LIC New Jeevan Amar – Plan No. 955

Currently Available Term Insurance Plan UIN: 512N350V02

What Is LIC New Jeevan Amar?

LIC's New Jeevan Amar is a non-linked, non-participating pure term assurance plan available through both online and offline (agent-assisted) channels, offering a choice of level or increasing sum assured options to help cover keep pace with future needs such as inflation or growing family responsibilities.

Key Features

• Pure term protection with a choice of level or increasing sum assured
• Available through agent-assisted purchase as well as online, with the same core plan structure
• Choice of regular, limited, or single premium payment options, where offered
• Riders may be available depending on the option chosen

Who May Consider This Plan

• Customers who want the option of increasing cover over time rather than a fixed level sum assured
• Those who prefer buying a term plan with agent assistance for comparison and application support

Important Considerations

As with any pure term plan, there is no maturity value. The increasing sum assured option typically comes at a higher starting premium than the level option for the same initial cover — worth weighing against your expected future income growth.

Example Scenario

Illustrative only: A 35-year-old could choose the level sum assured option for a fixed cover through to age 65, or the increasing option where the cover rises each year for a period, useful if income and responsibilities are expected to grow.