Savings Protection

New Endowment (714)

If you want to secure your family’s financial future, I recommend LIC’s New Endowment. It combines life protection with long-term savings. It is especially useful for building a lump sum for important goals.

Some of its features are:

• Long-term Financial Security: Provides comprehensive life insurance coverage, securing your family’s financial future even in your absence.

• Maturity Benefit: Offers a lump sum payout at maturity, ensuring that your long-term financial goals are met.

• Participation in Profits: Earns bonuses that enhance your savings, contributing to wealth creation over time.

• Flexible Premium Payment Options: Choose from a range of premium payment terms and access policy loans when needed for financial liquidity.

New Jeevan Anand(715)

If you want lifelong cover along with a guaranteed payout, I recommend LIC’s New Jeevan Anand. I’ve seen it work well for people who want to secure their loved ones while also preparing a lump sum for goals like retirement or major family expenses.

Some of its features are:

• Lifelong Protection: Secures your family’s financial future with life coverage even after the policy term ends.

• Maturity Benefit: Provides a lump sum amount along with bonuses on maturity, ensuring financial support when needed.

• Flexible Terms: Offers flexibility in choosing policy terms and premium payment options.

Jeevan Labh(736)

I recommend Jeevan Labh because it helps you build guaranteed savings while also protecting your family. I see it working well when parents want to set aside funds for children’s education or marriage, while still knowing their loved ones are secure if something happens.

Here are some of its features:

• Guaranteed Savings: Accumulate wealth with guaranteed Revisionary & Final Additional bonuses, ensuring financial security and peace of mind at maturity.

• Flexible Premium Payment Options: Choose from multiple premium payment terms that align with your financial planning, offering you flexibility and control.

• Life Cover Protection: Secure your family’s future with life insurance coverage, providing support to your loved ones even in your absence.

• Premium Rebates: Benefit from premium rebates if your Sum Assured is ₹5 lakhs or more, maximizing your savings while ensuring comprehensive coverage.

Nav Jeevan Shree (912)

Planning for your family’s future should feel simple and certain, which is why I recommend LIC’s Nav Jeevan Shree. It offers guaranteed additions along with life cover, giving you peace of mind and reliable growth.

Here’s how the plan supports you:

• Guaranteed Returns with Life Cover: Combines life insurance protection with assured savings, offering peace of mind and future financial support.

• Limited Premium Payments: Pay premiums for a short term (6, 8, 10, or 12 years) and enjoy long-term coverage up to 20 years.

• Guaranteed Additions: Earn fixed yearly additions (up to 9.5% of annual premium), enhancing maturity and death benefits.

• Flexible Protection Options: Choose between two sum assured risk options based on your family’s financial needs and priorities.