🔹 LIC Jeevan Lakshya (Plan No. 933)

🔑 Key Features of LIC Jeevan Lakshya.

✅ Life Protection + Savings: Combines insurance cover with maturity benefits.
✅ Annual Income Benefit: In case of death before maturity, a fixed income is paid every year to the nominee.
✅ Maturity Benefit: On survival till maturity, a lump sum is paid including bonuses.
✅ Limited Premium Paying Term: Pay premiums for less time than the policy term.
✅ Participation in Profits: Eligible to receive Simple Reversionary Bonuses and Final Additional Bonus (if any).
✅ Tax Benefits: Enjoy tax deductions under Section 80C and tax-free returns under Section 10(10D).*

In case of policyholder’s unfortunate death during the policy term:

An Annual Income Benefit (10% of Sum Assured) is paid every year till 1 year before maturity.
On maturity date, the Sum Assured on Death + Bonuses are paid to the nominee.
This ensures your family continues to receive financial support.

If the policyholder survives till the end of the policy term:

LIC declares Simple Reversionary Bonus every year.
A Final Additional Bonus may also be payable at the time of maturity or death.

You can enhance your cover with:

Particulars	Details
Plan Type	Endowment with Income Benefit
Entry Age	18 to 50 years
Maximum Maturity Age	65 years
Policy Term	13 to 25 years
Premium Paying Term	Less 3 years Policy Term
Minimum Sum Assured	₹1,00,000
Maximum Sum Assured	No limit (subject to LIC norms)
Premium Payment Modes	Yearly, Half-Yearly, Quarterly, Monthly (ECS)