{"id":73,"date":"2025-11-20T08:39:48","date_gmt":"2025-11-20T08:39:48","guid":{"rendered":"https:\/\/licagent.pro\/?p=73"},"modified":"2025-11-20T08:39:48","modified_gmt":"2025-11-20T08:39:48","slug":"lic-nav-jeevan-shree-plan","status":"publish","type":"post","link":"https:\/\/licagent.pro\/?p=73","title":{"rendered":"LIC NAV Jeevan Shree Plan"},"content":{"rendered":"\n

A High-Value Endowment Plan for Savings + Protection<\/em><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

LIC\u2019s\u00a0NAV Jeevan Shree Plan<\/strong>\u00a0is a thoughtfully crafted life insurance plan offering guaranteed additions, dual death benefit options, and tax savings \u2014 all under a limited premium payment structure. Whether you\u2019re planning your financial future or protecting your loved ones, this plan delivers powerful benefits that grow over time.<\/p>\n\n\n\n

Dual Benefit: Protection + Savings<\/strong><\/h4>\n\n\n\n

It\u2019s an endowment assurance plan that provides life cover during the term of the policy and a lump sum payout at maturity. So, you\u2019re covered while also saving for your future.<\/p>\n\n\n\n

Guaranteed Additions Every Year<\/strong><\/h4>\n\n\n\n

Get a guaranteed percentage of your premium added to your policy every year \u2014 providing assured growth of your wealth.<\/p>\n\n\n\n

Flexible Death Benefit Options<\/strong><\/h4>\n\n\n\n

Choose from:<\/p>\n\n\n\n

    \n
  • Option I<\/strong>: Higher of 7 times the Annual Premium (adjusted) or Basic Sum Assured<\/li>\n\n\n\n
  • Option II<\/strong>: Higher of 10 times the Annual Premium or Basic Sum Assured
    This allows you to tailor your life cover as per your needs.<\/li>\n<\/ul>\n\n\n\n

    Maturity Benefit<\/strong><\/h4>\n\n\n\n

    At the end of the term, you\u2019ll receive the Basic Sum Assured + Accumulated Guaranteed Additions<\/strong> \u2014 a tax-free amount.<\/p>\n\n\n\n

    Multiple Payout Options<\/strong><\/h4>\n\n\n\n

    Receive your maturity or death benefits in one lump sum, or opt for easy installments over 5, 10, or 15 years.<\/p>\n\n\n\n

     Liquidity Through Loan & Surrender<\/strong><\/h4>\n\n\n\n

    Need cash in an emergency? After just 1 year of premiums, the policy acquires surrender and loan value. You can borrow against it or surrender it if necessary.<\/p>\n\n\n\n

    Enhanced Coverage via Riders<\/strong><\/h4>\n\n\n\n

    Boost your protection with optional riders like:<\/p>\n\n\n\n

      \n
    • Accidental Benefit Rider (AB)<\/strong><\/li>\n\n\n\n
    • Term Rider<\/strong>
      Pay a small extra premium for extra peace of mind.<\/li>\n<\/ul>\n\n\n\n

      Tax Benefits<\/strong><\/h4>\n\n\n\n
        \n
      • Get\u00a0deductions under Section 80C<\/strong>\u00a0for premiums paid<\/li>\n\n\n\n
      • Enjoy\u00a0tax-free returns under Section 10(10D)<\/strong>\u00a0on maturity<\/li>\n<\/ul>\n\n\n\n
        Particular<\/th>Details<\/th><\/tr><\/thead>
        Plan Name<\/strong><\/td>LIC NAV Jeevan Shree<\/td><\/tr>
        Sum Assured<\/strong><\/td>\u20b910,00,000<\/td><\/tr>
        Policy Term \/ PPT<\/strong><\/td>20 years \/ 12 years<\/td><\/tr>
        Annual Premium (1st Year)<\/strong><\/td>\u20b91,02,252 (Incl. GST)<\/td><\/tr>
        Annual Premium (2nd Year onwards)<\/strong><\/td>\u20b91,00,051 (Incl. GST @2.25%)<\/td><\/tr>
        Total Premium Paid Over 12 Years<\/strong><\/td>\u20b98,39,993<\/td><\/tr>
        Total Returns from LIC<\/strong><\/td>\u20b926,27,869 (Tax-Free)<\/td><\/tr>
        Tax Savings Every Year<\/strong><\/td>\u20b930,235 under Sec. 80C<\/td><\/tr>
        Effective Daily Cost<\/strong><\/td>\u20b9280 only<\/td><\/tr>
        Total Life Cover by Maturity (incl. bonus)<\/strong><\/td>\u20b926.27 Lakhs<\/td><\/tr>
        Additional Accidental Death Benefit<\/strong><\/td>\u20b910 Lakhs<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

        How Your Risk Cover Grows<\/strong><\/h3>\n\n\n\n

        In this plan, your risk cover increases every year thanks to the guaranteed additions.
        At the end of the 20-year term (age 56), your risk cover grows from \u20b910,09,356 to a whopping \u20b926,27,869<\/strong>.<\/p>\n\n\n\n

        You also have the flexibility to take a loan against your policy at 9.5% p.a.<\/strong> or surrender it after 1 year<\/strong>.<\/p>\n\n\n\n

        Who Should Choose This Plan?<\/strong><\/p>\n\n\n\n

        \u00a0Salaried individuals planning long-term financial security<\/p>\n\n\n\n

        \u00a0Parents saving for children\u2019s future<\/p>\n\n\n\n

        Professionals looking for tax-saving investment options<\/p>\n\n\n\n

        Anyone aged\u00a00 to 60 years<\/strong>, looking for a combination of insurance and assured returns<\/p>\n","protected":false},"excerpt":{"rendered":"

        A High-Value Endowment Plan for Savings + Protection LIC\u2019s\u00a0NAV Jeevan Shree Plan\u00a0is a thoughtfully crafted life insurance plan offering guaranteed […]<\/p>\n","protected":false},"author":1,"featured_media":74,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[12],"tags":[],"class_list":["post-73","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment"],"_links":{"self":[{"href":"https:\/\/licagent.pro\/index.php?rest_route=\/wp\/v2\/posts\/73","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/licagent.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/licagent.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/licagent.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/licagent.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73"}],"version-history":[{"count":1,"href":"https:\/\/licagent.pro\/index.php?rest_route=\/wp\/v2\/posts\/73\/revisions"}],"predecessor-version":[{"id":75,"href":"https:\/\/licagent.pro\/index.php?rest_route=\/wp\/v2\/posts\/73\/revisions\/75"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/licagent.pro\/index.php?rest_route=\/wp\/v2\/media\/74"}],"wp:attachment":[{"href":"https:\/\/licagent.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/licagent.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/licagent.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}