Ever noticed how, when markets go wild, people suddenly start talking about “safe” investments again? A friend of mine did exactly that last year after seeing his mutual fund balance swing like a pendulum. His next question was simple: “Is there anything that gives returns and doesn’t make me lose sleep?” That’s where LIC Jeevan Labh 2025 quietly enters the conversation.
This plan has been around for a while, yet in 2025, it’s still one of LIC’s most searched and trusted policies. Why? Because it does something rare in today’s financial world—it mixes guaranteed life cover, disciplined savings, and tax benefits without taking you on a roller coaster ride.
What Exactly Is LIC Jeevan Labh?
LIC Jeevan Labh (Plan 936) is a limited premium, non-linked endowment plan. In simple terms, you pay premiums for a shorter time, but your policy stays active for much longer.
You can choose:
- Pay for 10 years → Cover for 16 years
- Pay for 15 years → Cover for 21 years
- Pay for 16 years → Cover for 25 years
If you survive the full term, you get a lump sum at maturity. If something happens to you during the policy, your family gets the death benefit with bonuses. Either way, money is paid.
Why LIC Jeevan Labh 2025 Is Getting So Much Attention
Here’s the thing. Inflation is hovering around 5–6%. Markets are unpredictable. Fixed deposits barely beat inflation. So where does that leave a cautious saver?
LIC Jeevan Labh 2025 works because:
- Your money is backed by LIC’s government ownership
- Maturity amount is tax-free under Section 10(10D)
- Premiums qualify for 80C deductions up to ₹1.5 lakh
- You’re not exposed to stock market crashes
- You also get annual bonuses, not just fixed returns
Think about it this way—this plan doesn’t chase aggressive growth. It quietly grows your money while protecting your family.
Key Benefits That Actually Matter
1. Solid Death and Maturity Benefits
- Death Benefit: Sum Assured on Death + all bonuses
- Maturity Benefit: Basic Sum Assured + reversionary bonuses + final additional bonus
And yes, the maturity money is completely tax-free.
2. Bonus History That Adds Real Value
LIC has a long history of declaring steady bonuses in the range of ₹50–₹75 per ₹1,000 Sum Assured. Over 20–25 years, this can snowball into a sizable amount.
3. Loan Facility When Life Throws a Curveball
After three years, you can take a loan up to 90% of the surrender value. This is a big relief during emergencies—medical needs, business cash crunch, or urgent family expenses.
4. Optional Riders for Extra Protection
You can add riders like Accidental Death and Disability for a little extra cost. It’s like adding an extra lock to your financial door.
Premiums, Age Limits, and Policy Terms
Here’s what makes the structure flexible and practical:
- Entry Age: 8 to 59 years
- Maximum Maturity Age: 75 years
- Minimum Sum Assured: ₹2 lakh
- No upper limit on Sum Assured
- Payment Modes: Monthly, quarterly, half-yearly, yearly
- Premium Rebates: Available for higher Sum Assured and yearly mode
For example, many people are surprised to know that a ₹5 lakh cover can start at roughly ₹233 per day, depending on age and term.
Who Should Seriously Consider LIC Jeevan Labh?
This plan fits best if you:
- Are salaried or self-employed and want forced savings
- Are planning for children’s education or marriage
- Want a stress-free retirement corpus
- Don’t like watching your money fluctuate daily
- Prefer guaranteed returns over risky growth
In short, it’s ideal for people who value stability over speed.
How to Buy and How Claims Work
You can buy LIC Jeevan Labh:
- Online through licindia.in
- Offline via a licensed LIC agent
Basic documents include Aadhaar, PAN, age proof, and income proof.
For claims, nominees only need:
- Death certificate
- Policy documents
- Bank details
LIC is known for high claim settlement ratios, which adds a lot of trust to this plan.
Is LIC Jeevan Labh 2025 Still Worth It?
Let me be honest—it’s not the fastest way to grow money. But for people who hate financial surprises, this plan still makes a lot of sense in 2025.
You get:
- Long-term savings
- Guaranteed payouts
- Tax efficiency
- Life insurance protection
- Bonus-enhanced returns
Few products offer all five in one place.
Frequently Asked Questions
1. Is LIC Jeevan Labh 2025 better than mutual funds?
It depends on your risk appetite. Mutual funds may offer higher returns but come with market risk. LIC Jeevan Labh 2025 offers guaranteed benefits, stable bonuses, and life cover. If safety and predictability matter more to you than high growth, Jeevan Labh fits better.
2. Can I exit LIC Jeevan Labh before maturity?
Yes, you can surrender the policy after three years. LIC will pay a surrender value based on paid premiums and accumulated bonuses. You can also take a loan instead of surrendering, which often makes more financial sense.
3. Is the maturity amount of LIC Jeevan Labh taxable?
No. As long as the policy meets Section 10(10D) conditions, the full maturity amount is tax-free. Plus, your premiums may qualify for deductions under Section 80C.
