Back to MarketplaceRECOMMENDED
LIC — Endowment Plans
LIC's Jeevan Lakshya (Plan 733)
Premium
₹130/Day
Sum Assured
₹2 Lakh - No Limit
Term
13-25 Years
Premium Paying
Policy Term minus 3 years
Key Features
Annual Income Benefit to family on policyholder's death
10% of Basic SA paid yearly to nominee till maturity
Lump sum at maturity even if policyholder survives
Simple Reversionary Bonuses + Final Additional Bonus
Ideal for parents - protects children's future goals
Loan facility available
Tax benefits under Section 80C & 10(10D)
High Sum Assured Rebate for SA above ₹4 Lakh
Benefits
Maturity Benefit
Sum Assured on Maturity (= Basic SA) + Vested Simple Reversionary Bonuses + Final Additional Bonus
Death Benefit
Higher of 7x Annualized Premium OR (110% of Basic SA payable at maturity + Annual Income Benefit of 10% of Basic SA paid yearly till maturity) + Vested Bonuses. Min 105% of premiums paid.
Available Riders
Accident Benefit RiderPremium Waiver Benefit RiderTerm Assurance Rider
Eligibility
Age: 18-50 years, Min SA ₹2 Lakh, PPT = PT - 3 years
Highlights
Family protection plan with annual income benefit - protects children's future