LIC – Venna Consultancy

LIC – Life Insurance Explore LIC (Life Insurance Corporation of India)

for comprehensive life insurance solutions that provide financial security and peace of mind for you and your loved ones. Discover a range of policies including endowment plans and whole life insurance.

💰 Savings / Endowment Plans

LIC Savings & Endowment Plans combine life insurance protection with disciplined savings. These plans help you build wealth while securing your family’s future through guaranteed benefits, bonuses, and maturity payouts.

1️⃣ LIC New Endowment – 714

Traditional endowment plan offering life protection, bonuses, and guaranteed maturity benefits.

2️⃣ LIC Jeevan Anand – 715

Endowment plan with lifetime protection and lump-sum maturity benefit.

3️⃣ LIC Jeevan Labh – 736

Limited premium payment plan with guaranteed returns and bonuses.

4️⃣ LIC Jeevan Lakshya – 733

Designed for family protection with goal-based savings benefits.

5️⃣ LIC Jeevan Azad – 768

Short-term endowment plan with simple premiums and guaranteed maturity.

6️⃣ LIC Nav Jeevan Shree – 911 / 912

High-value single premium endowment plan with attractive returns.

7️⃣ LIC Bima Ratna – 764

Limited pay money-back style plan with survival and maturity benefits.

8️⃣ LIC Bima Jyoti – 760

Non-linked, non-participating plan with guaranteed additions.

9️⃣ LIC Bima Lakshmi – 881 (Women Only)

Special savings plan for women with money-back and maturity benefits.

LIC Micro Plans

Affordable life insurance plans designed for low-income groups, offering protection and savings with simple and easy-to-pay premiums.

1️⃣ Micro Bachat – 751

LIC Micro Bachat (Plan 751) is a non-linked, participating micro insurance plan designed for individuals with limited income. It provides life cover along with maturity benefits and bonuses, making it ideal for small savings with protection.

2️⃣ Jan Suraksha – 880

LIC Jan Suraksha (Plan 880) is a simple and low-cost life insurance plan specially designed for economically weaker sections. It offers basic life protection with affordable premiums, ensuring financial security for families.

LIC Money Back Plans

LIC Money Back Plans provide periodic survival benefits along with life insurance protection, ensuring liquidity and long-term financial security.

1️⃣ New Money Back (20 Years) – 720

Offers a perfect balance of protection and liquidity with survival benefits at regular intervals, maturity benefit with bonus, and full life cover even after payouts.

2️⃣ New Money Back (25 Years) – 721

Designed for long-term planning with periodic survival benefits, maturity benefits with bonus, and continuous life insurance protection.

3️⃣ Bima Ratna – 764

A non-linked, non-participating plan offering guaranteed additions, survival benefits at regular intervals, and strong maturity benefits for disciplined long-term savings.

4️⃣ Bima Shree – 748

A high-value money back plan for high net-worth individuals, offering guaranteed and loyalty additions, periodic payouts, and a strong maturity corpus with enhanced life protection.

LIC Children Plans

LIC Children Plans are designed to secure your child’s future by providing financial support for education, marriage, and other important life milestones.

1️⃣ Jeevan Tarun – 734

A participating children’s plan that provides survival benefits at key stages, maturity benefits with bonus, and life cover to ensure continuity of benefits even in case of the parent’s unfortunate demise.

2️⃣ Amrit Baal – 774

A non-linked, non-participating savings plan designed to help parents accumulate a guaranteed maturity corpus for their child’s education or marriage, with flexible premium payment options.

3️⃣ New Children Money Back – 732

Provides periodic survival benefits to meet educational and developmental expenses of the child, along with lump-sum maturity benefits and full life cover throughout the policy term.

LIC Whole Life Plans

LIC Whole Life Plans provide lifelong protection along with regular income and long-term financial security, ensuring peace of mind for you and your family.

1️⃣ Jeevan Umang – 745

A whole life plan offering lifelong protection with annual survival benefits after the premium paying term, along with a lump-sum amount on maturity, show-casing the perfect blend of income and protection.

2️⃣ Jeevan Utsav – 771

A whole life assurance plan that provides guaranteed regular income along with lifelong insurance coverage, helping you enjoy financial freedom and stability throughout your life.

LIC Pension / Annuity Plans

LIC Pension and Annuity Plans are designed to provide a steady, guaranteed income after retirement or at chosen life stages, ensuring long-term financial stability and peace of mind.

1️⃣ LIC Jeevan Shanti – 758

Single premium deferred annuity plan that provides guaranteed pension income after a chosen deferment period for secure retirement planning.

2️⃣ LIC Jeevan Akshay VII – 857

Single premium immediate annuity plan offering guaranteed pension for life, with multiple annuity options to match retirement income needs.

3️⃣ LIC Smart Pension – 879

Flexible annuity plan offering immediate or deferred pension options with guaranteed income and multiple payout choices.

LIC Single Premium Plans

One-time investment plans offering life protection and guaranteed maturity benefits, ideal for individuals seeking simplicity and long-term financial security.

1️⃣ Single Premium Endowment – 717

Designed for individuals preferring a one-time investment, this plan provides life insurance protection throughout the policy term and pays a lump-sum maturity benefit including sum assured and applicable bonuses.

2⃣ Nav Jeevan Shree – 911

A high-value endowment plan offering enhanced life cover, loyalty additions, and attractive maturity benefits, suitable for long-term wealth creation with strong insurance protection.

LIC Term Plans

LIC Term Plans provide pure life insurance protection with high sum assured at affordable premiums, ensuring financial security for your family in critical times.

1️⃣ New Jeevan Amar – 955

A non-linked, non-participating term plan offering strong financial protection with affordable premiums, flexible policy terms, guaranteed sum assured, and optional riders for enhanced coverage.

2️⃣ Yuva Term – 875

Designed for young individuals, this plan offers affordable life insurance protection with flexible premium payment options and optional rider benefits.

3️⃣ Bima Kavach – 887

A pure term insurance plan providing high life cover at affordable premiums, ensuring complete financial security for the family in case of the policyholder’s untimely demise.

4️⃣ LIC Jan Suraksha – 880

A simple and affordable term insurance plan aimed at providing basic life protection to individuals at low premiums, ensuring financial support to the family in case of the policyholder’s untimely death.

LIC ULIP Plans

LIC ULIP Plans combine life insurance protection with market-linked investment options to help you build long-term wealth and achieve financial security.

1️⃣ Endowment Plus – 735

A unit-linked insurance plan offering life cover along with market-linked investment opportunities. It provides multiple fund options suitable for long-term wealth creation and protection.

2️⃣ SIIP – 752

A unit-linked insurance plan designed to offer market-linked returns with life insurance protection, flexible premium payment options, and multiple fund choices for different risk profiles.

3️⃣ Nivesh Plus – 749

A unit-linked single premium life insurance plan offering market-linked returns along with life cover, ideal for individuals making a one-time investment for long-term wealth creation.

4️⃣ Index Plus – 873

A ULIP offering life cover with investment options linked to market indices, suitable for policyholders seeking growth-oriented investments along with insurance protection.

5️⃣ Pension Plus – 867

A unit-linked pension plan designed to help accumulate a retirement corpus through market-linked investments, providing life cover during accumulation and annuity options at vesting.

LIC Mahila Plans

LIC Mahila Plans are specially designed to empower women by offering financial protection, savings, and long-term security tailored to their unique needs.

1️⃣ Bima Lakshmi – 881

A savings life insurance plan specially designed for women, offering periodic survival benefits, guaranteed additions, and a lump-sum maturity benefit along with life cover to support financial independence and long-term security.

LIC – Life Insurance Explore LIC (Life Insurance Corporation of India)

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