LIC Jeevan Lakshya is a non-linked, non-participating endowment life insurance plan that combines life cover with disciplined savings. Designed for individuals with clear financial goals—be it children’s education, marriage or building a legacy—it lets you protect your family while systematically building a corpus for your future.
You select the Basic Sum Assured and policy term (typically aligned with your goal horizon). Pay premiums during this term; on death of the insured during policy term, nominees receive Sum Assured on Death plus any accrued additions. On survival to the end of the term, you receive Sum Assured on Maturity plus additional benefits, providing a lump sum when your goal arrives.
• Protection + Savings: Combines life cover with maturity benefit so your financial goal remains funded.
• Flexible Term & Premiums: Choose a policy term that matches your target date and premium frequency suited to your cash-flow.
• Specified Sum Assured Options: You pick a sum that aligns with your objective—whether ₹5 lakh or higher—making it goal-oriented.
• Loan Facility: After a defined duration, you may access loans against the policy, providing liquidity if needed.
• Young professionals planning for specific milestones such as children’s education or initial business funding.
• Individuals who prefer predictable outcomes with life cover rather than dealing with market fluctuations.
• People with mid-term horizon (10-20 years) looking for disciplined savings plus family protection wrapped into one plan.
• Confirm that the term of the plan aligns with your goal date so that maturity payout arrives when needed.
• Ensure the Basic Sum Assured is adequate relative to your goal amount and inflation expectations.
• Review benefit illustrations and understand what happens in case of lapse or surrender—early exit often reduces expected returns.
• Compare this plan with alternative savings or investment products to check for better returns or flexibility for your timeline.
LIC Jeevan Lakshya (Plan No. 733) offers a clear, structured way to combine protection and savings for your financial goals.
By selecting the right sum assured, aligning the term with your target date, and staying disciplined with premiums, you set yourself on a path to achieve your milestone with both security and calm.
Lock in protection today, save with purpose, and let your goals be met with clarity.