LIC Scheme 2025 – The Life Insurance Corporation of India (LIC) has once again made headlines with its latest offering in 2025 – a powerful investment plan tailored for individuals aged 18 to 60. This new LIC scheme promises not only life insurance protection but also an impressive return of up to ₹86 lakh along with three exclusive bonus benefits. At a time when financial security is a top concern, this scheme could be a game changer for middle-class families, working professionals, and even young investors.
What Is the New LIC Scheme 2025?
LIC’s latest 2025 scheme is a non-linked, participating endowment plan designed to offer both protection and savings under one umbrella. It’s structured to deliver a lump-sum amount at the end of the policy term or to the nominee in case of the policyholder’s death. With the inclusion of special bonuses and loyalty additions, this plan is particularly appealing for long-term wealth creation.
Key Highlights:
- Coverage available for ages 18 to 60 years
- Maturity benefit up to ₹86 lakh
- Minimum sum assured starts from ₹2 lakh
- Premium paying terms: 10, 15, or 20 years
- Special loyalty and revisionary bonus benefits
- Tax savings under Section 80C and 10(10D)
Eligibility Criteria for LIC Scheme 2025
To be eligible for the LIC Scheme 2025, applicants must be between 18 and 60 years of age at the time of entry. The policy term ranges from 15 to 25 years, and the maturity age should not exceed 75 years. A minimum sum assured of ₹2 lakh is required.
To make sure you qualify for the scheme, take a look at the following eligibility requirements:
| Particulars | Eligibility Details |
|---|---|
| Entry Age | 18 years to 60 years |
| Maximum Maturity Age | 75 years |
| Policy Term | 15 to 25 years |
| Minimum Sum Assured | ₹2,00,000 |
| Maximum Sum Assured | No Limit (subject to underwriting) |
| Premium Payment Modes | Monthly, Quarterly, Half-Yearly, Yearly |
| Medical Test Requirement | Depends on age and sum assured |
Premium Structure and Returns Breakdown
One of the most attractive aspects of this LIC plan is its premium structure, which allows policyholders to pay according to their convenience and still enjoy long-term wealth accumulation.
Sample Premium & Returns Table (For a 30-Year-Old Male, ₹10 Lakh Sum Assured):
| Policy Term | Premium Payment Term | Annual Premium | Maturity Value (with Bonus) | Bonus Benefits |
|---|---|---|---|---|
| 15 Years | 10 Years | ₹74,000 | ₹19.2 Lakh | Loyalty + Final Addition |
| 20 Years | 15 Years | ₹58,000 | ₹38.5 Lakh | Revisionary Bonus |
| 25 Years | 20 Years | ₹46,000 | ₹86 Lakh | All 3 Bonus Benefits |
3 Bonus Benefits That Make This Plan Unique
LIC’s new plan includes three types of bonuses that significantly boost your maturity benefit:
- Loyalty Addition: Given at maturity or on death if the policy is in force for more than 5 years.
- Simple Reversionary Bonus: Declared annually and accumulates over the policy term.
- Final Additional Bonus (FAB): One-time bonus provided at the end of the policy term, based on LIC’s profitability.
These bonuses are not guaranteed but have been consistently paid out in LIC’s traditional plans for decades.
Tax Benefits You Can Avail
This LIC scheme qualifies for multiple tax benefits under Indian Income Tax rules:
- Section 80C: Tax deduction up to ₹1.5 lakh per year on premiums paid.
- Section 10(10D): Entire maturity proceeds are tax-free if the annual premium does not exceed 10% of the sum assured.
- No TDS: On maturity amount if Section 10(10D) conditions are met.
These benefits make the LIC 2025 plan not just a protection plan but also a smart tax-saving instrument.
How to Apply for LIC Scheme 2025
LIC has simplified the enrollment process, making it easy for both online and offline applicants:
- Visit your nearest LIC branch with valid KYC documents.
- Fill in the application form and undergo a medical exam (if required).
- You can also apply through LIC’s official website or through LIC agents.
- Choose your policy term and sum assured as per your financial goals.
Who Should Invest in This LIC Plan?
This LIC plan is ideal for:
- Salaried individuals seeking tax savings and guaranteed returns
- Self-employed professionals looking for safe investment options
- Parents planning for children’s future education or marriage
- Retirees who want to leave behind a large sum for dependents
- Young adults planning early financial security
Comparison With Other LIC Plans
Here’s a quick comparison between the LIC 2025 Plan and two popular existing schemes:
| Feature | LIC 2025 Plan | Jeevan Anand Plan | New Endowment Plan |
|---|---|---|---|
| Maximum Return | ₹86 Lakh | ₹45 Lakh | ₹40 Lakh |
| Bonus Types | 3 (Loyalty, SRB, FAB) | 2 (SRB, FAB) | 2 (SRB, FAB) |
| Flexibility in Terms | 15–25 Years | 15–35 Years | 12–35 Years |
| Maturity + Life Cover | Yes | Yes | Yes |
| Age Group | 18–60 Years | 18–50 Years | 18–55 Years |
LIC’s new 2025 plan is a power-packed combination of life insurance, wealth building, and bonus payouts. With a potential return of up to ₹86 lakh, tax savings, and low-risk coverage, it stands out as a must-have policy for anyone between 18 and 60 looking for long-term financial stability. As with any investment, it is wise to consult a certified LIC advisor to evaluate which variant best suits your financial goals and health conditions.
Frequently Asked Questions (FAQs)
Q1. What is the minimum investment amount in this LIC 2025 scheme?
The minimum sum assured is ₹2,00,000. Premiums vary depending on age, term, and coverage amount.
Q2. Can I get a loan against this policy?
Yes, after paying premiums for at least 3 years, you can avail a loan against the policy value.
Q3. Are the bonuses guaranteed in this LIC scheme?
Bonuses like Loyalty Addition and Final Additional Bonus are not guaranteed but are based on LIC’s financial performance.
Q4. Is this policy suitable for NRIs?
Yes, NRIs can apply if they meet LIC’s eligibility and KYC requirements. Terms may vary slightly.
Q5. How do I calculate my returns under this scheme?
LIC provides an illustration of maturity benefits during policy purchase. You can also use LIC’s online premium calculator for estimates.