LIC Jeevan Labh (Plan No. 736)
Limited premium endowment – pay for fewer years, stay covered and get maturity with bonuses.
LIC’s Jeevan Labh (Plan 736) is a limited premium paying endowment plan. You pay premiums for a shorter period than the policy term (for example 16 years for a 25-year policy) while the family is covered for the full term, and on maturity you get the sum assured along with bonuses.
| Plan name | LIC Jeevan Labh |
|---|---|
| Plan number | 736 |
| UIN | 512N304V03 |
| Category | Endowment & Savings Plans |
How LIC Jeevan Labh works
- Choose a policy term of 16, 21 or 25 years; premium paying term is 10, 15 or 16 years respectively.
- Life cover runs for the full policy term.
- On death during the term, the nominee receives the death benefit with vested bonuses.
- On maturity, the basic sum assured plus bonuses is paid as a lump sum.
Who should buy this plan?
- People who want to finish paying premiums before retirement
- Business owners with good income now
- Parents planning a lump sum for a future goal
Important points before you buy
- Bonuses are declared by LIC and are not guaranteed.
- Higher sum assured rebates make bigger policies more cost-effective.
- Riders are available for extra protection.
Living abroad? Read LIC Jeevan Labh for NRIs.
Why buy LIC Jeevan Labh through Vedpal Singh?
- 20+ years of experience with LIC in the Chandigarh tri-city; Development Officer at LIC’s Manimajra branch.
- Honest comparison of plans – we suggest what fits your goal and budget, including term cover where needed.
- Doorstep service for proposal, KYC and medicals in Chandigarh, Mohali, Panchkula and Zirakpur.
- Lifetime after-sales help: premium reminders, loans, nominee change, revival and claim support for your family.
Frequently asked questions
Source: plan details summarised from LIC’s official plan list and brochures on licindia.in. Features, eligibility and rates may change – the latest LIC sales brochure prevails.
Related LIC plans
LIC New Jeevan Anand
Endowment plan with bonuses – and your life cover continues for whole life even after maturity.
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.
LIC New Endowment Plan
Classic LIC savings plan – life cover plus maturity amount with bonuses.
Get LIC Jeevan Labh Quote
Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.