Indian Life Insurance Corporation has long been the name that people trust as providing life cover with savings or retirement planning. By 2025, LIC continues to further fine-tune its portfolio to cater to various financial goals, such as protection, investment appreciation, the security of children, shoring up wealth, and steady income post-retirement.
The company has come out with new options, modified some existing products, and made changes in design to meet regulatory requirements and evolving customer expectations. Changes with premiums and tax structures are bound to happen, given shifting lifestyle needs and economic factors; therefore, knowing which LIC plans give you maximum benefit can really help with decision-making rather than the mere following of others.
What Defines a Best LIC Plan in 2025?
Now, most salon-like plans tend to be best sellers, though such popularity alone does not bring forth the true worth of being best for you. The definition of a best plan includes sound life cover, decent returns (bonuses or market-linked growth, as applicable), flexible premium payments, riders, transparency of terms (like in survival or maturity benefits), tax benefits, and according to your horizon (short, medium, long term). In 2025, many LIC plans adequately balance these, providing them with safe returns with some sense of protection or growth.
Top 5 LIC Plans You Must Know
Here are the five LIC schemes generally recommended in 2025, depending on what you need: protection, savings, children’s benefits, or retail.
LIC Jeevan Umang
LIC Jeevan Umang is a whole-life plus an endowment plan that provides for life protection, survival benefits issued every year after the policy has run for certain years, and maturity at the age of 100. It gives one the comfort of knowing that life protection is back by some returns, which are paid from time to time. It is known to match long-term savings with protecting a family and also desire some returns through bonuses.
LIC Jeevan Labh (Plan No. 936)
An endowment plan, non-linked and participating, LIC-Jeevan-Labh is still very much sought after. It gives sums assured plus bonuses; premium paying terms are limited and maturity benefit consists of assured sum, plus loyalty/additional bonuses. Its long-term horizon appeals to people who want savings and insurance. It gives better returns than fixed deposits or small savings in most cases because of bonus additions. ([investgyan.in][1])
LIC New Jeevan Anand
- New Jeevan-Anand is like any traditional policy of LIC combining protection with endowment (saving). Maturity benefit along with bonuses is paid, providing good cover. If you are looking for a bit of balance (not too risky, yet not too miniscule in cover), it mostly finds a mention in the list of “best LIC plans.” ([investgyan.in][1])
LIC New Children’s Money Back Plan
For parents or guardians concerned about the future costs of education, marriage, and other milestones, LIC’s New Children’s Money Back Plan is worthy of consideration. It gives survival benefits in specific years (for example, when children attain certain ages), maturity benefits, and covers insurance in the event of parent’s death. It helps stagger benefit payout instead of being paid out at full maturity. ([PolicyX][2])
LIC Tech Term / LIC Jeevan Amar / Pure Term Plans
In the view of several, young heads of families especially, or anyone who wants to ensure protection for the family and not savings, pure term plans provide the most security for the buck. LIC’s Tech Term Plan (or LIC Jeevan Amar) is one such plan.
The less premium you pay (no savings involved) is used to build a high sum-assured for your family in the unfortunate case of your demise, affording financial security to them. These plans are especially great when coupled with savings or investments of your own. ([PolicyX][2])
What to Watch Out For Before You Choose
While these above plans tend to be fine choices to start with, do check the fine print: what is an extreme historically concerning bonuses, what is the vesting period with respect to survival benefit, what are the surrender charges, what riders are included and which are separate, how might inflation eat into the benefits given over long decades, how premiums are raised-if at all, how the whole thing is structured in terms of a death benefit vis-a-vis a maturity benefit?
Equally important is your own age, health, how long you intend to keep the policy, and whether you may require liquidity. Some plans withmaximum growth are often the least flexible, while protection-oriented plans may seem very cheap now, but might be an ill fit for increased family needs down the road.
Conclusion
What is the best LIC plan for one person may be least for another. What matters more is matching your plans to what you most need-whether it is pure protection, savings, wealth accumulation, child future planning, or ensuring payment at regular intervals late in life.
Out of LIC’s array in 2025, the above-five tend to hit that sweet spot for many users, as they provide a good balance of protection and returns, commands good brand equity, and fit allowed for different goals. Do your bit of homework and compare premium outflow with expected returns, with tax benefits; select the plan that fulfills your present need and secures your future.