The two newly launched plans are LIC's Nav Jeevan Shree (Plan 912) and LIC's Nav Jeevan Shree Single Premium (Plan 911). Sat Pal Bhanoo, Chief Executive Officer & Managing Director (In-Charge) of LIC made this announcement on July 4, 2025.
LIC's Nav Jeevan Shree Regular Premium Plan
LIC's Nav Jeevan Shree (Plan 912) is a regular premium plan intended for individuals, especially from the younger generation, who aim to fulfill their long-term goals and responsibilities while securing financial protection. This plan is ideal for those looking to systematically save over time and simultaneously safeguard their loved ones through life insurance benefits.
On the other hand, LIC's Nav Jeevan Shree Single Premium (Plan 911) is tailored for customers who prefer a one-time investment option. It allows policyholders to make a single premium payment while still enjoying the dual advantages of life coverage and corpus building. This plan is suitable for those seeking a hassle-free insurance product with guaranteed returns over the policy term.
Each of these plans has been assigned a unique identification number for regulatory and administrative purposes. LIC's Nav Jeevan Shree (Plan 912) bears the UIN: 512N387V01, while LIC's Nav Jeevan Shree Single Premium (Plan 911) carries the UIN: 512N390V01. Both plans also offer Guaranteed Additions throughout the term of the policy, ensuring stable and predictable growth of the invested amount, even amid a volatile interest rate environment.
Both plans are aimed at offering financial security while helping policyholders build a guaranteed savings corpus to meet future life goals such as education, marriage, retirement, or emergency needs.
In a statement, LIC reiterated its commitment to innovation in life insurance solutions that address changing customer expectations, particularly those of a more financially aware and digitally active younger generation.
For more information and plan details, customers are encouraged to visit the official LIC website or reach out to their nearest LIC branch or agent.