LIC New Jeevan Sathi – Single Premium
A joint-life endowment plan for married couples, covering both spouses under one policy with a single one-time premium.
Overview
LIC New Jeevan Sathi – Single Premium (Plan 888) is a non-linked, non-participating joint-life endowment plan from LIC of India, designed for married couples. One spouse is the Primary Life Assured and the other the Secondary Life Assured, both covered under a single policy paid for with one lump-sum premium. The plan builds guaranteed additions over the policy term and pays a maturity benefit if at least one spouse survives the term. Exact sum assured limits, guaranteed addition rates, death benefit options 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 premium (one-time payment)
Who may consider this plan
Married couples who want joint life cover and guaranteed savings without ongoing premium payments, and who have a lump sum available upfront.
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.