One-Time Investment. Lifetime Peace of Mind.
🔍 About the Plan
LIC’s Nav Jeevan Shree – Single Premium is a non-linked, non-participating, individual savings life insurance plan designed for investors who prefer a one-time premium payment with guaranteed returns and life cover throughout the policy term. It offers a perfect blend of financial security, wealth creation, and hassle-free investment.
🌟 Key Features
Single Premium Payment – Pay once, stay covered for years
Guaranteed Additions throughout the policy term
Comprehensive Life Cover for your loved ones
Maturity Payout with guaranteed corpus
Ideal for estate planning or legacy creation
💰 Benefits at a Glance
🔹 Death Benefit
In case of the policyholder’s demise during the policy term:
👉 Sum Assured on Death + Accrued Guaranteed Additions is paid to the nominee.
🔹 Maturity Benefit
At the end of the policy term:
👉 Sum Assured on Maturity + Guaranteed Additions is paid in lump sum.
🔹 Guaranteed Additions
Accrued annually at a fixed rate
Ensures wealth accumulation without market risk
📌 Eligibility Criteria
Parameter
Entry Age
Policy Term
Premium Payment
Minimum Sum Assured
Maximum Sum Assured
🎯 Ideal For:
Retirees or professionals with lump sum funds
Parents or grandparents planning for child’s future
Individuals looking for tax-efficient wealth transfer
Investors seeking guaranteed returns without annual commitments
🔐 Optional Rider (Add-On Protection)
Accidental Death Benefit Rider (available at additional cost)
🧾 Tax Benefits
Eligible for tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, 1961 (subject to prevailing laws).
