LIC Jeevan Raksha
A pure-risk term protection plan providing a guaranteed, fixed death benefit, launched on LIC's 70th anniversary.
Overview
LIC Jeevan Raksha (Plan 894) is a non-participating, non-linked, individual pure-risk term assurance plan from LIC of India. Its primary purpose is to provide a guaranteed and fixed financial payout to the family if the life assured dies during the policy term. Unlike a savings-oriented plan, it does not offer bonuses or a share in LIC's surplus. Premium payment options include single, regular and limited-premium modes, with special rates available for women. Exact sum assured limits, premium rates and full terms are set out in the official LIC brochure and policy document.
Policy term & premium payment
- Policy term
- As specified in the official LIC brochure
- Premium frequency
- Single / Regular / Limited premium options (as permitted by LIC)
Who may consider this plan
People who want a straightforward, affordable term protection plan focused purely on financial security for their family, rather than savings or investment returns.
Important notes
All figures, eligibility limits and benefit details must be confirmed from the official LIC brochure and policy document before purchase.
This page describes the plan type as published by LIC of India and does not reproduce or estimate premium rates, bonus rates, returns or guarantees. Refer to the official LIC brochure and policy document before purchase. Official source: LIC of India. Verification against the official brochure is carried out by the advisor at the time of enquiry.