Offers life insurance, guaranteed savings, and bonus benefits in one plan. Build long-term wealth while securing your family's financial future with a trusted LIC solution
The essentials
LIC's New Endowment Plan is a participating, non-linked life insurance plan that combines financial protection with long-term savings. It offers life cover throughout the policy term, a lump sum maturity benefit on survival, and the opportunity to earn bonuses declared by LIC. Whether you're planning for your child's education, retirement, or other future goals, this plan helps you build disciplined savings while securing your family's financial future with the trusted protection of LIC.
| Parameter | Details |
|---|---|
| Plan Type | Participating, Non-Linked Individual Life Assurance Savings Plan |
| Plan Number | 914 |
| Premium Payment Modes | Yearly, Half-Yearly, Quarterly & Monthly (NACH/Salary Deduction) |
| Entry Age | 8 years to 55 years |
Take the first step today. Our IRDAI-certified advisors will guide you through the entire process — from plan selection to policy issuance.