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 New Jeevan Anand
Plan 715UIN 512N279V03
LIC's New Jeevan Anand is a current endowment product listed on the official LIC India product index.
At a glance
Key highlights
Plan type
endowment
Plan number
715
Who should consider this plan?
family protection, long term savings
Eligibility and policy information
| minimum Entry Age | b) Maximum Age at entry |
|---|---|
| maximum Entry Age | c) Maximum Maturity Age |
| maximum Maturity Age | d) Minimum Policy Term |
| policy Term | AGE 15 25 35 |
| minimum Sum Assured | g) Maximum Basic Sum Assured |
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly |
| Loan available | Yes |
| Surrender available | No |
Benefits and riders
Death benefit
shall be paid: 2 3 • On Death during the policyterm i.e. before the stipulated Date of Maturity:Death benefit, equal to “Sum Assured on Death” along with vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable;where, “Sum Assured on Death” is defined as higher of 125% of Basic Sum Assured or 7 times of annualised premium. This death benefit shall not be less than 105% of total premiums paidupto date of death. Where, i. "Annualized Premium” shall be the premium payable in a year, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums ii. “Total Premiums Paid” means total of all the premiums paid under the base product, excluding any extra premium, and taxes, if collected explicitly. • On death after expiry of the policy term i.e. from the stipulated Date of Maturity:
Maturity benefit
at such rates and on such terms as may be declared by the Corporation. Final Additional Bonus shall not be payable under paid-up policies. The actual allocation to policyholders, out of the surplus emerging from the actuarial investigation, shall be in accordance with provisions in this regard under LIC Act, 1956. 4
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
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