| Feature / Parameter | LIC Jeevan Labh (936) | LIC Jeevan Umang (945) | LIC New Endowment (914) | LIC Jeevan Lakshya (933) |
|---|---|---|---|---|
| Plan Category | Limited Pay Endowment | Whole Life & Pension | Regular Endowment | Child & Family Income |
| Sample Term & PPT | Term 25 Yrs / PPT 16 Yrs | Cover till 100 / PPT 15 Yrs | Term 25 Yrs / PPT 25 Yrs | Term 25 Yrs / PPT 22 Yrs |
| Maturity for ₹5L SA | ₹ 13,25,000 | ₹ 40,000/yr for life + ₹ 9.5L at 100 | ₹ 13,25,000 | ₹ 13,00,000 |
| Special Unique Benefit | High bonus with shortest payment commitment | Guaranteed 8% annual survival income for lifetime | Maximum flexibility in policy term (12-35 yrs) | 10% annual income on death + 110% SA on maturity |
| Loan & Surrender | After 2 full years | After 2 full years | After 2 full years | After 2 full years |
| Tax Benefits | Sec 80C & Sec 10(10D) Tax-Free | Sec 80C & Sec 10(10D) Tax-Free | Sec 80C & Sec 10(10D) Tax-Free | Sec 80C & Sec 10(10D) Tax-Free |
| Launch Calculator | Calculate 936 → | Calculate 945 → | Calculate 914 → | Calculate 933 → |
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Calculate Top LIC Policies
Directly evaluate premiums and maturity returns for popular plans.
Frequently Asked Questions on Comparing LIC Plans
How to choose the ideal plan for your age, budget, and family goals.
Q1: Which LIC plan gives the highest maturity returns?
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LIC Jeevan Labh (936) generally delivers the highest simple reversionary bonus rates (₹44 - ₹48/1000 SA/yr) combined with substantial Final Additional Bonus (FAB) for long terms, resulting in top maturity returns among endowment products.
Q2: Which plan is best suited for lifelong pension income?
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LIC Jeevan Umang (945) provides a guaranteed 8% annual survival income for lifetime after PPT till age 99, plus a massive lump sum at age 100. For single premium immediate pensions, LIC Saral Pension (862) is the standard choice.
Q3: Which policy is best for securing my child's education?
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LIC Jeevan Lakshya (933) is unmatched for child education protection because upon parent demise, all future premiums are waived, 10% annual income is paid to the family, and 110% SA + bonuses are paid at maturity.
Q4: Can I combine an Endowment plan with a pure Term plan?
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Yes! Financial advisors strongly recommend a barbell strategy: purchase a large term plan (like Tech Term 854 for ₹1 Crore cover) for family protection, and an endowment plan (like Jeevan Labh 936) for disciplined savings and tax-free wealth creation.