New Endowment Plan
New Jeevan Anand
Jeevan Rakshak
Limited Premium Endowment
New Jeevan Lakshya
Jeevan Labh
Jeevan Pragati
Jeevan Umang
Aadhar Stambh (for Male)
Aadhar Shila (For Female)


 New Money Back Plan - 20 Yrs
New Money Back Plan - 25 Yrs
New Bima Bachat
Jeevan Shiromani


 Single Premium Endowment Plan
New Bima Bachat
New Jeevan Nidhi Single Premium
Pradhan Mantri Senior Citizen


 Anmol Jeevan II
Amulya Jeevan II
Cancer Cover


New Children Money Back (0-12 age)
Jeevan Tarun (0-12 years of age)
Single Premium Endowment (0-65 age)
Jeevan Utkarsh (6 -47 years of age)
Aadhar Stambh (8-55 years of age)
Aadhar Shila (8-55 years of age)


New Jeevan Nidhi
 Jeevan Akshay-VI
Pradhan Mantri Senior Citizen

Jeevan Utkarsh - Life Insurance Policy
(Single premium life insurance plan)

LIC’s Jeevan Utkarsh offers a combination of protection and savings wherein the risk cover is ten times of Tabular Single premium. The proposer will have an option to choose the Basic Sum Assured. The single premium payable shall depend on the chosen Basic Sum Assured and age at entry of the life assured.In addition, this plan also takes care of liquidity need through loan facility.It is a close ended plan which shall be available for sale for a maximum period of 270 days from the date of launch.

a)Death Benefit:On death during first five policy years:Before the date of commencement of risk: Refund of single premium without interest.After the date of commencement of risk: “Sum Assured on Death” shall be payable.Single Premium mentioned above shall not include any taxes, extra premium chargeable under the policy due to underwriting decision and rider premium, if any.


On death after completion of five policy years but before the stipulated Date of Maturity:“Sum Assured on Death” along with Loyalty Addition, if any, shall be payable.Where “Sum Assured on Death” is defined as the highest of 125% of the single premium; or Guaranteed Sum Assured on Maturity i.e. Basic Sum Assured ; or “Absolute amount assured to be paid on death” i.e. 10 times of Tabular Single Premium Tabular single premiums mentioned above shall not include any extra amount if charged under the policy due to underwriting decision or taxes and is before applying any rebate for high Basic Sum Assured.b)Maturity Benefit:“Sum Assured on Maturity” along with Loyalty Addition, if any, shall be payable.Where, “Sum Assured on Maturity” is equal to Basic Sum Assured.c)Loyalty Addition:Depending upon the Corporation’s experience the policies under this plan shall be eligible for Loyalty Addition at the time of exit after completion of five policy years in the form of Death during the policy term or Maturity, at such rate and on such terms as may be declared by the Corporation.In addition, Loyalty Addition, if any, shall also be considered in Special Surrender Value calculation on surrender of policy during the policy term, provided the policy has completed five policy years.2.OPTIONAL BENEFIT: The policyholder has an option of availing LIC’s Accidental Death and Disability Benefit Rider(UIN: 512B209V01).The premium for this rider shall not exceed 30% of premium under base plan and the rider sum assured shall not exceed the Basic Sum Assured.



a) Minimum Age at entry : 6 years (completed)
b) Maximum Age at entry : 47 years (nearest birthday)
c) Minimum Basic Sum Assured : 75,000/-
d) Maximum Basic Sum Assured : No Limit

(Basic Sum Assured shall be in multiples of:
Rs. 5,000 – if Basic Sum Assured is below Rs. 3,00,000
Rs. 20,000 – if Basic Sum Assured is Rs. 3,00,000 and above)

e) Policy Term 12 years
f) Premium payment mode : Single premium only


Basic Sum Assured Reduction in tabular single premium per Rs. 1000/- Basic Sum Assured
Rs. 75000 to Rs. 1,45,000 Nil
Rs. 1,50,000 to Rs. 2,95,000 Rs. 15
Rs. 3,00,000 to Rs. 4,80,000 Rs. 20
Rs. 5,00,000 and above Rs. 256.

SURRENDER VALUE:The policy can be surrendered at any time during the policy year.The Guaranteed Surrender Value allowable shall be as under:
First year: 70% of the Single premium paid
Thereafter: 90% of the Single premium paid
Single premium referred above shall not include taxes, extra amount chargeable under the policy due to underwriting decision and rider premium, if any.The Corporation shall pay Special Surrender Value as applicable on date of surrender provided the same is higher than Guaranteed Surrender Value. The Special Surrender Value is reviewable and shall be determined by the Corporation from time to time subject to prior approval of IRDAI. The policyholder is advised to check the same from the branch office before surrendering the policy.

POLICY LOAN:Loan can be availed under this plan at any time during the policy term after three months from completion of the policy (i.e. 3 months from the Date of issuance of policy) or after expiry of the free-look period, whichever is later subject to the terms and conditions as the Corporation may specify from time to time.The interest rate to be charged for policy loan shall be determined at periodic interval. For financial year 2017-18, the applicable interest rate is 10% p.a compounding half yearly. The maximum loan that can be granted shall be 90% of the surrender value.Any loan outstanding along with interest shall be recovered from claim proceeds at the time of termination of the policy.

TAX:Statutory Taxes, if any, imposed on such insurance plans by the Govt. of India or any other constitutional Tax Authority of India shall be as per the Tax laws and the rate of tax as applicable from time to time.The amount of applicable taxes, as per the prevailing rates, shall be payable by the policyholder on premiums payable under the policy, which shall be collected separately over and above in addition to the premiums payable by the policyholder.The amount of Tax paid shall not be considered for the calculation of benefits payable under the plan.9.FREE LOOK PERIOD:If the Policyholder is not satisfied with the “Terms and Conditions” of the policy, the policy may be returned to the Corporation within 15 days from the date of receipt of the policy bond stating the reason of objections. On receipt of the same the Corporation shall cancel the policy and return the amount of single premium deposited after deducting the proportionate risk premium (for base plan and rider, if any) for the period on cover, expenses incurred on medical examination, special reports, if any and stamp duty charges.


Tel. 09990376448, 09811109385 | Website: | Email: