LIC Jeevan Shiromani Plan: Premium For 4 Years,LIC’s Jeevan Shiromani is a special savings and insurance plan that is not connected to the share market, so your money stays safe from market ups and downs. This plan gives guaranteed returns, which means you know how much you will get in the end. It also provides life insurance cover, so your family is protected if something happens to you. You only need to pay premiums for a few years, and you can receive a large amount in return. It’s a smart and secure plan for future savings and protection.
LIC, or Life Insurance Corporation of India, is a trusted name when it comes to insurance plans for every need. But today’s plan is not just any policy — it’s something special. Called ‘Jeevan Shiromani’, this policy is made for those who are ready to invest a good amount and want strong financial protection. It offers guaranteed returns along with life insurance, making it one of LIC’s top premium plans for secure and high-value investment.
Curious About the Jeevan Shiromani Policy? Here’s What It Offers
LIC’s Jeevan Shiromani Policy is a non-linked, individual savings and insurance plan, meaning it is not affected by stock market ups and downs. It offers guaranteed returns, along with life insurance cover, making it a secure option for both investment and protection.
Just 4 years of premiums, and the rewards keep coming
One of the best things about this policy is the low premium burden. You only need to pay premiums for four years. After that, you don’t have to worry-just relax and enjoy, as the policy gives you returns at regular intervals, along with complete financial security.
At least ₹1 crore assured benefit
In this scheme, the minimum sum assured starts at ₹1 crore, ensuring that the value of your policy will never fall below this amount. What’s even more interesting is that there’s no upper limit to the coverage. You can invest as much as you wish, giving you complete flexibility and control over your financial security.
With this money-back plan, you get returns at various stages of the policy.
Jeevan Shiromani is often referred to as a ‘Money Back Policy’. This means that instead of receiving the entire amount at the end, you’ll receive regular payouts throughout the policy term, ensuring you get financial benefits along the way.
What are the returns at each policy term?
- For a 14-year policy: 30% of the principal amount will be paid in the 10th and 12th years.
- For a 16-year policy: 35% of the principal amount will be paid in the 12th and 14th years.
- For an 18-year policy: 40% of the principal amount will be paid in the 14th and 16th years.
- For a 20-year policy: 45% of the principal amount will be paid in the 16th and 18th years.
At the time of maturity, you will receive the remaining principal amount along with any bonuses accumulated throughout the policy term, providing you with a lump sum payout for your investment.
This policy provides additional coverage for critical illnesses.
This policy also covers 15 major critical illnesses. If the policyholder is diagnosed with a serious illness, LIC will provide a one-time payment to help with the treatment expenses.
Bonus rewards as well
Jeevan Shiromani is a participating plan, so you become entitled to get a share of the profits made by the company. When LIC makes profits, part of that profit is given to policyholders in the form of a bonus. The bonus is credited to your policy, raising the amount you will get at maturity, thus making your investment all the more lucrative over a period of time.
Is this policy suitable for you?
- Firstly, your Minimum Age: 18 years, allowing young adults to start planning their financial future early.
- The maximum age for enrolling in this policy depends on how long you wish to keep the policy active, providing flexibility for different age groups.
| Policy Duration | Age Eligibility Limit |
| 14 Years | 55 Years |
| 16 Years | 51 Years |
| 18 Years | 48 Years |
| 20 Years | 45 Years |
Conclusion
Overall, if you have a steady income through regular employment and are in search of a secure and guaranteed investment opportunity, LIC’s Jeevan Shiromani Policy is one of the best. Not only does this policy provide life insurance, but it also ensures high returns in the long run.
| Home Page | TMBU |
| Plan PDF Link | Download PDF |
| Official Website Link | https://licindia.in/lic-s-jeevan-shiromani-plan- |
Although the premium would be a little higher as compared to some other policies, the excellent returns along with the complete benefits that you enjoy in return make it a remarkably valuable investment. With this policy, you ensure your future and your family’s financial health, which makes it a perfect solution for creating a lifetime of wealth.
FAQs For LIC Jeevan Shiromani Plan: Premium For 4 Years
How does the LIC Jeevan Shiromani Policy work?
LIC Jeevan Shiromani is a secure life insurance and savings plan that is not market risk-based. It offers both life insurance and guaranteed returns, thus being a wonderful option for people who want to have a stable investment that will yield substantial long-term gains.
How many years will I need to pay premiums for LIC Jeevan Shiromani?
Pay premiums for just 4 years, and then sit back and enjoy the benefits, which will continue to be provided during the policy term.
Will I receive any funds before the policy matures?
Absolutely! As a money-back policy, you will receive periodic payouts throughout the policy term to help with financial needs before maturity.
What is covered under the critical illness benefit of this policy?
With LIC Jeevan Shiromani, you get coverage for 15 critical illnesses. In case you’re diagnosed with any of these, you’ll receive a one-time payment to support your medical costs.
What are the eligibility criteria for LIC Jeevan Shiromani?
To qualify for LIC Jeevan Shiromani, you must be a minimum of 18 years old. The maximum age for enrollment varies based on the policy term you choose. This plan is ideal for individuals looking for a secure investment and long-term financial stability.
Balvinder Saaga, an engineering graduate from Delhi University, has been passionately working as a content writer since 2021. Hailing from Punjab, Balvinder specializes in crafting informative and engaging content with a core focus on education and social schemes