Welcome to your one-stop resource for LIC insurance plans, where purpose and protection collide. Everybody has different risk tolerances and financial objectives. LIC’s wide array of plans provides customised options, whether you’re looking for life insurance, retirement planning, child education savings, or recurring payouts. You can protect your future and the future of your loved ones by making educated decisions with the help of accurate calculators and current plan details.
Endowment Plans
| Sr. No. | Product Name | Plan No. | UIN No. | Brochure PDF |
|---|---|---|---|---|
| 1 | LIC Single Premium Endowment Plan | 717 | 512N283V03 | Download |
| 2 | LIC New Endowment Plan | 714 | 512N277V03 | Download |
| 3 | LIC New Jeevan Anand | 715 | 512N279V03 | Download |
| 4 | LIC Jeevan Lakshya | 733 | 512N297V03 | Download |
| 5 | LIC Jeevan Labh Plan | 736 | 512N304V03 | Download |
| 6 | LIC Amritbaal | 774 | 512N365V02 | Download |
| 7 | LIC Bima Jyoti | 760 | 512N339V03 | Download |
| 8 | LIC Jeevan Azad | 768 | 512N348V02 | Download |
Whole Life Plans
| Sr. No. | Product Name | Plan No. | UIN No. | Brochure PDF |
|---|---|---|---|---|
| 1 | LIC Jeevan Umang | 745 | 512N312V03 | Download |
| 2 | LIC Jeevan Utsav | 771 | 512N363V02 | Download |
Money Back Plans
| Sr. No. | Product Name | Plan No. | UIN No. | Brochure PDF |
|---|---|---|---|---|
| 1 | LIC Bima Shree | 748 | 512N316V03 | Download |
| 2 | LIC New Money Back Plan- 20 Years | 720 | 512N280V03 | Download |
| 3 | LIC New Money Back Plan- 25 years | 721 | 512N278V03 | Download |
| 4 | LIC New Children’s Money Back Plan | 732 | 512N296V03 | Download |
| 5 | LIC Jeevan Tarun | 734 | 512N299V03 | Download |
| 6 | LIC Bima Ratna | 764 | 512N345V02 | Download |
Term Assurance Plans
| Sr. No. | Product Name | Plan No. | UIN No. | Brochure PDF |
|---|---|---|---|---|
| 1 | LIC Digi Term Plan | 876 | 512N356V02 | Download |
| 2 | LIC Digi Credit Life | 878 | 512N358V01 | Download |
| 3 | LIC Yuva Credit Life | 877 | 512N357V01 | Download |
| 4 | LIC Yuva Term | 875 | 512N355V02 | Download |
| 5 | LIC New Tech-Term | 954 | 512N351V01 | Download |
| 6 | LIC New Jeevan Amar | 955 | 512N350V02 | Download |
| 7 | LIC Saral Jeevan Bima | 859 | 512N341V01 | Download |
Riders
| Sr. No. | Product Name | Plan No. | UIN No. | Brochure PDF |
|---|---|---|---|---|
| 1 | LIC Accident Benefit Rider | – | 512B203V03 | Download |
| 2 | LIC Premium Waiver Benefit Rider | – | 512B204V04 | Download |
| 3 | LIC Accidental Death & Disability Benefit Rider | – | 512B209V02 | Download |
| 4 | LIC New Term Assurance Rider | – | 512B210V02 | Download |
| 5 | LIC Linked Accidental Death Benefit Rider | – | 512A211V02 | Download |
Choosing the Right Plan
A number of factors influence which LIC plan is best for you:
- Your financial objective: Are you aiming for total protection, retirement planning, or child education savings?
- Term & Duration: How long are you able to make premium payments? Longer terms might postpone returns but lessen the annual burden.
- Risk appetite: Are you at ease with market-linked investment risk, such as that found in ULIPs, or do you prefer guaranteed returns?
- Liquidity requirement: Is a lump sum maturity acceptable, or do you require regular payouts or money back during the policy term (money back plans)?
- Dependents and benefits: Riders or whole life or term plans may be necessary to safeguard family members in the event of unanticipated circumstances.
Tools & Transparency
On liccalculatorpremium.com, you get more than just a list:
- Plan details: The website makes it simple to download official brochures straight from LIC by providing the Plan No. and UIN (Unique Identification Number) for each plan.
- Calculator tools include premium calculators, returns, surrender value, and maturity. This enables you to test and evaluate plans prior to making a commitment.
- Organisation by category: To save you time and effort, plans are arranged according to their type, such as riders, whole life, money-back, term assurance, endowment, and so on.
Why LIC?
- Trust and legacy: In India, LIC has been a trusted brand for many years.
- Transparent and Regulated: Every plan has a clear brochure and a UIN. LIC’s products are governed by regulations.
- Flexibility: You can modify a plan to fit your needs thanks to riders, a variety of plan types, and the option to select a term, premium payment period, sum assured, etc.
- Financial inclusion: There are options for a variety of demographics, including seniors, families, and young people.
Get Started Today
- Examine premiums, maturity values, and benefits using the calculators.
- To view the terms and conditions of the plan you are interested in, download the official brochure.
- To find the best fit, compare several plans side by side.
- If necessary, speak with LIC or authorised agents, particularly to get clarification on exclusions, medical conditions, or underwriting requirements.
Frequently Asked Questions (FAQs)
What is a UIN (Unique Identification Number)?
Every LIC policy plan has a unique code called a UIN. It guarantees that you can find the official brochure and verify that the information you’re receiving about the plan is correct and approved.
What is the difference between a Term Assurance Plan and a Whole Life Plan?
- Term Assurance: Offers protection for a predetermined amount of time. The benefit is paid if the insured dies within that time frame. If you make it through the term, there is no maturity benefit.
- Whole Life: Provides lifetime coverage (provided premiums are paid). Depending on the plan, it might also provide maturity benefits.
What are Money Back Plans vs Endowment Plans?
- Money Back: Pays periodic portions of the sum assured during the policy term, along with maturity benefits. Excellent for people who want cash flows while the policy is in effect.
- Endowment: With the exception of death benefits, there are typically no payouts until the end of the policy term. Savings and the benefits of final maturity are prioritised.
How do Riders work and do I need them?
Basic plans can optionally include riders. Examples include linked accidental death benefit, accidental death benefit, and premium waiver (in the event that a disability prevents you from paying the premium). Riders add value if you can afford a slightly higher premium and want better protection.
What is a surrender value?
If you choose to cancel the policy before it matures, you can get this sum. The number of years that premiums have been paid, the particular plan regulations, and whether any bonuses have been earned all affect surrender value. Surrender value estimation is aided by LIC calculators.
Are the returns guaranteed?
The type of plan determines the return guarantees.
- In many endowment, whole life, and money back plans, there are guaranteed amounts plus bonuses (where applicable).
- Returns in unit linked plans, or ULIPs, are not entirely guaranteed because they are dependent on market performance.
Always carefully read the brochure to find out which benefits are guaranteed.
Can I change my plan or cancel it?
After specific requirements are fulfilled, surrender and occasionally policy loans are permitted under LIC policies. But when you cancel, you typically forfeit a portion of your premiums (or risk penalties). Each plan has different terms, surrender fees, etc. For details, always consult the brochure or policy document.
How do I decide which LIC plan is best for me?
Consider:
- Your financial goal (e.g. protection, savings, retirement).
- Duration you can commit.
- Ability to pay premium regularly.
- The size of sum assured you need (e.g. to cover liabilities or dependents).
- Whether you need liquidity in the middle (if yes, money back plan or riders).
- Your risk profile (safe & predictable returns vs some exposure to investment risk).