List of LIC Policies & Insurance Plans – Life Insurance Corporation of India

List of LIC Policies

Complete List of LIC Policies to invest (Endowment, Whole Life, Term Assurance, and Money Back Plans)

When you buy life insurance policy, you give the insurer the cost of an economical loss in exchange for a premium. When something is happened, life insurance serves as a safety net.

When the life to be insured or breadwinner of a family’s members passes away, life insurance policy can help keep the family afloat.

Insurance policy not only protects against uncertainties and risks, but it also serves as a means of investment.

Life insurance allows for systematic savings, because premiums are paid on a regular basis. Insurance companies invest the funds safely so that they can grow and pay when a claim is made.

To make the hustle easier, SugerMint has drawn up a List of LIC Policies in India that you can invest and boost your protection.

Here are the list of LIC policies to consider depending on your financial requirement.

List of LIC Policies

  • Saral Jeevan Bima (Table No: 859)
  • Bima Jyoti (Table No.860)
  • Bachat Plus (Table No: 861)
  • New Endowment Plan (Table No: 914)
  • New Jeevan Anand (Table No: 915)
  • New Bima Bachat (Table No: 916)
  • Jeevan Lakshya (Table No:933)
  • Nivesh Plus (Table No. 849)
  • Tech Term: (Table No. 854)
  • Jeevan Labh (Table No: 936)
  •  Jeevan Akshay VII (Table No. 857)
  •  Aadhaar Stambh (Table No. 843)

1. Saral Jeevan Bima Yojana (Table No: 859)

Saral Jeevan Bima Policy is a standard term insurance and has launched by Life Insurance Corporation of India.

This life insurance is designed to provide pure risk coverage with no requirements for providing documentation when buying the policy.

The Saral Jeevan Bima Yojana (Table No.859) also provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term.

This policy is ideal for those looking to require coverage of up to Rs.25 lakh. This is a Non-Linked, Non-Participating, and Pure Risk Life Insurance.

2. LIC’s Bima Jyoti Yojana (Table No.860)

Bima Jyoti is a Non-Participating,  Individual, Non-Linked,  Limited Premium Payment Life Insurance Savings Plan. Bima Jyoti Yojana offers an attractive combination of savings and protection.

Throughout the policy term, Guaranteed Additions will accrue at the end of each policy year. (Rs. 50 per thousand Basic Sum Assured).

Accident Benefit Rider, Accidental Death and Disability Rider Benefit, New Critical Illness Benefit Rider options available with Bima Jyoti Yojana.

Bima Jyoti Yojana provides guaranteed lumpsum payment to the surviving policyholder at the time of maturity, and financial  support  for the  family  in  case  of  unfortunate  death  of  the  policyholders during the policy term.

Bima Jyoti also loan facility for liquidity needs. It is available at a discounted rate through brokers, intermediaries, agents as well as Online directly through website

3. LIC Bachat Plus (Table No: 861)

Bachat Plus is an Individual, Participating, Non-Linked Life Assurance Savings plan offered by Life Insurance Corporation of India.

Unlike Bima Jyoti plan, Bachat Plus also offers a combination of savings and protection. The premium for Bachat Plus can be paid as a limited premium with a 5-year premium payment term or as a lump sum (single premium).

Bachat Plus also provide loan facility for your financial emergency. The policyholder will have two options for “Sum Assured on Death” under each of these premium payment options.

Bachat  Plus provides financial support of  lump  sum amount at the time of maturity for the surviving policyholders and of the  deceased policyholder any time before maturity .

In Bachat Plus yojana, policyholder can choose to pay the premium either as a Limited period of 5 years or for a Lumpsum (Single Premium).

4. LIC’s New Endowment Plan (Table No: 914)

New Endowment Plan is a participating non-linked plan and offers bonus and guaranteed returns. The new endowment policy also offers an attractive combination of saving and protection features.

This policy offers loan facility for liquidity needs. This is one of the best endowment policy by Life Insurance Corporation of India. The policy term is between 12 to 35 years.

5. LIC’s New Jeevan Anand (Table No: 915)

New Jeevan Anand is a participating non-linked Whole Life Endowment policy by Life Insurance Corporation of India. The plan provides an attractive combination of savings and protection.

New Jeevan Anand also provides financial protection against death throughout the lifetime with the provision of lumpsum payment at the end of the selected term in case of survival of policyholder. It also offer loan facility for your liquidity needs.

6. LIC’s New Bima Bachat Yojana (Table No: 916)

New Bima Bachat is a participating non-linked protection cum endowment plan. In this money-back, premium is paid in lump sum at the outset of the policy.

New Bima Bachat provides financial protection against death during the policy term. The single premium shall be returned along with Loyalty Addition on maturity. New Bima Bachat Yojana also offers loan facility for financial emergency or liquidity needs.

7. LIC’s Jeevan Lakshya Yojaya (Table No:933)

Jeevan Lakshya is a participating non-linked endowment plan by Life Insurance Corporation of India, which provides both insurance and investment benefits.

The Jeevan Lakshya Yojana offers a savings and protection. It provides for Annual Income benefit.

This income benefit may help to fulfill the family needs, primarily for the benefit of children; in case of unfortunate death of Policyholder, any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder. Jeevan Lakshya also offers loan facility.

8. LIC’s Nivesh Plus (Table No. 849)

Nivesh Plus is a single Premium unit-linked insurance (ULIP) that offers the ability to increase your money and to have life cover.

This is a combined investment and insurance strategy. Nivesh Plus is linked to the performance of the stock market (ULIP).

There is no reruns are guaranteed in Nivesh Plus but the amount guaranteed to be paid when the plan matures. Nivesh plus offers growth potential if invested over a long period of time.

9. LIC Tech Term: (Table No. 854)

Tech Term is a non-participating and non-linked online pure risk premium plan by Life Insurance Corporation of India that protects the insured’s family financially in the case of his or her unfortunate death.

The Tech Term offers large cover at affordable premiums. It is an online policy knows as “Online Term Assurance Policy” so it will be available through online application process only and you can be purchased anytime, anywhere at your convenience. You cannot be purchased Tech Term policy offline.

Tech Term also provides financial protection in the event of untimely death of the policyholder during the policy term. The Tech Term is less expensive than other term insurances offered by the Life Insurance Corporation of India.

10. LIC’s Jeevan Labh (Table No: 936)

Jeevan Labh is a non-linked, limited premium paying, and with-profits endowment plan, which provides a combination of protection and savings.

This traditional endowment plan offers financial support for the family in the event of unfortunate death of the policyholder during the policy term, any time before maturity.

Jeevan Labh is a limited premium payment plan – proposer don’t have to pay the premiums for the entire term of the policy. The Jeevan Labh also provides loan facility for liquidity needs of policyholders.

11. LIC Jeevan Akshay VII (Table No. 857)

Jeevan Akshay VII is a one-time-only, non-linked, non-participating, and individual instant annuity plan. It is an annuity plan that pays out right away.

In Jeevan Akshay VII, after receiving a lump sum payment, proposers can choose ten different annuity options. This plan can be purchased offline and online directly through website

12. LIC’s Aadhaar Stambh (Table No. 843)

Aadhaar Stambh Plan is a Non-Linked, Individual, Participating endowment plan, Life Assurance Savings Plan that is available only for Males. It offers a combination of protection and savings. As the name suggests, the Aadhaar Stambh Plan can only purchase by those who have an Aadhar Card.

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This participating endowment plan also takes care of liquidity needs through its loan option as well as Auto Cover facility.  The policyholder will get a lumpsum amount as Maturity Benefit and In case of unfortunate death of the policyholder during the policy term; the plan will provide a financial support to the family.

LIC Policy Name List


  • Aadhaar Shila
  • Saral Jeevan Bima
  • Jeevan Labh
  • Bachat Plus
  • Aadhaar Stambh
  • New Jeevan Anand
  • Bima Jyoti
  • Single Premium Endowment
  • New Bima Bachat
  • Jeevan Lakshya
  • New Endowment Plan

Money Back

  • Jeevan Shiromani
  • Jeevan Umang
  • Bima Shree
  • Jeevan Tarun

Whole Life

  • Jeevan Umang
  • Term Assurance Plans
  • Jeevan Amar
  • Tech-Term Plan


  • Jeevan Akshay – VII
  • Pradhan Mantri Vaya Vandana Yojana
  • New Jeevan Shanti

Unit Linked

  • New Endowment Plus
  • Nivesh Plus

Micro Insurance

  • New Jeevan Mangal
  • Bhagya Lakshmi
  • Micro Bachat Plan


  • Jeevan Arogya
  • Health Protection Plus
  • Cancer Cover