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LIC — Endowment Plans
LIC's Bima Lakshmi (Plan 881)
Premium
₹140/Day
Sum Assured
₹1 Lakh - No Limit
Term
15-25 Years
Premium Paying
Same as Policy Term
Key Features
New endowment plan with comprehensive benefits
Participation in profits - reversionary bonuses
Final Additional Bonus
Loan facility available
Tax benefits under Section 80C & 10(10D)
Available through agents and online
Benefits
Maturity Benefit
Sum Assured on Maturity + Vested Bonuses + Final Additional Bonus
Death Benefit
Higher of 7x Annualized Premium or 125% of Basic SA + Vested Bonuses
Available Riders
Accident Benefit RiderPremium Waiver Benefit Rider
Eligibility
Age: 8-60 years, Min SA ₹1 Lakh
Highlights
Lakshmi - the goddess of wealth, plan for prosperity and protection