LIC's Jeevan Labh Plan vs LIC's Single Premium Endowment Plan
Endowment plansFull plan page →
LIC's Jeevan Labh Plan
- Plan no.
- 736
- UIN
- 512N304V03
- Status
- active
Entry age window8 yrs — 59 yrs
0255075100
Endowment plansFull plan page →
LIC's Single Premium Endowment Plan
- Plan no.
- 717
- UIN
- 512N283V03
- Status
- active
Entry age windowFrom birth — 65 yrs
0255075100
Eligibility & terms
| LIC's Jeevan Labh Plan | LIC's Single Premium Endowment Plan | |
|---|---|---|
| Minimum age at entry | 8 years (completed) | 30 days (completed) |
| Maximum age at entry | 59 years (nearer birthday) for Policy Term 16 years 54 years (nearer birthday) for Policy Term 21 years & 50 years (nearer birthday) for Policy Term 25 years | 65 years (nearer birthday) |
| Maximum age at maturity | 75 years (nearer birthday) | 75 years (nearer birthday) |
| Minimum basic sum assured | ₹ 2,00,000 | ₹ 1,00,000 |
| Maximum basic sum assured | No Limit | No limit Sum Assured will be in multiples of amounts specified below: Basic Sum Assured Range Sum Assured multiple From ₹ 1,00,000/- to ₹ 10,000/- ₹ 2,50,000/- Above ₹ 2,50,000/- ₹ 25,000 |
| Minimum age at maturity | — | 18 years (completed) |
| Minimum policy term | — | 10 years |
| Maximum policy term | — | 25 years |
Riders available
| Rider | LIC's Jeevan Labh Plan | LIC's Single Premium Endowment Plan |
|---|---|---|
| LIC's Accident Benefit Rider | — | |
| LIC's Accidental Death and Disability Benefit Rider | ||
| LIC's New Term Assurance Rider | ||
| LIC's Premium Waiver Benefit Rider | — |
Want the exact premium for each?
Terms differ between these plans, so the fair comparison is your actual premium for your age and cover on each — not a single blended number. Open each plan's calculator, or ask KNATRA directly.