Jeevan Labh LIC Plan Table No. 836

Jeevan Labh LIC Plan 2016 Table No. 836 benefit, Premium Calculation, New Chart, Policy Review, Loyalti Additions information for LIC Agents and Customers.

LIC Jeevan Labh Plan Table No. 836 Maturity Benefit in Complete Detail

Life Insurance Corporation of India (LIC) recently announced new endowment plan on 4th january which is called name as Jeevan Labh LIC Plan under the Table no. 836. A Unique Identification Number which is given by the LIC Jeevan Labh Plan and that is 512N304V01. OWho required to buy the policy of Jeevan Labh have to quote policy holder relevant documents and UIN No.

Jeevan Labh new plan 2016 hd logo

Jeevan Labh new plan 2016 hd logo

LIC Jeevan Labh Plan who is non Linked (Not Dependent on Share Market) limited Premium Paying Endowment Plan So for this Table no. 836 Policy holder pay term in less than policy term For Example If policy term 16 has selected then Policyholder have to paid only 10 years time premium and maturity amount will be paid after the 16 Years of Completion. This Jeevan Labh Policy is same liek jeevan shree which is currently close on sale and it is one of the highest bonus attracting plan of LIC in history. So all the policy holder may try this Jeevan Labh Policy.

Also see Other LIC Plan : Jeevan Shikhar   | Jeevan Pragati | New Jeevan Anand | LIC Money Back Policy


Key Features of LIC Jeevan Labh Plan

  • Higher Return due high bonus
  • under this policy Premiums need to be paid for less number of years than Maturity year
  • Ideal Plan for planning Child’s Education and Marriage
  • Options to avail accidental benefit and term riders
  • Paid premiums on this policy are exempted from income tax under 80C
  • Maturity amount of jeevan labh is tax free under 10 (10D)

Table No. 836 – Jeevan Labh Plan Parameters

Minimum Age at Entry 8 Years (Completed)
Maximum Age at Entry 59 Years for 16 Year Term
54 Years for 21 Year Term
50 Years for 25 Year Term
Premium Paying Mode Yearly, Half Yearly, Quarterly, Monthly (ECS Only)
Calculate Your Premium
Policy Term (Premium Payment Term) 16(10), 21(15), 25(16)
Basic Sum Assured amount 2,00,000 and above (in multiple of 10,000)
Premium Payment Mode rebate 2% on yearly, 1% on Half Yearly, Nil on Quarterly & Monthly
Rebate on High Sum Assured
(Per 1000 of Sum Assured)
0% up to 4,90,000
1.25% for 5,00,000 to 9,90,000
1.50% for 10,00,000 to 14,90,000
1.75% for 15,00,000 and above
Loan Facility After 3 years
Surrender info After 3 years of full premium payment

Maturity Benefits:

On survival of the Life Assured after the completion of policy term at maturity,

Maturity benefit (Benefits payable on maturity) = Basic Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

Death Benefits:

In case Policy holder death during the policy term then Death Benefit : ‘Sum Assured on Death’ + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

Ho to Buy Jeevan Labh LIC Policy ? Which Procedure have to do to Bought Jeevan Labh Plan ?

If you want to buy LIC Jeevan Labh Policy then below is the require document for that.

  • Application form/ Proposal form No. 300, 340 and 360 along with a photo.
  • Address proof.
  • Age proof.
  • Medical reports(if required).
LIC Jeevan Labh Premier Calculator - Wall Chart

LIC Jeevan Labh Premier Calculator – Wall Chart

Death Claim Details

death claim details for 15lakh
Year Age Normal Life Cover (Approx) Accidental Life Cover (Approx)
2016 24 1953000 3453000
2017 25 2031000 3531000
2018 26 2109000 3609000
2019 27 2187000 3687000
2020 28 2265000 3765000
2021 29 2343000 3843000
2022 30 2421000 3921000
2023 31 2499000 3999000
2024 32 2577000 4077000
2025 33 2655000 4155000
2026 34 2733000 4233000
2027 35 2811000 4311000
2028 36 2889000 4389000
2029 37 2967000 4467000
2030 38 2715000 4215000
2031 39 2800500 4300500
2032 40 2893500 4393500
2033 41 2986500 4486500
2034 42 3117000 4617000
2035 43 3277500 4777500
2036 44 3400500 4900500
2037 45 3591000 5091000
2038 46 3744000 5244000
2039 47 3897000 5397000
2040 48 4125000 5625000

How to Claim LIC New Plan of Jeevan Labh – Closing Procedure

Below are the necessary Document to claim Procedure for LIC Jeevan Labh Table no. 836.

  • Original Policy Document
  • NEFT Mandate Form.
  • Proof of Title.
  • Death Certificate.
  • Accident/ Disability Proof (as mentioned in the rider circular).
  • School/ College/ employer’s certificate.
  • If age is not admitted under the policy, the proof of age of the Life Assured shall also be submitted.

Premium Calculator of Jeevan Labh LIC Plan 2016 which is under TAble no. 836

Here we share with you LIC Jeevan Labh Plan 836 Premium and Maturity Calculator. To calculate Premium of Jeevan Labh online kindly enter the following details on the below box.

  • Name.
  • Email Id.
  • Mobile.
  • Age.
  • Term.
  • Sum Assured

After submit all the above information you can easily calculate the LIC Jeevan Labh Plan Premium amount. .

Also see : Jeevan Shikhar Table No. 837 LIC New Plan

More information for this Jeevan Labh Table no. 836 Plan

Can This Policy Provide the Loan Facility ?

Yes, Jeevan Labh Plan provide the Loan facility If you paid payment of premiums for at least 3 full years subject to the policy conditions.

Grace Period for Premium Payment in Jeevan Labh ?

Under the LIC Jeevan Labh Table no. 836 Plan grace period is given one month for a yearly payment of premium.

Participation in Profit ?

Yes This Plan of Jeevan Labh is participate in Profits of Corporation so receive simple reversionary bonuses.

Paid up Value

Paid-up Value = Basic Sum assured x (No. of premiums paid/ Total no. of premiums payable)

Surrender Value

You can Close / Surrendered this plan at any time 3 Full years premium necessary for full payment.

Suicide Clause

If policy holder suicide before 12 month from the commencement of risk date then he/she will be return 80% amount of premiums paid and its are excluding taxes.

Top 10 Best Life Insurance Companies In India

Life Insurance Corporation of India (LIC)

This is the largest and number one insurance corporation of India established in 1956 whose head quarters is located at Mumbai, India. They are very famous because of their best outstanding plans like Insurance plans, pension plans, health plans and many more. Here is a list of their plans

      1. Endowment Plan:
      2. i) Single Premium Endowment Plan
      3. ii) New Endowment Plan

iii) New Jeevan Anand

      1. iv) Jeevan Rakshak
      2. v) Limited Premium Endowment Plan
      3. vi) Jeevan Lakshya
  1. Money Back Plan:
  2. i) New Money Back Plan – 20 Years
  3. ii) New Money Back Plan – 25 Years

iii) New Bima Bachat

  1. iv) New Children’s Money Back Plan
  2. v) Jeevan Tarun
  1. Term Assurance Plan:
  2. i) Anmol Jeevan II
  3. ii) Amulya Jeevan II

iii) e-Term

  1. iv) New Term Assurance Rider
  1. Pension Plans:
  2. i) Jeevan Akshay-VI
  3. ii) New Jeevan Nidhi

iii) Varishtha Pension Bema Yojana

  1. Micro Insurance Plan
  1. Withdrawn Plan

»Profit Plus »Jeevan Nischay »Wealth Plus »Jeevan Aastha »Money Plus-I »Jeevan Varsha »Child Fortune Plus »Fortune Plus »Jeevan Saathi Plus »Health Plus attached file is in PDF Document Format »Samridhi Plus » Pension Plus »Jeevan Nidhi »New Jeevan Dhara-I »LIC New Jeevan Suraksha-I »Jeevan Vriddhi »LIC Jeevan Vaibhav (Single Premium Endowment Assurance Plan) »Jeevan Sugam »Two Year Temporary Assurance Policy »lic Mortgage Redemption »Flexi Plus »CDA Endowment Vesting At 21 »CDA Endowment Vesting At 18 »The Whole Life Policy- Limited Payment »Health Protection Plus »Jeevan Arogya »Bima Account 1 »The Whole Life Policy »Bima Account 2 »Jeevan Pramukh »Jeevan Mitra(Double Cover Endowment Plan) »Anmol Jeevan-I »New Jeevan Nidhi »Jeevan Amrit »Jeevan Surabhi-25 Years »Jeevan Chhaya »VARISHTHA PENSION BIMA YOJANA (UIN:512G291V01) »Market Plus I »Jeevan Bharthi-I »Jeevan Surabhi-20 Years »The Money Back Policy-25 Years »Jeevan Mitra(Triple Cover Endowment Plan) »Jeevan Surabhi-15 Years »The Whole Life Policy- Single Premium »Jeevan Anurag »Komal Jeevan »Child Career Plan »Child Future Plan »Jeevan Kishore »Jeevan Chhaya »Marriage Endowment »Educational Annuity Plan »Jeevan Saathi »Jeevan Shree-I »Jeevan Ankur »The Endowment Assurance Policy – Limited Payment »New Janaraksha Plan »The Money Back Policy – 20 Years »Jeevan Tarang »The Endowment Assurance Policy »Jeevan Anand »Bima Bachat »Jeevan Aadhar »Jeevan Vishwas »Endowment Plus »New Bima Gold »Bima Nivesh 2005 »Jeevan Saral »Jeevan Deep »Jeevan Mangal »Jeevan Madhur »Jeevan Mangal »Amulya Jeevan-I »LIC’s Jeevan Shagun »Lic’s Jeevan Shikhar

  1. SBI Life Insurance Company Limited

This is ranked at 2nd position in the list of best insurance companies in India, which was founded in 2001, whose headquarters is located at Mumbai, India. Currently this organization holds more than 7500 office side employees and more than 96000 agents and for more information you can visit their official website

  1. Birla Sun Life Insurance Company Limited (BSLI)

This is one good successful company which is a joint venture between the Aditya Birla Group and the Sun Life Financial Inc.  It was established in 2000 and had more than 1,33,000 employees and the current value of this mega company is 21062 crores you can visit their official website

  1. Reliance Life Insurance Company (RLIC)

This is a part of the legendary Reliance group of companies and its headquarters is located at Navi, Mumbai, India. The RLIC offers different kind of plans who has more than 125000 active agents with 1230 branches you can get your nearest branch address at

  1. ICICI Prudential Life Insurance:

This is one joint venture between the top private bank ICICI and Prudential Plc a top financial organization so its headquarters are in United Kingdom and currently they have good brand value in market. Website Address:

  1. Tata AIG Life Insurance:

It was joint venture between the successful business giant Tata group and American International Group (AIG) its headquarters are in Mumbai which was founded in 2001 and they offer certain insurance like Health, life , motor, accident etc.., website address:

  1. ING Vysya Life Insurance:

Its head quarters in Bangalore and established in 2001 and according to recent records they hold more than 1 million policies in India that includes life insurance, retirement plans etc.., website address:

  1. Bajaj Allianz Life Insurance:

A joint venture from Bajaj company and Allianz foundation which was founded in 2001 and its head quarters is in Pune, India. Website Address:

  1. Max Life Insurance

A good join venture between Mitsui Sumitomo insurance and Max India Limited and is founded in 2000 whose headquarters in New Delhi, India. Website Address:

  1. HDFC Standard Life Insurance:

Its headquarters in Mumbai, India and is founded in 2000 by Hasmukhbhai Parekh and it offers savings, personal, Health and Children and Women related plans. Website Address:

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