LIC's Single Premium Endowment Plan
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
LIC's New Jeevan Sathi - Single Premium is a current endowment product listed on the official LIC India product index.
At a glance
Plan type
endowment
Plan number
888
family protection, long term savings
| minimum Entry Age | (for both lives) |
|---|---|
| policy Term | Option I: 10,15, 20 and 25 |
| premium Paying Term | 1 |
| maximum Sum Assured | allowed to each individual will |
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly, Single Premium |
| Loan available | Yes |
| Surrender available | No |
Options” o Choose the Policy Term. o Opt for payment of Maturity/ Death Benefit in instalments • Benefit of attractive High Sum Assured Rebate. • Rebate for existing Policyholder and Nominee/ Beneficiary of deceased Policyholder 2 • Takes care of liquidity needs through loan facility. • Option to enhance coverage by opting for rider benefits on payment of additional premium for the rider benefits.
On survival of at least one of the lives assured to the stipulated Date of Maturity, “Sum Assured on Maturity” along with accrued Guaranteed Additions, shall be payable; where “Sum Assured on Maturity” is equal to the Basic Sum Assured.
Product source on the Official LIC Website (opens in a new tab)
Please refer to the official LIC brochure and policy document for complete terms, conditions, exclusions and current availability.
Last verified: 2026-08-01
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