Guaranteed Income Plans

A Lifetime of Fixed Cash Flow: Secure Your Future with Every Paycheck. 

·         LIC Jeevan Umang (8% Payout): Transitions into a lifelong wealth-distribution engine after the premium-paying term, delivering a fixed, tax-free annual payout of 8% of the Basic Sum Assured for life.

• LIC Jeevan Utsav - Regular Premium (10% Payout): Elevates the regular income benchmark by locking in a guaranteed 10% annual income payout of the Basic Sum Assured once your premium term concludes.
• LIC Jeevan Utsav - Single Premium (10% to 18% Payout): Offers a premium upfront wealth wrapper where you pay just once to unlock an attractive annual cash flow ranging from 10% to 18% of the sum assured, starting directly from the 7th policy year (depending on entry age).

Immediate and Deferred Annuity Plans

Your Hard-Earned Nest Egg, Transformed into a Lifetime Paycheck.

·     LIC Jeevan Akshay-VII (6% to 7% Immediate Yield): An immediate annuity plan designed to convert a lump sum into an instant lifetime pension, offering returns averaging around 6% to 7% per annum under the preferred "Return of Purchase Price" option.

·     LIC New Jeevan Shanti (9% to 11%+ Deferred Yield): A deferred annuity plan where postponing your payouts for 1 to 12 years allows you to lock in significantly higher guaranteed lifetime interest rates, ranging from 9% to 11% or more based on the deferment period and your entry age.

·     Core Financial Planning Utility: Serves as a foolproof foundation for retirement planning, insulating older adults from market downturns and longevity risk by providing a sovereign-backed, unalterable lifetime paycheck.

Money-Back & Segmented Payout Plans

Smart Liquidity with Steady Cover: Keep Your Goals Right on Track.

·      LIC Bima Lakshmi - Plan 881 (7% Guaranteed Additions): A specialized, high-benefit savings and income plan that accumulates a fixed 7% Guaranteed Addition based on the tabular annual premium dynamically throughout the policy term.

·      Bima Lakshmi Option B (7.5% Payout): Structured for continuous liquidity, returning a predictable 7.5% of the Basic Sum Assured every 2 years as a periodic survival benefit.

      Bima Lakshmi Option C (15% Payout): Structured for larger mid-term goals, returning a substantial 15% of the Basic Sum Assured every 4 years throughout the active policy tenure.

Core Financial Planning Utility: Perfect for families needing regular, periodic injections of tax-efficient capital to fund non-negotiable milestones like higher education, weddings, or asset purchases—all while full life insurance cover remains completely unreduced.