LIC Jeevan Labh Yojana 2026 (Plan No. 936) is a non-linked participating endowment plan from Life Insurance Corporation of India. It’s a policy only for a specific number of premiums. LIC’s few life-risk cover plus-saving combinations plan are great for all those people looking at a dependably higher return thing. So much this policy is significantly amongst LIC’s preferred plans for the family’s protection and goal funding in this year 2026.
Why Choose Jeevan Labh in 2026?
The unique benefit of this plan is a combination of risk-free cubicle protection and wealth building aspects. The less-paying premiums are there yet the benefits persist for a long span of time. It is perfectly apt for parents planning for the education of children/marriage, young professionals planning a corpus, or simply anyone doing disciplined saving with life risk cover.
Key Features and Benefits
The policyholder will get a fixed sum assured along with simple reversionary and final additional bonus. Claim to Insurance in Case of Death – In the event of demise during the insured period’s term, the insured shall become entitled to the summarized assured plus bonuses. If the policyholder survives the period of the policy, they will be eligible to claim only the total amount assured.
| Parameter | Details |
|---|---|
| Minimum Sum Assured | ₹2,00,000 |
| Minimum Age at Entry | 8 years |
| Maximum Age at Entry | 59 years |
| Premium Paying Term | 10 / 15 / 16 years |
| Policy Term | 16 / 21 / 25 years |
| Minimum Annual Premium | Varies by age, term & sum assured |
| Maturity Benefit | Sum Assured + Simple Reversionary Bonus + Final Additional Bonus |
| Death Benefit | Sum Assured on Death + Bonuses |
Flexible Premium Payment Options
Premiums are payable yearly, half-yearly, quarterly, or on the monthly mode, and those opting for higher sum assured and higher frequency of premium payments will be offered handsome discounts. A loan facility is available at the end of completion of the policy term for the totally or partially surrendered policy. This gives the policyholders some sense of liquidity during an emergency.
Tax Benefits
Premiums are made to comply with section 80C as above. Also, under Section 10(10D) of the Act, the principal amount as well as the bonus will be tax-free provided that and as per the timely announcement of Income Tax rules. In this context, Jeevan Labh is tax-savvy in investing for the long term.
Who Should Purchase LIC Jeevan Labh?
Parents saving for children’s future, salaried individuals looking for disciplined savings, and anyone wanting guaranteed returns with life cover find this plan perfect. It provides peace of mind and financial discipline without market risk.
Always check the latest premium rates, bonus declarations, and policy conditions on the official LIC website or through an LIC advisor before investing. LIC Jeevan Labh Yojana 2026 remains a dependable choice for secure family protection and wealth building.
Also read: DA Arrears 2026: Timeline, Amounts and 8th Pay Commission Impact