When it comes to trust, security, and long-term investment, the Life Insurance Corporation of India (LIC) stands as the first choice for millions of Indians. With decades of experience, LIC has consistently introduced innovative policies designed to offer financial protection, guaranteed savings, and attractive returns.
As we step into 2025, many investors are looking for LIC plans that balance security, savings, and maximum returns. To help you decide better, we have listed the Top 5 Best LIC Plans 2025 that are among the highest-selling and most beneficial life insurance schemes.
Why Choose LIC Plans in 2025?
- Trusted Institution: LIC is India’s oldest and most reliable life insurer.
- Multiple Benefits: From risk cover to maturity benefits, LIC plans are designed to suit every financial need.
- Tax Savings: LIC premiums are eligible for deductions under Section 80C of the Income Tax Act.
- Long-Term Security: Provides a financial cushion for your family in uncertain times.
Top 5 Best LIC Plans in 2025
1. LIC Jeevan Labh (Best for Guaranteed Returns)
- A limited premium paying endowment plan.
- Offers maturity benefit along with risk cover.
- Ideal for those looking for savings + protection in one policy.
Key Benefits:
- Policy Term: 16, 21, or 25 years
- Premium Paying Term: 10, 15, or 16 years
- Bonus additions increase overall maturity value.
2. LIC New Jeevan Anand (Best for Lifetime Protection)
- Combines endowment and whole-life coverage.
- Even after policy maturity, risk cover continues throughout life.
Key Benefits:
- Minimum Sum Assured: ₹1,00,000
- Lifetime risk cover even after maturity
- Option to avail loan against policy
3. LIC Tech Term Plan (Best Online Term Insurance)
- A pure protection plan available online.
- Offers high life cover at affordable premiums.
Key Benefits:
- Sum Assured starts from ₹50 Lakhs
- Policy term: 10 to 40 years
- Low premium compared to offline policies
4. LIC Jeevan Umang (Best for Lifetime Income + Insurance)
- A unique plan providing income till age 100.
- Provides survival benefits every year after premium payment term.
Key Benefits:
- Lifetime annual income after completion of premium term
- Death benefit for family in case of untimely demise
- Bonus benefits increase maturity value
5. LIC Jeevan Amar (Best Customizable Term Plan)
- A flexible and affordable term plan for maximum coverage.
- Offers increasing cover options with add-ons.
Key Benefits:
- High coverage at low cost
- Flexible premium payment options (yearly/half-yearly)
- Option to enhance cover with riders
LIC Plan Comparison Table 2025
Here’s a simplified table to compare the top 5 LIC plans:
| Plan Name | Coverage Type | Policy Term | Special Benefit | Best For |
|---|---|---|---|---|
| LIC Jeevan Labh | Endowment + Protection | 16-25 years | Bonus + Guaranteed Returns | Long-term savings & cover |
| New Jeevan Anand | Endowment + Whole Life | Upto Lifetime | Risk cover continues after maturity | Lifetime protection |
| Tech Term Plan | Pure Term Insurance | 10-40 years | High cover at low premium | Online buyers, breadwinners |
| Jeevan Umang | Endowment + Lifetime | Till 100 yrs | Yearly income till age 100 | Pension seekers & families |
| Jeevan Amar | Pure Term Insurance | 10-40 years | Customizable coverage with riders | Flexible term seekers |
Which LIC Plan Should You Choose in 2025?
- If you want guaranteed returns + life cover → Choose Jeevan Labh.
- If you need lifetime protection → Go for New Jeevan Anand.
- If you want pure term cover at low premium → Tech Term Plan is best.
- If you prefer regular income till old age → Select Jeevan Umang.
- If you want customizable coverage → Jeevan Amar suits you.
Frequently Asked Questions (FAQs)
Q1. Which is the best LIC plan for 2025?
The best LIC plan depends on your goal. For guaranteed returns, choose Jeevan Labh; for lifelong coverage, New Jeevan Anand; for low-cost pure protection, Tech Term Plan is best.
Q2. Can I buy LIC policies online?
Yes, LIC offers online purchase options for plans like Tech Term Plan and Jeevan Amar, making it easy and hassle-free.
Q3. Are LIC plans tax-free?
Yes, premiums qualify for tax deduction under Section 80C, and maturity proceeds are usually tax-free under Section 10(10D).
Q4. What is the minimum premium for LIC plans in 2025?
Premiums vary depending on the plan, but some term plans like Tech Term start at just a few hundred rupees per month.
Q5. Which LIC plan is best for retirement?
LIC Jeevan Umang is highly recommended for retirement, as it provides annual income till age 100 along with life cover.