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 Sathi - Limited Premium
Plan 889UIN 512N394V01
LIC's New Jeevan Sathi - Limited Premium is a current endowment product listed on the official LIC India product index.
At a glance
Key highlights
Plan type
endowment
Plan number
889
Who should consider this plan?
family protection, long term savings
Eligibility and policy information
| minimum Entry Age | (For both lives): 18 years |
|---|---|
| maximum Entry Age | (For both lives) |
| minimum Maturity Age | 28 years (completed) |
| maximum Maturity Age | Option I: 75 years (nearer |
| policy Term | 10, 15, 20 and 25 years |
| premium Paying Term | 5, 10 and 15 years |
| minimum Sum Assured | Rs 3,00,000/-. |
| maximum Sum Assured | No limits. However, the |
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly |
| Loan available | Yes |
| Surrender available | No |
Benefits and riders
Death benefit
Options” 3 • Choose the Premium Payment Term and the Policy Term. • Opt for payment of Maturity/ Death Benefit in instalments • Benefit of attractive incentives for High Basic Sum Assured. • Rebate for existing Policyholder and Nominee/Beneficiary of deceased Policyholder • Takes care of liquidity needs through loan facility. • Option to enhance coverage by opting for rider benefits on payment of additional premium for the rider benefits.
Maturity benefit
On survival of at least one of the lives assured at the stipulated Date of Maturity, provided the policy is in-force, “Sum Assured on Maturity” along with accrued Guaranteed Additions for in-force policy, shall be payable; where “Sum Assured on Maturity” is equal the Basic Sum Assured.
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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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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endowment
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