LIC Jeevan Labh (Plan 736) is a popular limited premium, non-linked, participating endowment plan that focuses on long-term savings combined with strong life protection. With flexible premium payment options and attractive maturity benefits, this plan is designed for individuals and families who want guaranteed financial support for future goals such as education, marriage or wealth creation.
• Limited premium payment option with long-term benefits
• Offers Bonus + Final Additional Bonus (as applicable)
• Provides both savings and protection
• Ideal for long-term financial goals
• Loan facility available after acquiring surrender value
• Strong combination of returns, security and flexibility
• Minimum Entry Age: 8 years
• Maximum Entry Age: 59 years
• Policy Term: 16, 21 or 25 years
• Premium Paying Term (PPT): 10, 15 or 16 years (depending on policy term)
• Minimum Sum Assured: ₹2,00,000
• Maximum Sum Assured: No limit (subject to underwriting)
On survival till the end of the policy term, the policyholder receives:
• Sum Assured on Maturity
+
Accrued Bonuses
+
Final Additional Bonus (if applicable)
This lump-sum payout supports major financial milestones and long-term wealth creation.
In case of the policyholder’s unfortunate demise during the term, the nominee receives:
• Sum Assured on Death
+
Accrued Bonuses
This ensures strong financial protection for the family during difficult times.
Policyholders can enhance coverage through optional riders such as:
• Accidental Death & Disability Benefit Rider
• New Term Assurance Rider
• New Critical Illness Rider (where available)
These add-ons offer additional safety and financial security.
After the policy acquires a surrender value, policyholders can avail a loan for financial emergencies. The plan also allows surrendering the policy based on applicable values, offering flexibility during unforeseen circumstances.
• Individuals looking for long-term savings with protection
• Parents planning education or marriage goals for children
• Investors wanting limited premium payment with strong maturity benefits
• People seeking dependable returns with LIC’s bonus structure
• Those wanting a low-risk, disciplined wealth-building plan
LIC Jeevan Labh Plan 736 is a powerful combination of savings, protection and guaranteed financial support. With its bonus-driven structure, limited premium payment options and strong maturity benefits, it stands as an excellent choice for individuals who prefer secure, long-term wealth building. This plan is ideal for families and investors seeking reliable returns backed by LIC’s trust and stability.