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LIC's New Jeevan Sathi – Single Premium

One payment for long-term savings and protection

A single-premium endowment plan designed to provide life cover with a maturity benefit through one upfront payment.

Who it suits: People with a lump sum who want a simple, one-time premium savings plan with life protection.

  • Endowment
  • One payment for long-term savings and protection
  • Maturity Benefit
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LIC plan reference: 888

LIC LIC's New Jeevan Sathi – Single Premium endowment plans illustration

Eligibility at a glance

Entry age
90 days to 65 years
Maturity age
Up to 75 years (plan dependent)
Sum assured
₹1,00,000 and above
Policy term
10 to 25 years
Premium modes
Yearly, half-yearly, quarterly, monthly (NACH) and salary savings scheme

Key benefits

  • Single premium with no recurring payment commitment
  • Maturity benefit at the end of the selected policy term
  • Life cover throughout the policy term
  • Loan and surrender benefits subject to plan terms

Estimate your LIC's New Jeevan Sathi – Single Premium premium and maturity value

LIC Premium & Maturity Calculator

Estimates from publicly published LIC rate tables. Not a quotation.

Yearly premium
₹3,30,901
First instalment
₹3,30,901
Renewal instalment
₹3,30,901
Total outgo over the term
₹49,63,511
Estimated maturity value
₹8,75,000
Indicative surrender value (mid-term)
₹10,58,882
Get an exact LIC quotation

Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.

Want an exact LIC illustration?

Your estimate is ready. For an official quotation and a suitability discussion on LIC's New Jeevan Sathi – Single Premium:

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This plan may not be ideal if…

  • You need the maximum possible life cover for the lowest premium — a term assurance plan does that better.
  • You may need the money back within the first few years; early surrender values are low.
  • You expect market-linked returns; participating LIC returns are steadier but more modest.
  • Your income is irregular and you cannot commit to the full premium paying term.

Frequently asked questions

Get advice on LIC's New Jeevan Sathi – Single Premium

Send your age and budget and you will get an official LIC quotation plus an honest view on whether this plan is the right fit.

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This page describes LIC's New Jeevan Sathi – Single Premium in our own words, based on LIC's published product literature. For the binding terms, always refer to the official policy document issued by Life Insurance Corporation of India.