LIC Nav Jeevan Shree Policy | Guaranteed Returns + Life Cover | LIC Investment Plan 2025

         

🛡️ LIC’s Nav Jeevan Shree Policy – Secure Savings with Life Cover & Guaranteed Returns

In an uncertain world, smart individuals secure their future with policies that offer both financial growth and protection. One such trusted option is the LIC Nav Jeevan Shree Policy (Plan No. 912) — a regular premium, non-linked, non-participating savings plan by the Life Insurance Corporation of India.

This plan is tailor-made for those who want:

• Guaranteed additions
• Life insurance cover
• Tax benefits
• Structured savings

Let’s explore how this plan works and why it could be an ideal solution for your financial future.

📋 What Is LIC’s Nav Jeevan Shree Policy?

LIC Nav Jeevan Shree is a non-linked, non-participating, endowment savings plan, which means:

• It is not affected by market fluctuations.
• It offers guaranteed returns (not bonuses based on performance).
• You pay premiums regularly and receive a lump sum at maturity, along with life insurance protection throughout the term.

🔍 Key Features at a Glance

Feature                                             Detail

Entry Age                     Min: 30 days, Max: 60 years

Maturity Age              Min: 18 years, Max: 75 years

Premium Paying        6, 8, 10, 12 years
Terms (PPT) 

Policy Term                 10 to 20 years.

Minimum Sum           ₹5 Lakhs.
Assured (SA)

Maximum                   No limit.

Sum Assured

Maturity Benefit        Basic Sum Assured + 
                                           Guaranteed Additions.

Loan Facility              Available after 1 year.

Riders Available       Accidental Death &
                                          Disability Benefit, Term
                                          Rider, Premium Waiver
                                          Benefit.

Tax Benefits               80C (premium), Section
Section                        10(10D) (maturity).*

💰 How Much Do You Pay? (Sample Premium Chart)

For a Sum Assured of ₹5 Lakhs and Risk Cover of 10 Times + ADDB, here are sample annual premiums (excluding GST):

Entry Age               Premium               Premium
                             (Term: 16 yrs)      (Term: 20 yrs)

Age 5                          ₹50,700                  ₹46,675

Age 10                        ₹50,975                  ₹46,900

Age 20                        ₹51,925                  ₹48,000

Age 40                        ₹53,225                  ₹49,700

✅ Note: Premiums vary based on age, policy term, and optional riders.

📈 Guaranteed Additions – The Big Attraction!

Instead of traditional bonuses, LIC Nav Jeevan Shree offers Guaranteed Additions (GA) for each year of the policy term:

Policy Term                     GA as % of Premium

10 to 13 yrs                                   8.50%

14 to 17 yrs                                   9.00%

18 to 20 yrs                                   9.50%

🧮 Example: If you choose a 20-year term, you’ll get GA on all 20 premiums — the 1st premium gets GA for 20 years, 2nd premium for 19 years, and so on.

⚰️ Death Benefit Options

There are two options available for death benefit calculation:

Option 1:

Higher of:

• 7 times the annual premium
• Basic Sum Assured

Option 2:

Higher of:

• 10 times the annual premium
• Basic Sum Assured

In both cases, the total guaranteed additions are added to the death benefit — making this policy a great choice for family protection.

🛡️ Why LIC Nav Jeevan Shree Is a Smart Choice

🔹 Stable, Risk-Free Returns

Not linked to market ups and downs. Your returns are guaranteed.

🔹 Life Cover Throughout

Your family is financially protected if anything unfortunate happens during the policy term.

🔹 Attractive Returns

Guaranteed Additions range from 8.5% to 9.5% of premium – better than many bank FDs.

🔹 Flexibility in Premium Payment

Pay over a short term (6/8/10/12 years) and enjoy benefits over a long term (up to 20 years).

🔹 Tax Savings

• Premiums qualify under Section 80C
• Maturity proceeds (subject to Sec 10(10D)) are tax-free

🔹 Rider Options

Add optional riders for accident coverage, disability protection, and premium waiver.

🎯 Who Should Buy This Policy?

• Parents planning for children’s higher education
• Working professionals planning for retirement
• Business owners seeking secure tax-saving instruments
• Risk-averse investors looking for fixed returns
• People wanting to create a legacy plan with insurance cover

📢 Final Thoughts

If you want a hassle-free, guaranteed-return investment plan backed by India’s most trusted life insurance brand, LIC Nav Jeevan Shree is the answer. It’s simple, safe, and smart — combining wealth creation, family protection, and tax savings in one plan.

📞 Want Help Choosing the Right Plan?

Contact Me Today!

Hi, I am Soumyajit Goswami, your trusted Insurance & Financial Consultant with over 19 years of experience and 1,400+ happy clients across Kolkata. 🛡️ Life, Health & General - Vehicles Insurance 💼 Mutual Funds, FD & NCDs. 📑 100% Claim Settlement Track Record 📊 Goal-based Financial Planning If you're serious about protecting your future or building wealth the smart way—let’s connect!

📧 Email: sales@soumyajitgoswami.in

📱 Call/WhatsApp: +91-7003641821

🌐 Website: www.soumyajitgoswami.in

🛑 Act early. The younger you are, the lower the premium and the higher the benefit!