endowment
LIC's Single Premium Endowment Plan
Plan 717UIN 512N283V03
LIC's Single Premium Endowment Plan is a current endowment product listed on the official LIC India product index.
- Plan type: endowment
- Plan number: 717
endowment
LIC's Jeevan Lakshya
Plan 733UIN 512N297V03
An endowment plan currently listed by LIC for protection and savings needs.
At a glance
Key highlights
Plan type
Endowment
Plan number
733
Who should consider this plan?
child education, family protection
Eligibility and policy information
| minimum Entry Age | 18 years (Last birthday) |
|---|---|
| maximum Entry Age | 50 years (nearer birthday) |
| minimum Maturity Age | 31 years (nearer birthday) |
| maximum Maturity Age | 65 years (nearer birthday) |
| policy Term | 13 years |
| premium Paying Term | (Policy Term -3) years |
| minimum Sum Assured | Rs. 2,00,000 |
| maximum Sum Assured | No Limit, subject to |
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly |
| Loan available | Yes |
| Surrender available | No |
Benefits and riders
Death benefit
On death of the Life Assured during the policy term before the stipulated Date of Maturity provided the policy is in- force i.e. all due premiums have been paid, Death Benefit, defined as sum of “Sum Assured on Death”, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where “Sum Assured on Death” is defined as higher of: - 7 times of annualised premium or - Sum of 110% of Basic Sum Assured, which shall be payable on date of maturity and Annual Income Benefit equal to 10% of the Basic Sum Assured, which shall be payable from the policy anniversary coinciding with or following the date of death of Life Assured, till the policy anniversary prior to the date of maturity. Where, (i) “Annualized Premium” shall be the premium payable in a year, excluding taxes, rider premiums, underwriting extra premiums an
Maturity benefit
On Life Assured surviving the policy term, provided the policy is in-force, “Sum Assured on Maturity” along with vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be payable. Where “Sum Assured on Maturity” is equal to Basic Sum Assured. C. Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in-force. In case of death under a policy which is in-force, the policy shall continue to participate in profits upto the date of maturity and the entire vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable on due date of maturity. Hence, the Simple Reversionary Bonus and Final Additional Bonus, if any, shall be payable under
Official documents
Product source on the Official LIC Website (opens in a new tab)
Important disclaimer
Please refer to the official LIC brochure and policy document for complete terms, conditions, exclusions and current availability.
Last verified: 2026-08-01
Personal assistance
Plan with clarity and confidence
Every LIC plan should be considered in the context of your family, financial goals, time horizon, and affordable budget. Atul Rana provides one-to-one guidance using current official plan information.
One-to-one policy consultation
A focused discussion to understand protection needs, budget, and suitable LIC plan options.
Planning for family protection
Helping families consider financial security for the people who depend on them.
Supporting a child's future
Goal-based guidance for education, milestones, and long-term family responsibilities.
Keep exploring
Related active plans
endowment
LIC's New Endowment Plan
Plan 714UIN 512N277V03
A participating individual life insurance savings plan currently listed by LIC.
- Plan type: Endowment
- Plan number: 714
endowment
LIC's New Jeevan Anand
Plan 715UIN 512N279V03
LIC's New Jeevan Anand is a current endowment product listed on the official LIC India product index.
- Plan type: endowment
- Plan number: 715