LIC New Year Gift: 4 Powerful Policies to Turn You Into a Crorepati

If you are searching for a plan that offers high returns without requiring you to pay premiums for the entire duration, LIC Jeevan Labh is an excellent choice. This plan is a non linked, with profits endowment plan that combines protection and savings. One of the best features of LIC Jeevan Labh is that you only need to pay premiums for a limited period, while the policy continues to grow until maturity.

For those aiming for the crorepati mark, investing a significant sum in this policy can yield a massive lump sum at the end of the term. Because it is a "with profits" plan, you also benefit from reversionary bonuses and final additional bonuses. This makes LIC Jeevan Labh a top contender for anyone looking for a "New Year gift" that keeps on giving.

2. LIC Jeevan Umang : Guaranteed Income and Life Long Cover

For people who want a regular income alongside life insurance, LIC Jeevan Umang is the perfect fit. This plan is unique because it provides a whole life cover until the age of 100. Once your premium paying term ends, LIC Jeevan Umang pays you 8% of the basic sum assured every single year as a survival benefit.

Imagine having a guaranteed annual income for life while knowing your family is protected. This "crorepati" strategy involves choosing a high sum assured so that the 8% annual payout and the final maturity amount reach that eight figure milestone. If you are looking for long term security, LIC Jeevan Umang stands out as a reliable pillar for your retirement and estate planning.

3. LIC New Jeevan Anand : Double Benefit of Protection

The LIC New Jeevan Anand plan is famous for its tagline, "Zindagi ke saath bhi, zindagi ke baad bhi." This policy is a combination of an endowment plan and a whole life plan. Even after the maturity amount is paid to the policyholder, the life cover continues until death. This means your family receives an additional sum assured whenever the unfortunate event occurs.

To reach a crorepati status with LIC New Jeevan Anand, disciplined saving over a long term is key. The plan offers attractive bonuses that significantly boost the final payout. By choosing a high sum assured, you ensure that the maturity benefit makes you wealthy while the continued life cover offers peace of mind. LIC New Jeevan Anand remains one of the most trusted products for Indian families.

4. LIC Jeevan Lakshya : The Perfect Plan for Your Children’s Future

If your primary goal is to ensure your children’s dreams are fulfilled no matter what, LIC Jeevan Lakshya is the ideal solution. Often referred to as a "Kanyadan" or education plan, this policy provides an annual income to the family in the event of the policyholder's death, ensuring that the family's lifestyle and goals are not compromised.

The maturity benefit of LIC Jeevan Lakshya includes the sum assured plus bonuses, which can be tailored to reach the one crore rupee mark. Even in the absence of the proposer, the policy continues without any further premium payments, and the maturity amount is still paid at the end of the term. Investing in LIC Jeevan Lakshya is a smart move for parents who want a guaranteed path to wealth for their children.

Why These LIC Policies Are a Great New Year Gift

Choosing the right insurance is not just about tax saving; it is about building a legacy. These four policies—LIC Jeevan Labh, LIC Jeevan Umang, LIC New Jeevan Anand, and LIC Jeevan Lakshya—offer a mix of security and high growth potential. By starting your investment journey this New Year, you take a massive step toward becoming a crorepati.

LIC has consistently maintained a high claim settlement ratio, making these plans a safe harbor for your hard earned money. "The best time to plant a tree was 20 years ago. The second best time is now," as the saying goes. Take advantage of these LIC schemes to ensure your family enjoys a life of financial abundance and full life cover.