LIC Endowment & Savings Plans
Savings plus protection. You pay premiums for a fixed period, the family is covered throughout, and on maturity you receive a lump sum (with bonuses or guaranteed additions, depending on the plan).
Endowment plans are the classic LIC policies that families have trusted for generations. You save regularly, your family stays protected, and you receive a lump sum on maturity. Participating plans add bonuses declared by LIC, while non-participating plans like the New Bima Jyoti (Plan 890) add guaranteed additions.
Choosing between endowment plans
- Want cover even after maturity? New Jeevan Anand
- Want to finish premiums early? Jeevan Labh
- Want a family goal protected with yearly income? Jeevan Lakshya
- Want a guaranteed, known maturity? Ask us about the New Bima Jyoti (Plan 890) or Bima Platinum (Plan 770) – the older Bima Jyoti (760) has been withdrawn
- Have a lump sum? Single Premium Endowment
Current LIC endowment & savings plans
LIC New Jeevan Anand
Endowment plan with bonuses – and your life cover continues for whole life even after maturity.
View details »LIC Jeevan Labh
Limited premium endowment – pay for fewer years, stay covered and get maturity with bonuses.
View details »LIC Jeevan Lakshya
Goal protection plan – if the parent is not there, the family gets yearly income and the goal amount still comes on maturity.
View details »LIC New Endowment Plan
Classic LIC savings plan – life cover plus maturity amount with bonuses.
View details »LIC Single Premium Endowment Plan
Pay once, stay covered for the full term and get maturity with bonuses.
View details »Other plans in this category
- LIC New Bima Jyoti (launched Aug 2026) (Plan 890) – ask us for details
- LIC Bima Platinum (launched Sep 2026) (Plan 770) – ask us for details
- LIC Nav Jeevan Shree (Plan 912) – ask us for details
- LIC Bima Lakshmi (Plan 881) – ask us for details
- LIC New Jeevan Sathi – Single Premium (Plan 888) – ask us for details
- LIC New Jeevan Sathi – Limited Premium (Plan 889) – ask us for details
Recently withdrawn plans
These plans are no longer available for new buyers. Existing policyholders continue as per their policy terms.
- LIC Bima Jyoti (Plan 760) – withdrawn in the financial year 2026-27
FAQs
Which Endowment & Savings Plans is right for me?
Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.