Best LIC Highest Return Policy In India

If you are looking for the best LIC highest return policy in India, you have come to the right place. In this article, we will discuss all of the different policies offered by LIC and their associated returns. We will also go over some important things to keep in mind when choosing a policy. So read on to learn more about LIC’s highest return policies and how they can benefit you!

The LIC Highest Return Policy is a great option for individuals in India looking for an investment opportunity that offers a high return rate. The policy allows investors to earn attractive returns with minimal risk, making it an ideal choice for those with long-term goals. 

Unlike some other schemes, this policy offers guaranteed returns of 8.35% per annum as long as the investment period lasts at least % years or more and the premiums are paid regularly over the duration of the policy. 

In addition, investors have access to additional benefits such as waiving off one premium due to disablement or death during the policy tenure and tax deductions under Section 80C of the Income Tax Act up to Rs 1,50,000.

6 Best LIC Highest Return Policy In India

You should include life insurance in your investing account. It is necessary for leading a contented and secure life. The significance of having life insurance cannot be overstated. In the event of your passing, it provides your family or loved ones with the necessary financial security. 

Many people in India could consider it to be just another expense. But they should also consider two things: what would their loved ones and family do if they pass away? If there is only one breadwinner in the family, how will they manage?

LIC PlansType of PlanAge at Entry (in years)Policy Term (in years)Maturity Age (Maximum) (in years)Sum Assured (Minimum – Maximum)
LIC Jeevan AmarPure Term Insurance plan18 – 6510 – 4080 yearsRs. 25 lakhs – No limit
LIC Tech Term PlanPure Term Insurance plan18 – 6510 – 4080 yearsRs. 50 lakhs – No limit
LIC New Children’s money-back PlanTraditional money-back Child Plan0 – 1225 years – Age at Entry25 yearsRs. 1 lakh – No Limit
LIC New Jeevan AnandEndowment Plan18 – 5015 – 3575 yearsRs. 1 lakh – No Limit
LIC Jeevan UmangWhole Life + Endowment Plan90 days-55 years100 – Age at Entr100 yearsRs. 2 lakh – No Limit
LIC Jeevan LabhEndowment Plan8 – 59 years16/21/2575 yearsRs. 2 lakhs – No Limit

1. LIC Jeevan Amar

LIC Jeevan Amar is an insurance policy provided by the Life Insurance Corporation of India (LIC) that provides coverage for those between the ages of 18 and 55 years. With this plan, policyholders can choose multiple options to build their coverage with a premium payment that remains the same even after maturity. 

The policyholder will also have access to death benefits, as well as additional optional covers such as waiver of premium in case of disability or critical illness, increasing life cover after 5 years, and additional yearly compensation benefits. 

Some features make this plan ideal for anyone looking for long-term protection and stability; bonuses are applied on completion of every five-year term, locked-in premiums are applied until maturity, and dividends are payable when the balance is sufficient at maturity. 

This can provide insurance holders with steady and reliable financial security throughout their lifetime. Best of all, LIC’s easy online policy application process makes it easy to apply for Jeevan Amar from any smart device.

2. LIC Tech Term Plan

LIC Tech Term Plan is a term assurance plan from LIC (Life Insurance Corporation of India), designed to provide financial protection for families. The policy provides a lump sum amount to the nominee if the policyholder passes away during the policy term. 

On maturity, it also offers lucrative returns in accordance with its predefined options such as a return of premium or an additional cover amount on maturity. The entry age for taking out a Tech Term plan from LIC is 18 years and 65 years, with a maximum sum assured of Rs. 20 lakhs. 

An added advantage of taking out this plan is that no medical tests are required and no paperwork needs to be completed in order to apply. Additionally, LIC’s reputation as one of the most reliable insurance companies ensures consistent customer service and support when it comes to filing claims. 

With various customizable add-on options also readily available, this term plan offers an ideal balance between risk protection and profitability. Therefore, opting for a LIC Tech Term Plan is clearly beneficial to families looking for a secure financial future.

3. LIC New Children’s Money-back Plan

For parents looking to save for their child’s future, the LIC New Children’s Money-back Plan is a unique and beneficial investment. This plan not only provides access to funds in four progressive stages of your child’s life but also offers an attractive rate of return through lucrative money-back benefits. 

Additionally, this plan also provides coverage against death or disability. With frequent payments available in almost any amount, and the option to extend maturity up to 24 years old, this plan is incredibly flexible and provides a variety of options for medium-to-long-term savings. 

Furthermore, customers can count on the security that comes from having one of the oldest and most trusted names in insurance protecting their investments. All in all, if you’re looking for a reliable way to ensure your child’s financial future, then the LIC New Children’s Money-back Plan is an excellent choice.

4. LIC New Jeevan Anand

LIC New Jeevan Anand is a life insurance plan designed to provide financial security throughout your lifetime. It offers the dual benefit of life cover and saving, allowing you to maximize your returns over time and provide for your loved ones with confidence. 

The policy comes with tax benefits and the flexibility to choose from different coverage options. You can choose a lump sum payback after death with an option of regular income for the chosen policy tenure or you can opt for a combination of both. 

This policy also provides protection against accidental death or disability as an additional offer. Moreover, it allows you to build up a cumulative bonus over the period of the policy that adds to your sum assured at maturity age. 

This makes LIC New Jeevan Anand a comprehensive financial package that ensures you are completely covered in terms of life coverage, savings, and various riders across stages in life. With this policy, you get peace of mind that whatever happens in the future, your loved ones are taken care of financially.

5. LIC Jeevan Umang

LIC Jeevan Umang is an impressive life insurance plan designed to provide security and peace of mind for policyholders. This policy comes with a range of benefits, including death benefits, pension benefits, accident disability benefits, and payment of the corpus if the policyholder is not alive after the premium-paying term. 

It also provides various riders like Accidental Death and Disability Benefit Rider, New Term Assurance Rider, and Critical Illness Benefit Rider that can help enhance its coverage. 

Additionally, there are flexible premium paying options available such as yearly, half-yearly, and quarterly rates. Returns with this plan come in the form of accrued bonuses or guaranteed additions which can help boost savings over time.

6. LIC Jeevan Labh

LIC Jeevan Labh is a traditional, non-linked life insurance plan developed by the Life Insurance Corporation (LIC) of India. It provides financial protection and savings for policyholders and their families in times of need. 

The plan works by providing an assured sum to just one nominee while also offering competitive returns over the policy term. In addition to this, the plan offers premium discounts for regular payment options, discount age factors, loyalty additions, and annual bonus units that can be accumulated over time. 

Furthermore, it also provides tax benefits under Section 80C of the Income Tax Act 1961. In short, LIC Jeevan Labh is a comprehensive and cost-effective life insurance solution that ensures financial security during times of adversity or emergency. 

With its flexible term options, competitive returns, and additional bonuses, it’s no wonder why so many people choose to insure their lives with this trusted insurer.  With pros like these, they sure are better off secured!

Final Thoughts

LIC has always been a popular investment option in India. The company offers some of the highest returns on investments, and its policies are flexible enough to suit the needs of most investors. 

If you’re looking for a safe and reliable investment option, LIC should be at the top of your list. Have you invested in LIC? What has your experience been like? Let us know in the comments below.

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