← Back to all LIC Plans
Plan No. 860Endowment
LIC's Bima Jyoti
"Guaranteed additions for a stable future."
A non-linked, non-participating, individual life insurance savings plan providing guaranteed additions at the rate of ₹50 per thousand basic sum assured every year.
Key Features
- ✓Guaranteed Additions of ₹50 per ₹1000 Sum Assured.
- ✓Limited premium payment.
Eligibility Criteria
Minimum Age90 Days
Maximum Age60 Years
Minimum Term15 to 20 Years
Maximum Term15 to 20 Years
Min Sum Assured₹ 1,00,000
Max Sum AssuredNo Limit
Plan Benefits
Death Benefit
125% of Basic Sum Assured + Guaranteed Additions.
Survival Benefit
N/A
Maturity Benefit
Basic Sum Assured + Guaranteed Additions.
Real-World Example
Profile35-Year-Old Female
Sum Assured₹ 10,00,000
Term Details20 Years (Premium Paying Term: 15 Years)
Annual Premium₹ 83,000 / Year
Expected ReturnsGuaranteed Maturity of ₹ 20,00,000
How it Works
Because additions are GUARANTEED (₹50 per thousand = ₹50,000 per year on 10L), she knows exactly what she gets. She pays for 15 years, waits 5 more years, and gets exactly ₹ 20 Lakhs. No market risk.