The Key to Your Financial Freedom :LIC Jeevan Saral Policy Details

LIC Jeevan Saral Policy Details

Jeevan Saral is a popular life insurance policy offered by Life Insurance Corporation of India (LIC). It is a non-linked, individual endowment insurance plan that provides a combination of protection and savings. It’s a flexible policy that offers both protection and savings. Here are the main points:


  1. Flexibility: You can choose how much you want to pay as premiums and how long you want the policy to last based on your financial goals.
  2. Death Benefit: If you pass away during the policy term, your nominee gets a payout (sum assured) along with any loyalty additions mentioned in the policy.
  3. Maturity Benefit: If you live through the policy term, you receive the sum assured and any loyalty additions, if applicable.
  4. Loyalty Additions: LIC may add loyalty bonuses to your Policy as per LIC jeevan Saral loyalty Addition 2023 , which you receive when the policy matures or in the event of your death.
  5. Surrender Value: You can surrender the policy after a certain number of years and get a payout according to the policy’s terms.
  6. Loan Facility: You can take a loan against your policy’s surrender value under certain conditions.
  7. Premium Payment: You can pay premiums monthly, quarterly, half-yearly, or yearly, depending on what suits you.

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Eligibility Criteria:

Entry AgeMinimum: 35 years
Maturity AgeMinimum: 60 years
Premium Payment TermMinimum: 10-35 years
Policy TermMinimum: 10-35 years
Sum Assured250 times the monthly premium
Minimum Monthly PremiumFor 12 years – 49 years: Rs. 250
For 50 years – 60 years: Rs. 400
Maximum Monthly PremiumRs. 10,000
Modes of Premium PaymentYearly, half-yearly, quarterly, monthly, and SSS

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  • Life Insurance: Jeevan Saral provides financial security for your family if something happens to you.
  • Savings and Investment: It helps you save money while also investing it, so you can build savings over time.
  • Flexibility: You can adapt the policy to your changing financial needs.
  • Loyalty Additions: Potential bonuses can increase the benefits when your policy matures or in the case of your demise.


  • Customizable: You can adjust premiums and policy terms to match your needs and budget.
  • Life Cover: Your loved ones are financially protected in case of your untimely death.
  • Savings and Returns: Jeevan Saral combines savings and investment, potentially giving you returns along with insurance.


  • Complexity: The policy’s flexibility can be a bit complicated, and you need to carefully understand all the options and potential benefits.
  • Premiums: If you want a high sum assured and a longer policy term, the premiums can be relatively high.
  • Market-Linked Returns: Unlike pure investment products, Jeevan Saral’s returns depend on LIC’s performance and may not offer market-linked returns.
  • Limited Transparency: How LIC calculates returns and bonuses might not be very transparent, as it’s at their discretion.

LIC Jeevan Saral 165 Maturity Calculator :

To use a LIC jeevan saral 165 maturity Calculator , you just need to provide some important details:

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  1. Policy Term: This is the number of years you plan to keep the policy.
  2. Premium Amount: It’s the money you pay as premiums, and you can choose to pay it monthly, quarterly, half-yearly, or yearly.
  3. Sum Assured: This is the guaranteed amount you’ll receive at the end of the policy term.
  4. Loyalty Additions: If your policy includes lIC Jeevan Saral loyalty addition 2023 , you can find this information in your policy documents or by contacting LIC.

The LIC Jeevan Saral Maturity Calculator determines the maturity amount in LIC’s Jeevan Saral Plan by considering two key factors: the Loyalty Addition (LA) and the Maturity Sum Assured (MSA) declared during the maturity year. To calculate the maturity value, this calculator takes into account your entry age when you purchased the LIC policy, the premium you’ve paid, and the chosen policy term. It then adds the Loyalty Addition to provide you with an approximate idea of your maturity value.

LIC Jeevan Saral plan 165 is a non-unit linked insurance plan known for its benefits. It offers a lump sum payout of 250 times the premium paid. This plan serves a dual purpose by providing both protection and a means to save money. With LIC Jeevan Saral, you not only secure your future but also have the opportunity to accumulate sufficient funds to achieve significant financial goals in life.

Final Words :

LIC’s Jeevan Saral is a flexible life insurance policy that offers protection and savings. It allows you to choose premiums and policy terms according to your financial goals. If you pass away during the policy, your family gets a payout. If you live through it, you receive a sum assured plus loyalty additions. You can also surrender the policy if needed. While it provides insurance and savings, however it’s important to consider your financial needs before choosing it and mandatory to Consult LIC or an advisor for the latest details and personalized advice.

Faqs For Lic Jeevan Saral Policy Details :

What Is LIC Jeevan Saral Plan 165 ?

LIC Jeevan Saral plan 165 is a popular life insurance policy offered by Life Insurance Corporation of India (LIC). It is a non-linked, individual endowment insurance plan that provides a combination of protection and savings.

How To Find LIC Jeevan Saral 165 Maturity Calculator ?

LIC Jeevan Saral 165 Maturity Calculator :
Go To Official Website.

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