LIC Plans

Explore LIC Life Insurance Plans

Gurgaon Jan 2024: Life Insurance Corporation of India (LIC Gurgaon Main branch code: 122) offers a comprehensive range of life insurance plans to cater to various needs and life stages. Whether you’re seeking long-term security, periodic payouts, pure protection, savings opportunities, or retirement planning, LIC has a plan for you. Let’s explore the different types of life insurance plans offered by LIC office in Gurgaon. We help our Gurgaon based clients evaluate their insurance needs and serve them with various other LIC services.

These LIC plans can be purchased online from LIC of India’s official website without any agent. The policy holder can select the plan as per his / her needs and make payment onlline. The policy is issued once the policy plan is approved by LIC. These plans are cheaper in cost as they are sold by LIC directly without any LIC agent agent’s commission.

LIC Online Endowment Plans

LIC Bima Jyoti

LIC Dhan Sanchay

LIC Jeevan Azad

LIC Dhan Vrisshi

LIC Online Whole Life Plan

LIC Jeevan Utsav

LIC Online Money Back Plan

LIC Dhan Rekha

LIC Online Term Assurance Plan

LIC Saral Jeevan Bima

LIC New Tech Term

LIC Jeevan Kiran

LIC Online Health Plan

LIC Cancer Cover

LIC Online Pension Plan

LIC Jeevam Dhara 2

LIC New Pension Plus

LIC Saral Pension

LIC Jeevan Shanti

LIC Jeevan Akshay 7

LIC Online ULIP Plan

LIC Nivesh Plus


LIC Index Plus

These LIC plans provide lifelong coverage. As long as premiums are paid, the policy remains active until the policyholder’s demise, ensuring financial support for their beneficiaries.

LIC Whole Life Plan: LIC’s Jeevan Akshay Plan.

Brief Description: Whole life plans like Jeevan Akshay offer coverage for the entire lifetime, providing a safety net for your loved ones.

LIC Policy NameTerm
LIC Jeevan Akshay PlanWhole Life
LIC Jeevan Umang PlanWhole Life
LIC Jeevan Labh PlanWhole Life
LIC Jeevan Saral PlanWhole Life
LIC Jeevan Vishwas PlanWhole Life
LIC Bima Shree PlanWhole Life
LIC Jeevan Amar PlanWhole Life

Get periodic payouts and maturity benefits with money-back plans. A percentage of the sum assured is paid at regular intervals during the policy term, and the remaining amount is given as a lump sum at maturity.

LIC Money Back Plan: LIC’s New Money Back Plan.

Brief Description: Money-back plans such as New Money Back Plan offer the dual benefit of periodic payouts and a maturity amount, allowing you to meet your financial goals.

LIC Policy NameTerm
LIC New Money Back Plan20 years
LIC Money Back Plus Plan16, 20, or 25 years
LIC Jeevan Shanti Plan15, 20, or 25 years
LIC Anmol Jeevan-1 Plan15, 20, or 25 years
LIC Jeevan Tarun Plan25 years
LIC Jeevan Umang Plan15, 20, or 25 years
LIC Bima Bachat Plan10 to 35 years
LIC Jeevan Amar Plan10 to 35 years

Secure your family’s future with term assurance plans. These affordable plans provide financial protection for a specific duration, ensuring your loved ones are taken care of in case of an unfortunate event.

LIC Term Insurance Plan: LIC’s Term Assurance Plan.

Brief Description: Term assurance plans like Term Assurance Plan provide pure life cover for a chosen term, offering financial security for your family.

LIC Policy NameTerm
LIC Term Assurance Plan10 to 35 years
LIC New Term Assurance Rider Plan10 to 30 years
LIC e-Term Plan10 to 35 years
LIC Anmol Jeevan-2 Plan10 to 30 years
LIC Tech Term Plan10 to 35 years
LIC Amulya Jeevan-3 Plan10 to 30 years
LIC Bima Bachat Plan10 to 35 years
LIC Jeevan Amar Plan10 to 35 years
LIC Term Plans

Combine protection and savings with endowment plans. These plans offer a lump sum payout either at maturity or in case of the policyholder’s demise during the policy term, helping you build a corpus.

LIC Endowment plan: LIC’s Jeevan Labh Plan.

Brief Description: Endowment plans such as Jeevan Labh blend insurance coverage with savings opportunities, allowing you to plan for your future.

Prepare for a comfortable retirement with LIC’s pension plans. These plans help accumulate a corpus through regular contributions, which is then used to provide a steady income stream during your golden years.

LIC term plan: LIC’s New Jeevan Shanti Plan.

Brief Description: Pension plans like New Jeevan Shanti assist in building a retirement corpus, ensuring a consistent income flow post-retirement.

Pension plans offered by LIC are designed to provide financial security and regular income during the policyholder’s retirement years. These plans help individuals build a corpus over the years and offer annuity options to receive regular payouts after retirement.

Plan NameTerm
Jeevan Akshay VI (810)Lifetime
New Jeevan Nidhi (812)5 – 35 years
Jeevan Shanti (850)Lifetime
Pradhan Mantri Vaya Vandana Yojana (PMVVY) (842)10 years
Read more LIC Pension Policy

Maximize your investments with Unit Linked Insurance Plans (ULIPs). These plans combine life insurance with market-linked investment opportunities, offering the potential for higher returns while securing your family’s financial future.

LIC ULIP Plan: LIC’s Market Plus Plan.

Brief Description: ULIPs such as Market Plus combine insurance and investment, allowing you to grow your wealth while protecting your loved ones.

With LIC’s diverse range of life insurance plans, you can find the perfect solution to meet your specific needs and goals. Explore the options, consult with an LIC advisor, and secure your and your family’s future today.

Different types of LIC of India plans along with a list of plans under each category and a brief table mentioning their basic features:

Unit Linked Plans (ULIPs) offered by LIC combine insurance coverage with investment opportunities. Policyholders can allocate their premiums into various funds and enjoy potential market-linked returns.

Plan NameTerm
Nivesh Plus (849)10 – 25 years
Market Plus5 – 25 years

All LIC plans

Here’s a table of various LIC plans with columns for policy name, plan table number, and type of policy, sorted by the type of policy that InsuringGurgaon deals in:

Policy NamePlan Table NumberType of Policy
LIC Term Assurance Plan165Term Assurance
LIC New Term Assurance Rider Plan166Term Assurance
LIC e-Term Plan823Term Assurance
LIC Anmol Jeevan-2 Plan836Term Assurance
LIC Tech Term Plan837Term Assurance
LIC Amulya Jeevan-3 Plan838Term Assurance
LIC Bima Bachat Plan840Term Assurance
LIC Jeevan Amar Plan845Term Assurance
LIC New Money Back Plan805Money Back
LIC Money Back Plus Plan806Money Back
LIC Jeevan Shanti Plan827Money Back
LIC Anmol Jeevan-1 Plan835Money Back
LIC Jeevan Tarun Plan834Money Back
LIC Jeevan Umang Plan836Money Back
LIC Bima Bachat Plan840Money Back
LIC Jeevan Amar Plan845Money Back
LIC Jeevan Akshay Plan838Whole Life
LIC Jeevan Umang Plan836Whole Life
LIC Jeevan Labh Plan837Whole Life
LIC Jeevan UmangWhole Life
LIC Jeevan Saral Plan829Whole Life
LIC Jeevan Vishwas Plan833Whole Life
LIC Bima Shree Plan839Whole Life
LIC Jeevan Amar Plan845Whole Life
LIC Market Plus Plan189ULIP
LIC Nivesh Plus Plan847ULIP
LIC Wealth Plus Plan848ULIP
LIC Bima Bachat Plan840ULIP
LIC Jeevan Umang Plan836ULIP
LIC Jeevan Amar Plan845ULIP
LIC Jeevan Labh Plan837Endowment
LIC New Endowment Plan814Endowment
LIC New Jeevan Nathi Plan820Pension
LIC New Jeevan Shanti Plan821Pension
LIC New Jeevan Akshay Plan825Pension
LIC Varistha Jeevan Bima Plan841Pension
LIC Child Plan826Children’s Plan
LIC Jeevan TarunChildren’s Plan
LIC Children’s Money Back Plan828Children’s Plan
LIC Aadhaar Shila Plan830Women’s Plan


Withdrawn Plans: LIC has withdrawn some of its older plans from the market

Plan NameTerm
Jeevan Sugam (813)10 years
Jeevan Shagun (826)9 – 12 years
Jeevan Mangal (832)5 – 15 years


LIC offers health insurance plans that cover medical expenses and provide financial support during health-related emergencies.

Plan NameMaximum Term
Jeevan Arogya (904)1 – Lifetime

Please keep in mind that the features and availability of plans may vary over time, so it’s advisable to check with LIC of India or visit their official website for the most up-to-date information on these plans.

Frequently asked questions by policy buyers

Here are some common questions people ask specifically about different LIC plans:

Question 1: What is the most popular LIC whole life plan?

Answer: The LIC Jeevan Akshay plan is one of the most popular whole life insurance plans offered by LIC.

Question 2: Can you tell me about LIC’s best money-back plan?

Answer: The LIC New Money Back Plan is a highly recommended money-back plan that provides periodic payouts and a maturity benefit.

Question 3: Which is a good term insurance plan from LIC?

Answer: The LIC Term Assurance Plan is a affordable pure life cover plan that provides financial protection for a specific duration.

Question 4: What are some top endowment plans offered by LIC?

Answer: The LIC Jeevan Labh and LIC New Endowment Plan are two popular endowment plans that combine life cover and savings.

Question 5: Can you name an LIC pension plan for retirement planning?

Answer: The LIC New Jeevan Nathi Plan is a well-known pension plan that helps build a retirement corpus through regular investments.

Question 6: What is LIC’s best ULIP plan?

Answer: The LIC Market Plus Plan is a highly sought-after ULIP that provides life cover and investment opportunities.

Question 7: Is there an LIC child plan for securing a child’s future?

Yes, the LIC Child Plan and LIC Children’s Money Back Plan are designed specifically for long-term savings and providing financial security for children.

Question 8: Which is a good LIC plan for women?

Answer: The LIC Aadhaar Shila Plan and LIC Jeevan Labh Plan are excellent options catering to the specific needs of women policyholders.

Question 9: Does InsuringGurgaon provide online services or on-site visits to people who want to buy LIC policies?

Answer: Yes, you can use our services to get on a video call to understand the policies. We also provide complete online policy selling where you do not need to submit any document to us in person. We also make office / home visits to meet you.

Question to ask before buying LIC Policies

1. What types of life insurance plans does LIC offer?

LIC offers a wide range of life insurance plans, including whole life plans, money-back plans, term assurance plans, endowment plans, pension plans, and unit-linked insurance plans (ULIPs).

2. What is the difference between term insurance and whole life insurance?

Term insurance provides pure life cover for a specific duration, while whole life insurance covers the policyholder for their entire lifetime, as long as premiums are paid.

3. How do money-back plans work?

Money-back plans provide periodic payouts (a percentage of the sum assured) at regular intervals during the policy term. The remaining sum assured is paid as a maturity benefit if the policyholder survives the policy term.

4. What are the benefits of an endowment plan?

Endowment plans offer the dual benefit of life cover and savings. They provide a lump sum payout either upon the policyholder’s demise during the policy term or on survival till maturity.

5. How do pension plans help in retirement planning?

Pension plans help accumulate a corpus through regular premium payments during the policy term. This corpus is then used to provide a steady income stream during the policyholder’s retirement years.

6. What are ULIPs, and how do they work?

Unit Linked Insurance Plans (ULIPs) combine life insurance with market-linked investment opportunities. A portion of the premium is allocated towards life cover, while the remaining amount is invested in chosen funds, offering the potential for higher returns.

7. Is it possible to surrender an LIC policy before maturity?

Yes, most LIC policies can be surrendered before maturity. However, to surrender LIC policy charges may apply, and the policyholder may receive a lower amount than the total premiums paid.

8. Can I take a loan against my LIC policy?

Yes, LIC allows policyholders to take a loan against their eligible life insurance policies, subject to certain terms and conditions.

9. What is the claim settlement process for LIC policies? To claim the benefits under an LIC policy, the nominee or beneficiary needs to submit the required documents, such as the death certificate, policy document, and claim form, to the nearest LIC branch.

10. How can I choose the right LIC plan for my needs? To choose the right LIC plan, consider your life stage, financial goals, risk appetite, and insurance needs. It’s advisable to consult with an LIC advisor who can guide you through the various options and help you select the most suitable plan.

These FAQs cover some of the common questions people have regarding LIC life insurance plans. However, it’s always recommended to consult with an LIC representative or refer to the plan-specific brochures for detailed information and personalized guidance.

Buy LIC Plan / Policy in Gurgaon

If you’re based in Gurgaon and looking for personalized guidance on selecting the right LIC life insurance plan, we’ve got you covered. Our team of experts provides comprehensive consultation services to help you understand the various options and choose a LIC plan that aligns with your needs and financial goals.

Don’t hesitate to reach out to our LIC policy advisor, Neetu, at 9891420503 for any queries or assistance regarding purchasing an LIC policy. We’re here to ensure you make an informed decision and secure your and your loved ones’ future with the perfect life insurance solution.

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