LIC Plans
Explore our range of Life Insurance Corporation of India (LIC) plans — from savings and protection to retirement and child education. Choose the plan that fits your financial goals.
Popular LIC Plans
LIC New Jeevan Anand (Plan 915)
- Combination of protection and savings.
- Life cover continues even after maturity.
- Participation in profits with bonus facility.
LIC Tech Term Plan
- Online term insurance — affordable premium.
- Option for level or increasing cover.
- Claim settlement ratio above 98%.
LIC Jeevan Labh (Plan 936)
- Limited premium paying, high return endowment.
- Guaranteed maturity benefit + bonus.
- Suitable for short premium duration investors.
LIC New Children’s Money Back Plan
- Designed for children’s education and marriage needs.
- Survival benefits at key ages (18, 20, 22 years).
- Premium waiver if proposer dies during policy term.
LIC Jeevan Akshay VII
- Immediate annuity plan — lifelong pension.
- Option to choose annuity type (single or joint life).
- Suitable for retirement security.
Premium Calculator
You can calculate your premium here using the LIC official calculator or an embedded form.
Open LIC Premium Calculator →Download Forms
Frequently Asked Questions
1. How can I choose the right LIC plan?
Identify your goal — protection, savings, or pension — then compare plan benefits and term. You can also contact Soumendra Samanta for personal guidance.
2. Can I pay LIC premiums online?
Yes, LIC accepts premium payments via online portal, debit/credit card, or UPI through LIC’s official website.
3. What happens if I miss a premium?
LIC provides a grace period of 30 days for yearly, half-yearly, or quarterly payments. The policy lapses if not paid within the grace period.