LIC Jeevan Labh Plan (T-936) is a Limited Premium Paying with Profits Endowment Plan which is suitable for creating a big corpus for children’s marriage purpose. Policyholder can choose to pay a premium for 10 years and maturity at 16th year (Free Risk Cover for 6 years) OR Pay a Premium for 15 years and Maturity at 21 st year ( Free Risk Cover for 6 years) OR Pay Premium for 16 years and Maturity at 25 th year (Free Risk Cover for 9 years).

Why Should I Invest in LIC Jeevan Labh Plan:

• Cover wide age group from 08 to 59 years.
• Starting Early Enables to Build a Big Corpus with Small Savings.
• To Beat Inflation.
• To Ensure Your Financial Stability in Future.
• To Achieve Your Financial Goals.
• To Ensure Financial Stability For Your Dependents.
• Short Term And Long Term Both Options Available.
• Eligible for Bonuses and Final Addition Bonuses declared by LIC.
• Term Rider Benefit Available.
• Double Accident Rider Available.
• PWB Rider is also available in this plan for minors.
• Double Tax Benefit Available (Premium Paid gives 80C Tax Benefit upto Rs. 1,50,,000 and Maturity is also Tax Free under section 10(10D)).
• Loan and Surrender Facility Available.

Maturity Benefit:

• On completion of policy term, Sum Assured + Bonus + Final Addition Bonus will be paid as maturity.

Death Claim Benefit:

• In case of death during policy term of the plan, Sum Assured Along With Bonus and Final Addition Bonus Will Be Paid to the Nominee.

Eligibility Criteria: