Bima Lakshmi – 881

LIC Bima Lakshmi (Plan No. 881) is a special, women-centric savings and protection plan designed to empower women with financial independence, guaranteed income, and long-term security. This plan is ideal for women who want assured returns without taking market risks, along with life insurance protection for their family.

Whether you are a working professional, a homemaker, a self-employed woman, or a young entrepreneur, Bima Lakshmi helps you build a strong financial foundation through periodic survival benefits, guaranteed additions, and a maturity payout. The plan focuses on stability, predictability, and confidence.

Key Features of LIC Bima Lakshmi – 881

• Women-Exclusive Plan: Designed exclusively to meet women’s long-term financial needs.
• Non-Linked & Non-Participating: Guaranteed benefits without exposure to market volatility.
• Periodic Survival Benefits: Regular payouts during the policy term at predefined intervals.
• Guaranteed Additions: Assured additions that significantly increase maturity value.
• Maturity Benefit: Lump-sum payout on survival till maturity.
• Life Insurance Cover: Financial protection for the family during the policy term.
• Structured Savings: Encourages disciplined, long-term saving habits.
• Liquidity Support: Survival benefits help meet mid-term financial needs.
• Tax Benefits: Eligible under Sections 80C and 10(10D) as per tax laws.
• LIC Trust & Reliability: Backed by India’s most trusted life insurer.

Benefits of LIC Bima Lakshmi

✔ Financial Independence: Regular survival benefits provide liquidity, empowering women to meet personal and family needs confidently.

✔ Guaranteed Wealth Creation: Guaranteed additions ensure predictable growth of savings without market risk.

✔ Family Protection: Life cover ensures the family is financially secure in case of the policyholder’s death.

✔ Goal-Based Planning: Ideal for education, marriage, business, home purchase, or retirement goals.

✔ Peace of Mind: Stable benefits and LIC backing provide long-term confidence.

Examples & Calculations

Let us understand how LIC Bima Lakshmi – 881 works with a realistic example.

• Age at Entry: 30 years
• Policy Term: 20 years
• Premium Paying Term: 10 years
• Sum Assured: ₹10,00,000
• Annual Premium (Approx): ₹85,000 – ₹90,000

Total Premium Paid:
₹88,000 × 10 years = ₹8,80,000 (approx)

Survival Benefits:
A percentage of Sum Assured is paid at predefined intervals, providing liquidity during the policy term.

Guaranteed Additions:
Guaranteed additions are added as per policy rules, increasing the final maturity value.

Maturity Benefit:
Remaining Sum Assured + Guaranteed Additions
Total Maturity Amount: ₹16,00,000 – ₹18,00,000 (approx)

This maturity amount can be used for retirement planning, asset creation, or future financial independence.

Death Benefit Scenario:
In case of death during the policy term, the nominee receives the death benefit as per policy conditions, ensuring strong financial security.

Premium and benefit figures are indicative and depend on age, policy term, and LIC rules.

Who Should Buy LIC Bima Lakshmi?

✔ Working women planning long-term savings

✔ Homemakers seeking financial independence

✔ Women entrepreneurs and professionals

✔ Women looking for guaranteed income + protection

Conclusion

LIC Bima Lakshmi – 881 is a powerful women-centric life insurance plan that delivers guaranteed returns, periodic income, and family protection. With predictable benefits, zero market risk, and LIC’s trusted backing, this plan is ideal for women who want long-term financial stability and independence.

If you are looking for a secure, disciplined, and empowering financial solution, Bima Lakshmi stands out as a dependable choice for building a confident future.