Jeevan Labh

  • Single Payment Endowment plan provides Protection, Savings and Life Cover
  • This plan offers the guaranteed risk cover of 125% of Sum Assured from Day 1 which increases every year as LIC declared the yearly bonus
  • You will get the Sum Assured along with Yearly bonus and final bonus on Maturity
  • This plan also has the option of taking the Maturity proceeds in installments as the policy-holder can choose the no of year as 5, 10 or 15.
  • In a similar way, the policyholder also has the option of choosing the death benefit in installments.
  • LIC offer the discount in premium in case of high Sum Assured
  • The loan is also available to the policyholder after the completion of 1 year of the policy

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