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For all those who were missing the great plan, Jeevan Shree, from LIC, here is a great news. The old plan is re launched as Jeevan Labh (T. No. 836). And also the minimum sum assured is ₹.2,00,000/- only. Here are the salient features of the new plan Jeevan Labh (836) Limited premium paying term Non Linked With Profit Endowment Plan Plan Term and premium paying terms(PPT) are as under: For term 16 years, PPT is 10 years For term 21 years, PPT is 15 years For term 25 years, PPT is 16 years. You can choose term from one of the above options. It is a very good plan with good returns. Also its payment term is less than plan term, which is useful mostly for professionals or short term paying users. Eligibility criteria for the plan is: Minimum age of entry : 8 years Maximum age of entry: 59/54/50 for above terms of 16/21/25 Minimum Sum Assured: 2 Lakhs. Policy benefits include: Death Benefit: Basic Sum Assured Survival Benefit: Basic Sum Assured...

LIC launches New Plan - 830 - Limited Premium Endowment Plan. This is a limited premium paying conventional With-Profits Endowment Assurance plan. The plan is available from Ages 18 years to 62 years with certain conditions. The attractive feature of this plan is that Premium paying term is 8 years or 9 years only, whereas the policy term can be for 12,16, and 21 years as per the choice. Features in short: Premium Paying Term            -           8 or 9 years. Policy Term                             -          12, 16 or  21 years. Minimum Basic Sum Assured -            Rs. 3, 00,000/- Maximum Basic Sum Assured-            No Limit. ...