Nav Jeevan Shree – 912

LIC Nav Jeevan Shree (Plan No. 912) is a premium endowment life insurance plan designed to provide enhanced life cover along with attractive maturity benefits. It is ideal for individuals seeking long-term financial security, disciplined savings, and reliable protection backed by LIC.

• Premium Endowment Plan: Designed for higher financial protection and savings.
• Enhanced Life Cover: Strong insurance protection for family security.
• Attractive Maturity Benefits: Lump-sum payout on survival till maturity.
• Guaranteed Benefits: Assured returns with clearly defined policy structure.
• Long-Term Savings: Encourages disciplined financial planning.
• Financial Stability: Helps build a strong corpus for future goals.
• Non-Market Linked: Stable benefits without exposure to market risks.
• Family Protection: Death benefit payable during policy term.
• Tax Benefits: Eligible for tax benefits as per prevailing income tax laws.
• Trusted LIC Backing: Assurance of Life Insurance Corporation of India.

Detailed Description

LIC Nav Jeevan Shree (Plan 912) is a thoughtfully crafted endowment life insurance plan aimed at individuals who want a combination of strong life protection and long-term savings. This plan is especially suitable for those seeking premium coverage with assured benefits and financial stability.

One of the key highlights of Nav Jeevan Shree is its enhanced life cover, which ensures that the policyholder’s family remains financially secure in the unfortunate event of death during the policy term. The plan offers peace of mind by providing reliable protection backed by LIC’s strong financial foundation.

Along with protection, the plan focuses on disciplined savings. By paying regular premiums, policyholders gradually build a substantial financial corpus. On survival till maturity, the plan pays an attractive lump-sum maturity benefit, helping achieve major financial goals such as retirement planning, asset creation, or family security.

Nav Jeevan Shree follows a transparent and straightforward structure with clearly defined benefits. Since it is not linked to market performance, policyholders are protected from market volatility and can plan their finances with confidence.

The plan also offers tax benefits on premiums paid and benefits received, subject to prevailing income tax laws, enhancing its overall value as a long-term financial planning tool.

Backed by LIC’s trusted claim settlement record and nationwide presence, Nav Jeevan Shree ensures reliability, stability, and long-term assurance. It is an excellent choice for individuals looking for a premium endowment plan with enhanced life cover and attractive maturity benefits.

Overall, LIC Nav Jeevan Shree – 912 stands out as a dependable endowment plan that combines protection, savings, and guaranteed benefits, helping policyholders secure their financial future with confidence.