Limited premium paying, non-linked, participating endowment plan offering high savings and tax benefits.
LIC’s Jeevan Labh is one of the most popular endowment plans, combining protection and high bonus yields. It offers excellent tax saving benefits under Section 80C and tax-free maturity under Section 10(10D).
LIC's Jeevan Labh is one of the most popular endowment plans, combining protection and high bonus yields. It offers excellent tax saving benefits under Section 80C and tax-free maturity under Section 10(10D).
| Plan Option | Sum Assured | Policy Term | Approx. Premium | Benefits |
|---|---|---|---|---|
| Tax Saver Min | Rs. 2,00,000 | 16 Years (Pay 10) | Rs. 1,600 / month | Approx. Rs. 3.7 Lakhs Tax-Free Maturity |
| Tax Saver Max | Rs. 10,00,000 | 25 Years (Pay 16) | Rs. 4,600 / month | Approx. Rs. 26.2 Lakhs Tax-Free Maturity |
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