What are 1 Crore Endowment Plans?

1 Crore Endowment plans are traditional life insurance plans that come with the dual benefit of life protection and savings. These plans offer comprehensive coverage of Rs. 1 Crore and above to the policyholder and help them to become financially independent.

LIC Plans-
Buy LIC policy online hassle free
Tax saving under Sec 80C & 10(10D)^
Guaranteed maturity with life cover for securing family's future
Sovereign guarantee as per Sec 37 of LIC Act
LIC life insurance
We are rated~
58.9 Million
Registered Consumer
Insurance Partners
26.4 Million
Policies Sold
Now Available on Policybazaar
Grow wealth through
100% Guaranteed Returns with LIC
We don’t spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on ''View Plans'' you, agreed to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp
We are rated~
58.9 Million
Registered Consumer
Insurance Partners
26.4 Million
Policies Sold

LIC 1 Crore Endowment Plan- An Overview

1 Crore Endowment plans offered by the Life Insurance Corporation of India are a one-go solution to free you from all your future financial worries. Be it securing your family’s future after your demise, or fulfilling your expensive dreams, you can achieve everything with a 1 Crore Endowment Plan.

LIC 1 Crore Endowment Plans

Plan Name Entry Age Maturity Age Policy Tenure
LIC Bima Jyoti 90 Days-60 years 75 years 15-20 years
LIC Bima Ratna 90 Days-65 years 65 years 15/20/25 years
LIC Dhan Varsha 3-60 years 75 years 10 & 15 years
LIC New Endowment Plan 8-55 years 75 years 12-35 years
LIC New Jeevan Anand 18-50 years 75 years 15-35 years
LIC Single Premium Endowment Plan 90 Days-65 years 75 years 10-25 years
LIC Jeevan Labh 8-59 years 75 years 16/21/25 years
LIC Jeevan Lakshya 18-55 years 65 years 13-25 years

Benefits of Buying LIC 1 Crore Endowment Plans

One can avail of several benefits by buying LIC 1 Crore Endowment plans such as:

  1. Death Benefits 

    You can ensure that your family will get Rs. 1 Crore if something unfortunate happens. The amount received can be utilized by the family to continue living their family independently.

  2. Maturity Benefit

    If the policyholder survives till the policy tenure, he/she will receive a maturity benefit of Rs.1 Crore which can help them to fulfill their financial needs.

  3. Loan Facility Available

    Policyholders can look after their emergency financial needs by availing loan facilities, provided at least two full years’ premiums have been paid.

  4. Tax Benefits

    Premiums paid against LIC 1 Crore endowment plans are eligible for deductions under Section 80C of the Income Tax Act 1961.

Who Should Buy LIC 1 Crore Endowment Plans?

LIC Endowment plans with benefits of Rs. 1 Crore and above are an ideal way of investing your money and ensuring guaranteed returns. These plans are an ideal option for:

  • The individuals who wish to secure their family’s financial needs after their demise

    Being the sole earner of your family, it is your responsibility to ensure that your family has sufficient funds to continue living without compromising their basic needs.

  • The individuals who wish to create a huge corpus for their future objectives

    Buying your dream house, going for a world tour or buying any other luxuries requires lots of money. By investing slowly in the LIC 1 Crore Endowment plan, you can ensure that by the end of the policy tenure, you can fulfill your dreams.

  • The individuals who wish to provide better education opportunities to their kids

    With increasing education facilities, providing quality education to your kids can put a burden on your pocket. Thus, with 1 Crore Endowment plans by LIC, you’ll be prepared to provide the best education to your children.

  • The individuals who wish to secure their post-retirement life

    Post-retirement life can become a challenge if you don't have a proper plan for it. Ensuring that you have enough funds to enjoy your post-retirement life can help you live happily and relaxed.

To Conclude

Buying LIC 1 Crore Endowment Plans is an effective way of securing your and the future of your loved ones. By investing steadily with affordable premiums, you will get guaranteed benefits of Rs. 1 Crore and above. 

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
++Returns are 10 years returns of Nifty 100 Index benchmark

LIC of India
LIC Plans
LIC Amritbaal
LIC Index Plus
LIC Jeevan Dhara II-872
LIC Jeevan Utsav
LIC Jeevan Kiran
LIC Dhan Vriddhi
LIC Monthly Investment Plans
LIC Jeevan Azad
LIC 1 Crore Endowment Plans
LIC Jeevan Labh 1 Crore
LIC Crorepati Plan
LIC Dhan Varsha - Plan No. 866
LIC Pension Plus Plan
LIC New Jeevan Shanti
LIC Bima Ratna
LIC Group Plans
LIC Fixed Deposit Monthly Income Plan
LIC Savings Plans
LIC’s New Jeevan Anand
LIC New Jeevan Anand Plan 915
LIC's Saral Jeevan Bima
LIC's Dhan Rekha
LIC Jeevan Labh 836
LIC Jeevan Jyoti Bima Yojana
LIC Child Plans Single Premium
LIC Child Plan Fixed Deposit
LIC Jeevan Akshay VII
LIC Yearly Plan
LIC Bima Jyoti (Plan 860)
LIC’s New Bima Bachat Plan 916
LIC Bachat Plus Plan 861
LIC Policy for Girl Child in India
LIC Samriddhi Plus
LIC New Janaraksha Plan
LIC Nivesh Plus
LIC Policy for Women 2024
LIC Plans for 15 years
LIC Jeevan Shree
LIC Jeevan Chhaya
LIC Jeevan Vriddhi
LIC Jeevan Saathi
LIC Jeevan Rekha
LIC Jeevan Pramukh
LIC Jeevan Dhara
LIC Money Plus
LIC Micro Bachat Policy
LIC Endowment Plus Plan
LIC Endowment Assurance Policy
LIC Bhagya Lakshmi Plan
LIC Bima Diamond
LIC Anmol Jeevan
LIC Bima Shree (Plan No. 948)
LIC Jeevan Saathi Plus
LIC Jeevan Shiromani Plan
LIC Annuity Plans
LIC Jeevan Akshay VII Plan
LIC SIIP Plan (Plan no. 852) 2024
LIC Jeevan Umang Plan
LIC Jeevan Shanti Plan
LIC Online Premium Payment
LIC Jeevan Labh Policy-936
LIC Money Plus Plan
LIC Komal Jeevan Plan
LIC Jeevan Tarang Plan
LIC Bima Bachat Plan
LIC’s New Money Back Plan-25 years
LIC Money Back Plan 20 years
LIC Limited Premium Endowment Plan
LIC Jeevan Rakshak Plan
LIC New Jeevan Anand (Previously LIC Plan 149)
LIC New Endowment Plan
LIC Varishtha Pension Bima Yojana
LIC Investment Plans
LIC Pension Plans
Show More Plans
LIC Calculator
  • One time
  • Monthly
/ Year
Sensex has given 10% return from 2010 - 2020
You invest
You get
View plans

LIC of India articles

Recent Articles
Popular Articles
LIC Jeevan Utsav vs LIC Jeevan Umang

07 Jun 2024

4 min read

LIC Jeevan Utsav and LIC Jeevan Umang are two popular insurance
Read more
Review of LIC Index Plus

07 Jun 2024

2 min read

I recently bought LIC's Index Plus plan, which has provided me
Read more
LIC Versus PPF

05 Jun 2024

3 min read

When it comes to financial planning in India, two of the most
Read more
LIC Amritbaal Premium Calculator

29 Mar 2024

2 min read

LIC Amritbaal Premium and Maturity Calculator is an online tool
Read more
LIC New Endowment Plan Maturity and Premium Calculator

04 Mar 2024

2 min read

LIC's New Endowment Plan premium and maturity calculator allows
Read more
LIC Online Premium Payment

3 min read

The LIC Online Payment by Policybazaar enables policyholders to pay their insurance premiums online at their
Read more
10 Best LIC Plans to Invest in 2024

3 min read

Since 1956, LIC of India has offered several policies that combine insurance protection with wealth accumulation
Read more
How to Check the Maturity Amount of LIC Policies?

3 min read

The LIC maturity value is the amount payable to the policyholder upon the completion of the policy term. LIC
Read more

Download the Policybazaar app
to manage all your insurance needs.