LIC Endowment Plans 2026

Read more to know about LIC endowment policies 2026.

What are LIC Endowment Plans?

LIC Endowment Plans are traditional life insurance products that combine savings and insurance under a single policy. Endowment plans by LIC of India provide life cover throughout the policy term, and if the policyholder survives the tenure, a maturity benefit is paid. In the event of an unfortunate death during the policy term, the nominee receives the death benefit.

An Endowment Policy is ideal for individuals seeking guaranteed returns, financial protection, and bonus participation. For investors looking for safety and predictable returns, LIC remains one of the most trusted insurers in India.

Features of LIC Endowment Plans

LIC Endowment Plans come with several attractive features that make them a preferred choice among policyholders:

• Comprehensive Protection: An LIC endowment insurance plan provides life cover throughout the selected policy term, ensuring financial security for your family.

• Long-Term Savings: These plans encourage disciplined investing and help build a substantial corpus over time.

• Flexible Policy Terms: Policyholders can choose the policy term based on their financial objectives and life stage.

• Bonus Participation: Most participating plans offer Simple Reversionary Bonus and Final Additional Bonus. This significantly enhances the maturity and death benefits under your LIC Endowment Policy.

• Optional Rider Benefits: Riders such as Accidental Death Benefit and Premium Waiver can enhance the protection offered by your LIC Endowment Insurance Policy.

• Loan Facility: Most LIC Endowment Plans offer loans after the surrender value is acquired, ensuring liquidity during emergencies.

• Guaranteed Maturity Benefits: Upon survival, the policyholder receives the Sum Assured along with bonuses, making it a dependable LIC Endowment Savings Plan.

• Ideal for Wealth Creation: Whether you seek the Endowment Plan for savings or long-term security, LIC of India offers multiple options to suit different needs. With LIC 1 crore endowment plans, you can create a significant corpus of 1 crore with the trust of LIC. 

Best Endowment Plans offered by LIC of India

Features and Benefits of LIC Single Premium Endowment Plan 717

LIC Single Premium Endowment Plan 717 is a participating life insurance plan designed for individuals seeking life cover and guaranteed savings through a one-time investment. With a single upfront premium, the policy offers financial protection, bonus additions, and maturity benefits, making it an excellent option for long-term wealth creation and family security.

• Single Premium Payment: Pay the entire premium once at the beginning of the policy. There are no recurring premium obligations, making it a convenient LIC lump sum investment plan.

• Life Insurance Protection: This single-premium life insurance LIC policy provides comprehensive financial security throughout the chosen policy term.

• Flexible Policy Term: Policyholders can select the coverage period according to their financial goals and protection requirements.

• Attractive Death Benefit: In case of the life assured's unfortunate demise during the policy term, nominees receive the Sum Assured on Death along with accrued bonuses and Final Additional Bonus, if declared.

• Guaranteed Maturity Benefit: On surviving the policy term, the policyholder receives the Basic Sum Assured along with vested bonuses and Final Additional Bonus, if applicable.

• Participation in LIC Profits: The plan participates in LIC's profits and earns Simple Reversionary Bonus and Final Additional Bonus, enhancing overall returns.

• Instalment Benefit Option: Death or maturity proceeds can be received in regular instalments over 5, 10, or 15 years instead of a lump sum.

• Loan Facility and Rider Options: This one-time investment plan from LIC also offers loan availability and optional rider benefits for enhanced financial protection.

Features and Benefits of LIC New Endowment Plan 714

LIC New Endowment Plan 714 is a participating, non-linked Endowment Policy that combines savings, protection, and bonus earnings. It is one of the most popular LIC Endowment Plans for individuals seeking guaranteed returns with life cover.

• Offers a perfect blend of insurance and savings under a reliable LIC Life Insurance Endowment Plan.

• Flexible premium payment options, yearly, half-yearly, quarterly, or monthly.

• Policyholders can choose the policy term and premium-paying term as per their financial goals.

• Provides comprehensive death protection along with attractive maturity benefits.

• Earns Simple Reversionary Bonus and Final Additional Bonus, enhancing returns.

• Death and maturity proceeds can be received in instalments instead of a lump sum.

• Optional riders are available for enhanced protection against accidental death, disability, and critical life events.

• Loan facility is available, making this LIC Endowment Savings Plan suitable for liquidity needs.

Features and Benefits of LIC New Jeevan Anand Plan 715

LIC New Jeevan Anand 715 is one of the most popular LIC Endowment Plans, offering the dual advantage of lifelong protection and disciplined savings. This participating Endowment Life Insurance plan provides maturity benefits, bonus additions, and whole life coverage even after the policy term ends.

• Combines savings and lifelong insurance under a trusted LIC Endowment Policy.

• Offers life cover during the policy term and continues risk cover even after maturity.

• Provides flexible premium payment options, yearly, half-yearly, quarterly, or monthly.

• Pays maturity benefit along with vested bonuses and Final Additional Bonus.

• Nominees receive comprehensive death benefits, even after policy maturity.

• Allows death and maturity proceeds to be received in instalments.

• Participates in LIC's profits through Simple Reversionary Bonus and Final Additional Bonus.

• Optional riders are available for enhanced financial protection.

Features and Benefits of LIC Jeevan Lakshya Plan 733

LIC Jeevan Lakshya 733 is a popular Life Insurance Endowment Plan that combines long-term savings with strong financial protection. It is especially suitable for individuals planning future milestones like children's education, marriage, or family security.

• Offers the perfect blend of savings and protection under a trusted LIC Endowment Policy.

• Provides financial security through death benefit along with annual income benefits.

• Maturity benefit includes Basic Sum Assured plus accrued bonuses.

• Death and maturity proceeds can be received in lump sum or convenient instalments.

• Participates in LIC's profits through Simple Reversionary Bonus and Final Additional Bonus.

• Optional riders are available for enhanced coverage against accidental death and disability.

• Attractive rebates are offered for higher Sum Assured.

• Loan facility is available to meet urgent financial needs.

Features and Benefits of LIC Jeevan Labh Plan 736

LIC Jeevan Labh 736 is a highly popular Endowment Insurance Policy that combines guaranteed savings, life protection, and bonus earnings. Its limited premium payment feature makes it one of the most preferred LIC Endowment Plans for long-term financial planning.

• Limited premium payment option with policy terms of 16, 21, or 25 years.

• Flexible premium payment terms of 10, 15, or 16 years.

• Comprehensive life cover throughout the selected policy term.

• Maturity benefit includes Basic Sum Assured along with accrued bonuses.

• Death benefit is payable as a lump sum or in convenient instalments.

• Participates in LIC's profits through Simple Reversionary Bonus and Final Additional Bonus.

• Attractive rebates are available for higher Sum Assured.

• Loan facility and optional riders enhance flexibility and protection.

Features and Benefits of LIC Amritbaal Plan 774

LIC Amritbaal 774 is a child savings plan designed to help parents build a secure financial future for their children. It combines guaranteed returns, life protection, and flexible payout options for important milestones like higher education and marriage.

• Guaranteed Additions of ₹80 per ₹1,000 Basic Sum Assured throughout the policy term.

• Flexible premium payment options, including Single Premium and Limited Premium.

• Maturity age can be selected between 18 and 25 years.

• Customizable life cover with multiple death benefit options.

• Maturity benefit includes Sum Assured plus accrued Guaranteed Additions.

• Death benefit can be received as a lump sum or in instalments.

• Premium Waiver Benefit Rider ensures policy continuity in unforeseen circumstances.

• Loan facility and high Sum Assured rebates enhance overall flexibility.

Features and Benefits of LIC Bima Jyoti 760

LIC Bima Jyoti 760 is a non-linked, non-participating savings plan that offers guaranteed returns along with life insurance protection. It is ideal for individuals seeking predictable maturity benefits and financial security.

• Guaranteed Additions of ₹50 per ₹1,000 Basic Sum Assured every policy year.

• Flexible premium payment modes, yearly, half-yearly, quarterly, and monthly.

• Comprehensive life cover throughout the policy term.

• Maturity benefit includes Basic Sum Assured plus accrued Guaranteed Additions.

• Death benefit provides Sum Assured on Death along with accumulated Guaranteed Additions.

• Death benefit is subject to a minimum of 105% of total premiums paid.

• Loan facility is available to meet urgent financial requirements.

• Suitable for investors seeking stable, guaranteed wealth creation.

Features and Benefits of LIC Nav Jeevan Shree Plan 912

LIC Nav Jeevan Shree 912 is a premium savings and protection plan that combines guaranteed wealth creation with comprehensive life cover. It is ideal for individuals seeking predictable returns along with financial security.

• Offers a combination of savings, guaranteed returns, and life protection.

• Guaranteed Additions accrue annually at attractive rates throughout the policy term.

• Flexible premium payment terms of 6, 8, 10, or 12 years.

• Policy terms are available from 10 to 20 years.

• Maturity and death benefits can be received as a lump sum or in instalments.

• Optional riders provide enhanced financial protection.

• Attractive rebates are available for higher Sum Assured and eligible policyholders.

• Loan facility is available to meet emergency financial needs.

Features and Benefits of LIC Nav Jeevan Shree Single Premium Plan 911

LIC Nav Jeevan Shree Single Premium Plan 911 is a one-time investment plan that offers guaranteed returns, life protection, and complete peace of mind. It is ideal for investors seeking long-term wealth creation without recurring premium commitments.

• Requires only a single premium payment at policy inception.

• Offers flexible policy terms ranging from 10 to 20 years.

• Two death benefit options are available to suit individual protection needs.

• Guaranteed Additions accrue every year at ₹85 per ₹1,000 of Basic Sum Assured.

• Maturity and death benefits can be received as a lump sum or in instalments.

• Attractive rebates are available for higher Sum Assured.

• Loan facility is available after the waiting period for liquidity needs.

• Provides guaranteed, market-independent returns with life insurance protection.

Features and Benefits of LIC Bima Lakshmi 881

LIC Bima Lakshmi 881 is a specially designed insurance plan for women that combines savings, life protection, and periodic payouts. It helps women build wealth while ensuring long-term financial security.

• Designed exclusively for women, offering protection, savings, and periodic money-back benefits.

• Guaranteed Additions accrue throughout the premium-paying term, enhancing maturity value.

• Flexible premium payment terms ranging from 7 to 15 years.

• Three survival benefit options allow customization based on financial goals.

• Maturity and death benefits can be received in lump sum or convenient instalments.

• High Sum Assured, online purchase, and existing policyholder incentives enhance overall returns.

• Loan facility is available after payment of at least one full year's premium.

• Optional riders provide additional financial protection against unforeseen events.

Other LIC Endowment Plans

• LIC Jeevan Pragati Plan

• LIC Jeevan Rakshak Plan

• LIC Aadhar Shila Plan

• LIC Aadhar Stambh Plan

• LIC Dhan Varsha

• LIC Bima Ratna

Note: The LIC endowment plans have been withdrawn and are no longer available for new purchases. However, individuals with these policies can still enjoy the promised benefits. 

Summing Up

LIC Endowment Plans are among the most trusted life insurance solutions for individuals seeking financial security, guaranteed savings, and long-term wealth creation. With a wide range of options, attractive bonus benefits, flexible policy terms, and comprehensive life cover, these plans cater to diverse financial needs. Whether your goal is family protection, child planning, retirement, or wealth accumulation, choosing the right LIC Endowment Policy can help you achieve your milestones with confidence, stability, and complete peace of mind.

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