LIC Launches Nav Jeevan Shree Plans 911 & 912

Life Insurance Corporation of India (LIC) launched two new non-linked, non-participating endowment insurance plans effective July 4, 2025:

• Nav Jeevan Shree Regular Premium Plan (Plan 912)
• Nav Jeevan Shree Single Premium Plan (Plan 911)

These plans offer guaranteed returns and insurance protection, tailored to suit a range of financial planning goals.

Plan 912 – Nav Jeevan Shree (Regular Premium)

• Type: Limited premium endowment plan
• Premium Payment Terms: 6, 8, 10, or 12 years
• Policy Term: 10 to 20 years
• Guaranteed Additions: 8.5% to 9.5% of annual premium based on term
• Entry Age: 30 days to 60 years
• Minimum Sum Assured: ₹5 lakh (no maximum limit, subject to underwriting)

Key Features:

• Suitable for long-term financial planning
• Provides both life cover and savings
• Guaranteed returns enhance maturity benefit

Plan 911 – Nav Jeevan Shree (Single Premium)

• Type: Single premium endowment plan
• Premium Payment Mode: One-time lump sum
• Policy Term: 5 to 20 years
• Guaranteed Additions: ₹85 per ₹1,000 sum assured per year
• Entry Age:
• Option I: 30 days to 60 years
• Option II: 30 days to 40 years
• Minimum Sum Assured: ₹1 lakh

Key Features:

• Ideal for investors with surplus funds
• Fixed guaranteed additions annually
• Life cover throughout policy term

TOI