LIC Jeevan Labh vs Jeevan Anand: 2026 Comparison
Jeevan Labh and Jeevan Anand are LIC's two top-selling endowment plans. Evaluate the critical differences in returns, premium terms, and lifetime protection benefits.
When choosing between LIC Jeevan Labh (Plan 736) [जीवन लाभ] and New Jeevan Anand (Plan 715) [जीवन आनंद], policyholders must decide between maximizing savings returns or securing permanent whole-life protection. Both plans offer tax-free maturity payouts, but their structure and yields differ significantly.
Key Differences Table
| Feature | Jeevan Labh (Plan 736) | Jeevan Anand (Plan 715) |
|---|---|---|
| Premium Paying Type | Limited Pay (Pay 10/15/16 Yrs) | Regular Pay (Pay full term) |
| Bonus Rate (2026) | ₹54 / ₹1,000 SA | ₹44 / ₹1,000 SA |
| Lifetime Cover Benefit | ❌ None (Cover ends at term) | ✅ Yes (Sum Assured continues) |
| Typical XIRR Yield | 5.8% - 6.2% | 5.2% - 5.7% |
Which Plan Should You Buy?
Choose Jeevan Labh if:
You want to maximize your maturity returns. Jeevan Labh PPT structures (like pay 16 for a 25-year term) allow your cash to compound for longer, and the higher declared bonus rate (₹54/1000 SA) results in a larger lump-sum payment.
Choose Jeevan Anand if:
You want lifelong coverage. The primary benefit of Jeevan Anand is that after receiving your maturity proceeds, you maintain a free life cover equal to the basic Sum Assured. When you pass away at any age, your family receives the Sum Assured.
Compare Plans with Real Premium Numbers
Use our interactive tools to calculate exact premiums and compare yields for both plans based on your age.
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