At the end of the term
For an in-force policy, basic sum assured plus vested bonuses and final additional bonus, if any.
Independent LIC agent website. This is not LIC’s official website. Official LIC website ↗
Erode district, Tamil Nadu
Savings with limited premium payments. Plan 736 · UIN 512N304V03. Official documents checked 17 October 2026.
LIC JEEVAN LABH · PLAN NO. 736
Participating, non-linked individual life savings plan. UIN 512N304V03.
ELIGIBILITY & TIMELINE
| Policy term | Pay premiums for | Maximum entry age* |
|---|---|---|
| 16 years | 10 years | 59 years |
| 21 years | 15 years | 54 years |
| 25 years | 16 years | 50 years |
*Nearer birthday. Minimum basic sum assured ₹2 lakh; prescribed increments apply. Applications are subject to underwriting.
UNDERSTAND THE BENEFITS
For an in-force policy, basic sum assured plus vested bonuses and final additional bonus, if any.
In-force death benefit: higher of basic sum assured or seven times annualised premium, plus applicable bonuses; at least 105% of total premiums paid, as defined in the policy.
READ THE SOURCE
Checked 17 October 2026. Read exclusions, paid-up and revival rules, loan conditions, and rider wording before applying.
Common questions
Use the premium details or callback page. LIC confirms policy acceptance, current terms and service requirements.
Current product details: Official LIC documents. Confirm eligibility and benefits in the official brochure and personalised illustration.
Contact
R Murugesan offers LIC guidance in Tamil and English for Erode families.
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