LIC Launches New Plans: Nav Jeevan Shree (Plan 912) and Nav Jeevan Shree Single Premium (Plan 911)
LIC of India has announced two new insurance plans: Nav Jeevan Shree (Plan 912) and Nav Jeevan Shree Single Premium (Plan 911). These plans aim to provide policyholders with guaranteed returns, life cover, and flexible premium options.
According to Rising Kashmir, these schemes are designed to offer long-term savings with the additional benefit of life protection. For more information, read the full report here: 👉 LIC Nav Jeevan Shree Plans – Full Article
📌 Plan Highlights
✅ LIC’s Nav Jeevan Shree (Plan No. 912)
- Regular Premium Payment Option
- Guaranteed Additions during the Policy Term
- Available for ages 90 days to 60 years
- Policy term options: 15, 20, 25 years
- Life cover throughout the policy term
✅ LIC’s Nav Jeevan Shree Single Premium (Plan No. 911)
- One-time premium payment
- Same life cover and benefits as Plan 912
- No need for regular future payments
- Ideal for lump sum investors seeking secure returns
🎯 Key Benefits of These Plans
| Benefit | Description |
|---|---|
| Life Cover | Death benefit payable to nominee during the policy term |
| Guaranteed Additions | Fixed returns added to the policy every year |
| Maturity Benefit | Lump sum payment at the end of policy term |
| Loan Facility | Loan available after 3 policy years (conditions apply) |
| Tax Benefits | Eligible for tax deductions under Section 80C and Section 10(10D) |
🧮 Eligibility Criteria at a Glance
| Plan Feature | Plan 912 | Plan 911 |
|---|---|---|
| Entry Age | 90 days to 60 years | 90 days to 60 years |
| Policy Term | 15 / 20 / 25 years | Same as Plan 912 |
| Premium Type | Regular (Yearly/Half-Yearly/Quarterly) | Single Premium (One-Time) |
📞 How to Buy LIC’s Nav Jeevan Shree Plans
You can buy these new plans through:
- Authorized LIC Agents
- LIC Official Website
- Nearest LIC Branch
👉 Visit LIC's Official Website
📝 Conclusion
LIC continues its tradition of providing secure, long-term investment and protection plans with the launch of Nav Jeevan Shree 912 and Nav Jeevan Shree Single Premium 911. These plans offer a mix of guaranteed returns, flexibility, and life insurance coverage, making them suitable for both salaried and self-employed individuals.
📌 Read Full Report on Rising Kashmir
Disclaimer: This post is for informational purposes only. Please consult with an LIC agent or financial advisor before making investment decisions.
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