LIC Plans for Couples: These Two LIC Schemes Can Help Husband and Wife Build Big Savings
Life Insurance Corporation of India (LIC) has introduced two new policies specially designed for couples who want to build a secure financial future together. The newly launched plans aim to offer both protection and savings benefits under one policy, making them an attractive option for husbands and wives.
The two schemes are named LIC New Jeevan Sathi Single Premium Plan and LIC New Jeevan Sathi Limited Premium Plan. Both policies provide guaranteed returns along with life coverage for both partners, helping families create a strong financial backup without worrying about market fluctuations.
Joint Coverage for Husband and Wife
One of the biggest highlights of these LIC plans is that both spouses can be covered under a single policy. This gives couples the advantage of shared financial planning along with long-term savings benefits.
LIC has confirmed that these plans will be available from June 2026 through both online and offline channels. Customers can buy them via LIC agents, brokers, corporate agents, and digital platforms.
LIC New Jeevan Sathi Single Premium Plan
Under this plan, policyholders need to pay the premium only once at the time of purchase. After that, the policy continues for the selected term without any further payments.
The scheme offers a guaranteed addition of ₹70 for every ₹1,000 of the basic sum assured throughout the policy duration. Customers can choose policy terms of 10, 15, 20, or 25 years.
The minimum sum assured under this plan is ₹3 lakh, while the minimum entry age starts from 18 years.
Limited Premium Option Also Available
LIC has also launched the New Jeevan Sathi Limited Premium Plan for customers who prefer paying premiums in installments instead of a lump sum amount.
In this plan, premiums can be paid over 5, 10, or 15 years. The policy also provides a guaranteed addition equal to 7 percent of the total annual premium.
Another major benefit is the premium waiver feature. If the insured person dies during the premium payment period, future premiums are waived while policy benefits continue.
Flexible Maturity and Death Benefits
Both LIC policies offer flexibility in receiving maturity or death benefits. Policyholders can either take the payout as a lump sum or choose installment options spread over 5, 10, or 15 years.
Customers can also enhance coverage by adding optional rider benefits after paying an extra premium.
With guaranteed returns, dual protection, and flexible payout choices, LIC’s new couple-focused plans could become a preferred option for families looking for safe long-term investments.
Disclaimer
: Policy benefits, returns, eligibility, and premium details may change as per LIC guidelines. Readers are advised to verify complete terms and conditions with LIC or an authorized advisor before investing.
The two schemes are named LIC New Jeevan Sathi Single Premium Plan and LIC New Jeevan Sathi Limited Premium Plan. Both policies provide guaranteed returns along with life coverage for both partners, helping families create a strong financial backup without worrying about market fluctuations.
Joint Coverage for Husband and Wife
One of the biggest highlights of these LIC plans is that both spouses can be covered under a single policy. This gives couples the advantage of shared financial planning along with long-term savings benefits.LIC has confirmed that these plans will be available from June 2026 through both online and offline channels. Customers can buy them via LIC agents, brokers, corporate agents, and digital platforms.
LIC New Jeevan Sathi Single Premium Plan
Under this plan, policyholders need to pay the premium only once at the time of purchase. After that, the policy continues for the selected term without any further payments.You may also like
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The scheme offers a guaranteed addition of ₹70 for every ₹1,000 of the basic sum assured throughout the policy duration. Customers can choose policy terms of 10, 15, 20, or 25 years.
The minimum sum assured under this plan is ₹3 lakh, while the minimum entry age starts from 18 years.
Limited Premium Option Also Available
LIC has also launched the New Jeevan Sathi Limited Premium Plan for customers who prefer paying premiums in installments instead of a lump sum amount. In this plan, premiums can be paid over 5, 10, or 15 years. The policy also provides a guaranteed addition equal to 7 percent of the total annual premium.
Another major benefit is the premium waiver feature. If the insured person dies during the premium payment period, future premiums are waived while policy benefits continue.
Flexible Maturity and Death Benefits
Both LIC policies offer flexibility in receiving maturity or death benefits. Policyholders can either take the payout as a lump sum or choose installment options spread over 5, 10, or 15 years. Customers can also enhance coverage by adding optional rider benefits after paying an extra premium.
With guaranteed returns, dual protection, and flexible payout choices, LIC’s new couple-focused plans could become a preferred option for families looking for safe long-term investments.
Disclaimer
: Policy benefits, returns, eligibility, and premium details may change as per LIC guidelines. Readers are advised to verify complete terms and conditions with LIC or an authorized advisor before investing.
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