Independent LIC agent website. This is not LIC’s official website. Official LIC website ↗
Erode district, Tamil Nadu
Understand the differences before you choose. Compare the commitment, benefits and conditions side by side.
Compare three savings plans. These are not term insurance or pension plans.
| Compare | New Endowment714 · 512N277V03 | New Jeevan Anand715 · 512N279V03 | Jeevan Labh736 · 512N304V03 |
|---|---|---|---|
| Purpose | Savings with life cover | Savings with lifelong death cover | Savings with limited premium payments |
| Entry age (years) | 8–50; maturity 20–75 | 18–50; maturity up to 75 | 8–59 / 54 / 50 for terms 16 / 21 / 25; maturity up to 75 |
| Policy term | 12–35 years | 15–35 years | 16 / 21 / 25 years |
| Premium-paying term | Throughout the policy term | Throughout the policy term | 10 / 15 / 16 years respectively |
| Benefits | Death cover during the term; basic sum assured at maturity plus vested bonuses, if any, while in force. | Maturity benefit plus vested bonuses, if any; basic sum assured payable on death after the policy term, subject to conditions. | Death cover during the term; basic sum assured at maturity plus vested bonuses, if any, while in force. |
| Documents | Official brochures & policy wording ↗ | Official brochures & policy wording ↗ | Official brochures & policy wording ↗ |
Future bonuses are not guaranteed. Lapse, paid-up, surrender, exclusions and loan conditions apply; early exit can return less than premiums paid. Read each plan's current policy wording. Official LIC plan directory ↗
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