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LIC Endowment Plans

Savings-plus-protection plans that pay a lump sum on maturity, or to your family earlier.

Explore all 11 LIC endowment plans with premium estimates, benefits, eligibility, policy terms and side-by-side comparisons — explained by a licensed advisor serving Mumbai, Navi Mumbai and Thane.

LIC Endowment Plans — advisory guidance for Indian families

All LIC endowment plans

LIC LIC's Jeevan Azad — Pay for eight years less than the termPlan 868

LIC's Jeevan Azad

Pay for eight years less than the term

  • Fixed maturity amount equal to the sum assured
  • Premium paying term is policy term minus eight years
  • Death benefit of 7x annualised premium or 105% of premiums paid, whichever is higher
  • Simple structure with no bonus uncertainty
LIC LIC's Amritbaal — A child's education fund with guaranteed additionsPlan 874

LIC's Amritbaal

A child's education fund with guaranteed additions

  • Guaranteed addition of ₹80 per ₹1,000 basic sum assured per year
  • Single premium or limited premium options
  • Maturity timed to education milestones
  • Settlement option to receive maturity in instalments

Compare endowment plans at a glance

PlanEntry agePolicy termKey benefitIdeal forTools
Single Premium Endowment Plan90 days to 65 years10 to 25 yearsSingle premium — no renewal reminders to trackPeople with a lump sum in hand who want it locked into a safe, insured savings instrument.Calculate · Compare
LIC's New Endowment Plan8 to 55 years12 to 35 yearsGuaranteed maturity benefit with bonusesFirst-time buyers who want disciplined long-term savings with life cover attached.Calculate · Compare
LIC's New Jeevan Anand18 to 50 years15 to 35 yearsSum assured plus bonuses at maturityBuyers who want a maturity corpus and a lifelong legacy in the same policy.Calculate · Compare
LIC's Jeevan Lakshya18 to 50 years13 to 25 yearsAnnual income benefit of 10% of sum assured to the family after a claimParents protecting a child's education timeline against loss of income.Calculate · Compare
LIC's Jeevan Labh8 to 59 years16, 21 or 25 yearsPremium paying term shorter than the policy termSalaried buyers who want to finish paying before retirement.Calculate · Compare
LIC's Bima Jyoti90 days to 60 years15 to 20 yearsGuaranteed addition of ₹50 per ₹1,000 sum assured each yearConservative savers who want certainty rather than bonus estimates.Calculate · Compare
LIC's Bima Ratna90 days to 55 years15, 20 or 25 yearsSurvival benefit paid in the last years of the termBuyers who want periodic cash flow plus a guaranteed final payout.Calculate · Compare
LIC's Jeevan Azad90 days to 50 years15 to 20 yearsFixed maturity amount equal to the sum assuredPeople who want a fixed, predictable maturity amount with a short paying window.Calculate · Compare
LIC's Amritbaal30 days to 13 years (child)Maturity at age 18 to 25Guaranteed addition of ₹80 per ₹1,000 basic sum assured per yearParents and grandparents saving for school, college or higher studies.Calculate · Compare
LIC's Jeevan Utsav (Regular Income)90 days to 65 yearsWhole life, 5 to 16 pay yearsGuaranteed annual income of 10% of basic sum assuredBuyers looking for a self-funded lifetime income stream.Calculate · Compare
LIC's Jeevan Dhara II20 to 80 yearsDeferment of 5 to 15 yearsAnnuity rates guaranteed at inceptionPeople in their 40s and 50s planning a fixed retirement income.Calculate · Compare

Not sure which endowment plan fits?

Send your age, budget and goal. You will get an honest recommendation — including when the answer is that none of these suit you.

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