Best LIC Plan 2026 — Compare All Plans
Compare all LIC plans side by side. Premium, maturity, death benefit, riders — find the best LIC policy for your needs. Join 25,000+ users comparing LIC plans on DoAide.
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Select any two LIC plans. Get instant comparison — premiums, maturity, death benefit, riders, surrender value.
Open Plan Comparison → Premium CalculatorTop LIC Plans 2026
LIC New Jeevan Anand
Most popular endowment plan. Maturity benefit + continued life cover after maturity. Ideal for long-term savings with guaranteed returns and bonus.
LIC Tech Term
Lowest premium pure term plan by LIC. Online-only with maximum life cover. Best for pure protection at affordable cost. No maturity benefit.
LIC Jeevan Labh
Limited premium paying term with high bonus rates. Pay premiums for shorter period, enjoy cover for longer. Great for disciplined savings.
LIC New Endowment
Traditional endowment with savings and protection. Flexible premium paying terms (12-35 years). Loan facility available after 3 years.
LIC Jeevan Umang
Whole life plan with annual survival benefits (8% of sum assured) from end of premium paying term until age 100. Combines income + protection.
LIC Dhan Varsha
Single premium endowment plan. Pay once, get guaranteed additions. Ideal for lump-sum investment with life cover and tax benefits.
How to Choose the Best LIC Plan
Based on Your Age
In your 20s-30s, prioritize term insurance (Tech Term) for high cover at low cost. Add an endowment (Jeevan Anand/Labh) for forced savings. In your 40s-50s, focus on plans with shorter premium paying terms and higher maturity benefits.
Based on Your Goal
Pure protection: LIC Tech Term (Plan 954) — lowest premium, highest cover. Savings + protection: Jeevan Anand (915) or Jeevan Labh (936) — get maturity benefits with life cover. Regular income: Jeevan Umang (945) — annual payouts after premium term. Child's future: Jeevan Tarun (934) — milestone-based payouts.
Based on Your Budget
Start with term insurance for base coverage (as low as Rs 500/month for Rs 50 lakh cover). Add endowment plans based on your savings capacity. Use DoAide's premium calculator to find exact costs for your age and sum assured.
LIC Plan Categories
Term Plans
Pure life cover with no maturity benefit. Lowest premiums for highest coverage. Best choice for primary life insurance. LIC Tech Term is the only online term plan.
Endowment Plans
Savings + protection combined. Get maturity benefit on survival and death benefit to nominees. Includes bonus accumulation. Most popular category by LIC.
Money-Back Plans
Periodic survival benefits during the policy term (every 5 years typically). Provides liquidity while maintaining life cover. Good for planned expenses.
Whole Life Plans
Coverage until age 100 with annual income after premium term. LIC Jeevan Umang is the flagship whole life plan with 8% annual survival benefit.
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Frequently Asked Questions
What is the best LIC plan for a 25-year-old in 2026?
For a 25-year-old, LIC Tech Term (Plan 954) is the best for pure life cover at the lowest premium. For savings + protection, LIC New Jeevan Anand (Plan 915) offers lifelong cover with maturity benefits. For wealth creation, LIC Jeevan Labh (Plan 936) provides high bonus rates. Use DoAide's comparison tool to see exact premiums for your age.
What is the difference between endowment and term plans?
Term plans provide only death benefit — if you survive the policy term, you get nothing back. They offer the highest life cover at the lowest premium. Endowment plans provide both death benefit and maturity benefit — you get a lump sum on surviving the policy term. Endowment premiums are 8-10x higher than term plans for the same sum assured.
Which LIC plan is best for tax saving under 80C?
All LIC plans qualify for Section 80C deduction (up to Rs 1.5 lakh). For pure tax saving, Tech Term gives the lowest premium with maximum coverage. For savings + tax benefits, Jeevan Anand or Jeevan Labh are popular. Maturity amount is tax-free under Section 10(10D) if premium is within limits.
Which LIC plan is best for a child's future?
LIC Jeevan Tarun (Plan 934) is designed for children. It provides survival benefits at ages 20, 22, 24, and the remaining at 25 for education and marriage milestones. LIC New Children's Money Back (Plan 932) is another option with periodic payouts.
How to compare LIC plans on DoAide?
Visit insure.doaide.com/plan-comparison. Select any two LIC plans, enter your age and sum assured, and get an instant side-by-side comparison of premiums, maturity value, death benefit, riders available, surrender value, and loan facility. All free, no signup required.