endowment
LIC's Single Premium Endowment Plan
Plan 717UIN 512N283V03
LIC's Single Premium Endowment Plan is a current endowment product listed on the official LIC India product index.
- Plan type: endowment
- Plan number: 717
endowment
LIC's Bima Lakshmi
Plan 881UIN 512N389V01
LIC's Bima Lakshmi is a current endowment product listed on the official LIC India product index.
At a glance
Key highlights
Plan type
endowment
Plan number
881
Who should consider this plan?
family protection, long term savings
Eligibility and policy information
| policy Term | 25 years |
|---|---|
| premium Paying Term | from 7 to 15 years. |
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly |
| Loan available | No |
| Surrender available | No |
Benefits and riders
Death benefit
in instalments. 2 • Auto cover facility after payment of three full years’ premiums. • Benefit of attractive incentives for Higher Sum Assured . • Option to enhance coverage by opting for Riders on payment of additional premium for rider benefits.
Maturity benefit
On Life Assured surviving to the stipulated Date of Maturity, provided the policy is in-force, “Sum Assured on Maturity” along with accrued Guaranteed Additions shall be payable, where “Sum Assured on Maturity” is equal to Basic Sum Assured. C.
Survival benefit
s as per the Option chosen. This plan also provides a lumpsum payment along with accrued Guaranteed Additions at the time of maturity to the surviving policyholder. In addition, this plan also takes care of liquidity needs through its loan facility. This is a Non-par product under which benefits payable on death or survival are guaranteed and fixed irrespective of actual experience. Hence the policy is not entitled to any discretionary benefits like bonus etc or share in Surplus. This plan can be purchased Offline through Licensed agents, Corporate agents, Brokers, Insurance Marketing Firms, as well as Online directly through website www.licindia.in. However, it is not available for sale through Point of Sales Persons-Life Insurance (POSP-LI)/Common Public Service Centers (CPSC-SPV). The prospective policyholders are hereby informed that
Official documents
Product source on the Official LIC Website (opens in a new tab)
Important disclaimer
Please refer to the official LIC brochure and policy document for complete terms, conditions, exclusions and current availability.
Last verified: 2026-08-01
Personal assistance
Plan with clarity and confidence
Every LIC plan should be considered in the context of your family, financial goals, time horizon, and affordable budget. Atul Rana provides one-to-one guidance using current official plan information.
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Planning for family protection
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