment plan also offers the option between Joint life and Single life Deferred annuities.

   Features of LIC Jeevan Shanti

   • The LIC New Jeevan Shanti also offers flexibility in choosing the monthly, quarterly, half-yearly, or annually payout frequency. In a way, this can also be considered as an LIC monthly income plan.

   • This LIC policy one time investment plan provides Deferred Annuity for Single Life and Deferred Annuity for Joint Life options.

   • This LIC investment plan has tax benefits under Section 80C and Section 10(10D) of the Income Tax Act

   Benefits of LIC Jeevan Shanti Plan

   • Death Benefit
     Purchase Price and Accrued Additional Benefit on Death (as described below) less the total annuity amount paid up to the date of death, if any, equals 105% of the Purchase Price.

   • Option to cover Dependent with Disability
     Suppose the policyholder has a disabled family member who is a dependent. In that case, he or she may acquire a Deferred Annuity for Single Life (Option 1) on their life for the benefit of a disabled nominee, provided the purchase price is at least Rs. 50,000.

   • Loan Facility
     After three months of policy issuance or after the expiration of the free-look period, whichever comes first, the policyholder may apply for policy loans against their LIC New Jeevan Shanti plan.

The Bottom Line!

These are some of the LIC best return plans that insurance buyers can consider purchasing as per their affordability and financial needs. Although these are the best LIC plans for investment options, make sure that you go through the details of the plan before making a final decision. Don't forget to secure your family's financial future with a life insurance policy.

Disclaimer: Policybazaar does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.

*All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C Apply

“Tax benefit is subject to changes in tax laws. Standard T&C apply.”

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