Side-by-side summaries of three widely discussed participating LIC plans — with links to official brochures on licindia.in. Educational only; suitability depends on your age, health, income, and goals after a proper consultation.
See focus, entry age, and policy term at a glance — then open the official brochure for full terms.
Whole-life cover, limited-premium savings, or traditional income-style survival benefits — pick the lens, not a ranking.
Product availability changes. We help you shortlist and apply through proper channels after reviewing your needs.
Popular investment & savings plans
Summaries only — confirm current rules on the insurer’s official site before applying.
| Attribute | LIC Jeevan AnandPlan No. 915 | LIC Jeevan LabhPlan No. 736 | LIC Jeevan UmangPlan No. 945 |
|---|---|---|---|
| Plan type | Participating Endowment Plan | Participating Endowment Plan | Whole-Life Participating Plan |
| Entry age | 18 to 50 Years (varies — see brochure) | 8 to 59 Years (varies — see brochure) | 90 Days to 55 Years |
| Policy term | 15 to 35 Years | 16 to 21 Years (premium-paying term) | 100 Years minus Entry Age |
| Key benefit | Whole-Life Protection FocusLump sum at maturity plus lifelong cover after premiums end; bonuses on participating plans are declared, not guaranteed in advance. | Limited-Premium Savings FocusShorter premium-paying term with maturity benefit; participating bonuses depend on LIC declarations. | Traditional Income FocusSurvival benefits after premium-paying term per official brochure; confirm exact percentages on licindia.in. |
Note: Parameters are summaries from official sales brochures on licindia.in — confirm current availability, entry age, and benefits before applying. Participating-plan bonuses are not guaranteed in advance. ULIP and market-linked plans, if discussed elsewhere, carry market risk borne by the policyholder.
Whole-Life Protection Focus
Plan No. 915 · Participating Endowment Plan
Lump sum at maturity plus lifelong cover after premiums end; bonuses on participating plans are declared, not guaranteed in advance.
Entry age: 18 to 50 Years (varies — see brochure)Policy term: 15 to 35 Years
Official LIC documents
Limited-Premium Savings Focus
Plan No. 736 · Participating Endowment Plan
Shorter premium-paying term with maturity benefit; participating bonuses depend on LIC declarations.
Entry age: 8 to 59 Years (varies — see brochure)Policy term: 16 to 21 Years (premium-paying term)
Official LIC documents
Traditional Income Focus
Plan No. 945 · Whole-Life Participating Plan
Survival benefits after premium-paying term per official brochure; confirm exact percentages on licindia.in.
Entry age: 90 Days to 55 YearsPolicy term: 100 Years minus Entry Age
Official LIC documents
Examples only — not recommendations. Final fit needs age, income, existing cover, and underwriting.
Often start with strong term protection, then add endowment-style savings when the budget is stable.
Child education timelines and limited-pay savings plans are common discussion points alongside adequate life cover.
Limited-pay or whole-life participating designs may suit when cash flow and health disclosures allow — always check brochure eligibility.
Use the free plan-fit guide, read the Chennai LIC plans overview, or book a consultation — no premium quotes on this site.
Insurance is the subject matter of solicitation. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
Disclaimer: Sivaprakash Wealth is an independent financial and insurance consultancy run by IRDAI-licensed insurance advisors. We provide advisory services for products from the Life Insurance Corporation of India (LIC) and other general insurance providers. This website is a personal agent platform and is not affiliated with, endorsed by, or the official portal of LIC of India.