Looking for the latest LIC plans in 2026? This comprehensive guide covers all the current LIC plans available for purchase in 2026, with their table numbers, key features, eligibility, and indicative premium rates. Whether you want a pure endowment plan, money-back, or a whole-life plan, LIC has an option for every financial goal.
Current LIC Plans in 2026 - At a Glance
| Plan Name | UIN/Table | Type | Best For |
|---|---|---|---|
| LIC New Endowment Plan | 714 | Endowment | Balanced savings + cover |
| LIC New Jeevan Anand | 715 | Endowment + Whole Life | Most popular, lifelong cover |
| LIC New Money Back 20Y | 720 | Money Back | Periodic income, 20 yr term |
| LIC New Money Back 25Y | 721 | Money Back | Periodic income, 25 yr term |
| LIC Jeevan Lakshya | 733 | Limited Premium + Income | Family income on death |
| LIC Jeevan Labh | 736 | Limited Premium Endowment | High maturity, front-load premium |
| LIC Jeevan Umang | 745 | Income + Whole Life | Annual income + lifelong cover |
| LIC Jeevan Utsav | 883 | Single Premium Whole Life | One-time investment |
1. LIC New Endowment Plan (Table 714)
The classic LIC endowment plan. Pay premiums for the entire term, get life cover throughout, and receive Sum Assured + Bonus + FAB at maturity.
- Term: 12 to 35 years
- Age at entry: 18 to 55 years
- Minimum Sum Assured: ₹1,00,000
- Indicative bonus: ~₹48 per ₹1,000 SA per year
👉 Full details & calculator for Plan 714 →
2. LIC New Jeevan Anand (Table 715) - Most Popular
Endowment + Whole Life in one plan. Get maturity benefit at end of term AND life cover continues till age 100 without paying more premium.
- Term: 15 to 35 years
- Age at entry: 18 to 65 years
- Minimum Sum Assured: ₹1,00,000
- Indicative bonus: ~₹52 per ₹1,000 SA per year
👉 Full details & calculator for Plan 715 →
3. LIC New Money Back Plan 20Y (Table 720)
Get 20% of Sum Assured back every 5 years (at years 5, 10, 15), plus 40% at maturity. 20-year fixed term.
- Term: 20 years (fixed)
- PPT: 15 years (pay premiums for 15 years)
- Age at entry: 13 to 50 years
- Minimum Sum Assured: ₹1,00,000
👉 Full details & calculator for Plan 720 →
4. LIC New Money Back Plan 25Y (Table 721)
Get 15% of Sum Assured back every 5 years (at years 5, 10, 15, 20), plus 40% at maturity. 25-year fixed term.
- Term: 25 years (fixed)
- PPT: 20 years
- Age at entry: 13 to 45 years
- Minimum Sum Assured: ₹1,00,000
👉 Full details & calculator for Plan 721 →
5. LIC Jeevan Lakshya (Table 733)
Unique "income replacement" plan. On death, family gets lump sum + 10% of SA as annual income till the original maturity date.
- Term: 15 to 35 years
- PPT: Term - 3 (15-25 yr) or Term - 5 (26-35 yr)
- Age at entry: 18 to 50 years
- Family income: 10% of SA per year on death
👉 Full details & calculator for Plan 733 →
6. LIC Jeevan Labh (Table 736) - Limited Premium
Pay for 10/15/16 years, enjoy benefits for 16/21/25 years. Highest maturity among endowment plans due to bonus accumulation.
- Term options: 16, 21 or 25 years
- PPT options: 10, 15 or 16 years
- Age at entry: 16 to 50 years
- Minimum Sum Assured: ₹2,00,000
👉 Full details & calculator for Plan 736 →
7. LIC Jeevan Umang (Table 745) - Annual Income
Money-back + whole life. Get 8% of Sum Assured as annual income from end of PPT till maturity, plus whole life cover till 100.
- Term: 15 to 30 years
- PPT: 15, 20 or 25 years
- Age at entry: 18 to 50 years
- Annual income: 8% of SA per year
👉 Full details & calculator for Plan 745 →
8. LIC Jeevan Utsav (Table 883) - Single Premium
Pay once, get guaranteed additions every year, life cover till 100, and maturity benefit. No further premiums needed.
- Premium: Single (one-time)
- Term: 10 to 40 years
- Age at entry: 18 to 65 years
- Special: Guaranteed Additions declared upfront
👉 Full details & calculator for Plan 883 →
How to Choose the Best LIC Plan for You
Use this simple decision tree:
- Want lifelong cover after maturity? → New Jeevan Anand (715) or Jeevan Umang (745)
- Want periodic payouts during the term? → Money Back 720/721 or Jeevan Umang 745
- Want to finish paying premiums early? → Jeevan Labh 736 (limited premium)
- Want family income on your death? → Jeevan Lakshya 733 (annual income for family)
- Want one-time investment? → Jeevan Utsav 883 (single premium)
- Want basic endowment with high trust? → New Endowment 714
Compare LIC Plans Side by Side
Use our LIC Premium Calculator to compare premiums across all plans, or our Maturity Calculator to see the total maturity benefit for each plan.