LIC JEEVAN LABH
Dec 21, 2025 β’ Sobiya Fatima β’ Discount Sales / Sale & Promotion
Source:
siasat 21 December 2025
π‘οΈ LIC JEEVAN LABH β PLAN NO. 736
Limited Premium β’ Lifetime Security β’ Strong Savings
LICβs Jeevan Labh (736) is a participating, non-linked life insurance savings plan that offers the perfect balance of financial protection and long-term wealth creation, while securing your familyβs future.
π¨βπ©βπ§βπ¦ Who Can Join? (Eligibility)
π Minimum Entry Age: 8 years (completed)
π― Maximum Entry Age:
π 59 years β for 16-year term
π 54 years β for 21-year term
π 50 years β for 25-year term
π° Basic Sum Assured:
Minimum βΉ2,00,000/-
π No maximum limit
β³ Policy Term & Premium Options
π Pay for a limited period, stay covered for longer
π³ Premium Paying Term
π Policy Term
16 Years
10 Years
21 Years
15 Years
25 Years
16 Years
π Major Benefits
π Maturity Benefit
On survival till policy term:
β
Basic Sum Assured
β Simple Reversionary Bonuses
β Final Additional Bonus (if any)
ποΈ Death Benefit
Nominee receives:
πΉ Sum Assured on Death (higher of 7Γ annual premium or Basic Sum Assured)
πΉ Plus accumulated bonuses
π Guaranteed minimum of 105% of total premiums paid
πΈ Tax Advantages
π§Ύ Premium paid: Exempt under Section 80C
π Maturity / Death benefit: Fully exempt under Section 10(10D)
(As per prevailing Income Tax laws)
π¦ Loan Facility
π Loan available after 1 year of premium payment
π Feature introduced in the revised Plan 736
β Optional Riders for Extra Protection
Enhance your coverage with additional safety options:
π Accidental Death & Disability Benefit Rider
π Accident Benefit Rider
π‘οΈ New Term Assurance Rider
πΆ Premium Waiver Benefit Rider (for minors)
β Why Choose Jeevan Labh (736)?
βοΈ Limited premium payment
βοΈ Guaranteed life cover
βοΈ Attractive bonuses
βοΈ Tax-efficient savings
βοΈ Trusted LIC assurance
β¨ An ideal plan for parents, salaried individuals, and long-term planners who want secure returns with strong protection.