LIC will introduce the Jeevan Labh-836 plan on January 4, 2016, a limited premium paying, non-linked endowment plan that provides death benefits of sum assured plus bonuses plus final additional bonus or maturity benefits of sum assured on maturity plus bonuses plus final additional bonus, with optional riders, minimum entry age of 8 years, maximum maturity age of 75, and terms of 16, 21, or 25 years.

1. LIC'S NEW PLAN JEEVAN LABH- (T. NO.836)
✅ To be introduced on 4-1-2016.
✅ This is a ltd. Premium Paying non linked with profit endowment plan.
✅ On Death - S.A + BONUS + FAB
SA NOT LESS THAN 105% OF TOTAL PREMIUM PAID AS ON DATE OF DEATH.
✅ Maturity Benefit-
SA ON MATURITY + BONUS + FAB
✅ TR & DAB IS OPTIONAL
✅ Min Age @ entry- 8 years completed
✅ Max maturity Age-75 nbd
✅ Term & premium paying term -16 (10), 21 (15), 25 (16)
✅ Min SA 2 LAC. Then in multiplication of 10,000.
✅ MAXI. NO LIMIT.
✅ Commencement of risk- immediate.
✅ Modes allowed.
ALL With ECS & SSS.
✅ Loan - yes.
✅ Back dating allowed.
✅ PROPOSAL FORMS 302/342/362 AS APPLICABLE.