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Jan 2, 2020 · Content on this website is published and managed by Life Insurance Corporation of India. Corporate Office : Yogakshema Building, Jeevan Bima Marg, P.O. Box No – 19953, Mumbai – 400 021 IRDAI Reg No- 512 Life Insurance Corporation of India, Administrative Officer, Corporate Communication Dept.
Major benefits of LIC Jeevan Labh policy are as follows: Maturity Benefit - On maturity of the policy, the policyholder will receive the Sum Assured on Maturity as a lump sum, which is equal to Basic Sum Assured plus vested Simple Reversionary Bonuses, and Final Additional Bonus, if any.
LIC Jeevan Labh Policy is a traditional, non-linked, with-profits plan offering investment and insurance benefits. It is a limited premium payment plan – you don’t have to pay the premiums for the entire duration of the term of the policy.
CALCULATE PREMIUM. LIC Jeevan Labh Online. Most popular Life Insurance and Tax Saving plan in INDIA. Limited Premium / Short Term Plan. Pay premium for short term and enjoy life cover for longer term without premium payment. Higher Bonus Rates.
LIC Jeevan Labh 936 Premium - Best-selling endowment insurance plan offered by LIC. LIC's jeevan Labh ensures both death & maturity benefits for both policyholder & nominees.
The Jeevan Labh LIC plan is a non-linked, with-profits, limited premium payment, endowment plan offered by the Life Insurance Corporation of India. The plan provides a lump sum benefit at the end of the policy term, along with death and maturity benefits.
Maturity Benefits. In Jeevan Labh, a policyholder needs to pay premium during Premium Paying Term (PPT) and then the policyholder has to wait for completion of Policy Term and on the completion Policy Term, Jeevan Labh provides maturity amount which is equal to Basic Sum Assured + Simple Revisionary Bonus + Final Addition Bonus (FAB), if any.
