What you get
- Death benefit: sum assured or 105% of premiums paid, whichever is higher
- Optional Accident Benefit rider on Regular / Limited premium
- Premium under 80C; death benefit under 10(10D) (conditions apply)
- No loan, paid-up or surrender value — it is pure risk cover
- Plan 894 · premiums vary by age, term and smoker status
Illustrative — actual premium and benefits depend on age, term and insurer rules.
Worked example
Sample: age 22, ₹8 lakh cover
You pay
₹1.71 lakh
₹4,492 a year for 38 years · about ₹12 a day
You get
₹8 lakh
to the family if something happens — no maturity amount (pure cover)
- Yearly
- ₹4,492
- Half-yearly
- ₹2,291
- Age at start
- 22 years
- Sum assured
- ₹8,00,000
- Policy term
- 38 years
- You pay for
- 38 years
Standard rates for a healthy life; underwriting extras not included. Illustration for Jeevan Raksha from the insurer's presentation — not a quote. Your premium depends on your age, term and health.
Partner flyer
Bima Dumka · Issued by LIC · Free call back from a licensed advisor at https://bima.urbanstall.app/plan/lic-jeevan-raksha · No payment is taken on this site.
Issued by LIC
Policy, premium and claims are with the insurer.
Free advice
A licensed advisor explains it before you decide.
No pressure
Compare, ask, and buy only if it fits.
