LIC Jan Suraksha (Plan No. 880) is a basic and affordable life insurance plan specially introduced to protect families belonging to economically weaker sections of society. The plan is designed with a simple objective — to ensure that even low-income households can access essential life insurance protection at a very minimal cost.
For many families, the sudden loss of an earning member can create severe financial distress. Jan Suraksha addresses this concern by providing a basic life cover that helps dependents manage immediate financial needs such as food, rent, education expenses, or medical costs.
✔ Family Financial Safety: In case of the policyholder’s death, the nominee receives the death benefit, helping the family meet essential expenses.
✔ Affordable Protection: One of the lowest-cost LIC life insurance plans, suitable for people with limited income.
✔ Easy to Maintain: Simple premium payments without complex conditions.
✔ Encourages Insurance Habit: Helps families start their insurance journey with confidence.
✔ Social Security Support: Acts as a safety net for families during unexpected situations.
To understand how LIC Jan Suraksha – 880 works in real life, let us look at a simple and practical example.
Total Premium Paid:
₹800 × 15 years = ₹12,000 (approx)
Death Benefit:
If the policyholder dies during the policy term,
the nominee receives the full ₹2,00,000 sum assured.
This amount can help the family manage basic needs such as daily expenses, rent, education costs, or medical emergencies.
Premium figures are indicative and may vary based on age and LIC norms.
Consider a daily wage worker earning ₹8,000–₹10,000 per month. Paying a premium of around ₹70 per month is manageable. In case of an unfortunate death, the family receives a lump sum that can support them during the most difficult phase of life.
Without insurance, the family may fall into debt. Jan Suraksha ensures that even a small premium can provide meaningful financial relief.
✔ Daily wage earners and helpers
✔ Small vendors and workers
✔ Low-income families seeking basic protection
✔ First-time insurance buyers
LIC Jan Suraksha – 880 is more than just an insurance plan — it is a lifeline for economically weaker families. With extremely low premiums, simple structure, and reliable LIC backing, this plan ensures that financial protection is not limited only to higher-income groups.
For families who believe insurance is expensive or unnecessary, Jan Suraksha proves that even a small step can make a big difference. It is an ideal first step toward financial security, dignity, and peace of mind.