LIC ₹2,00,000 Per Year Policy 2026: Best Plans & Returns

Find the best LIC policies for a premium budget of ₹2,00,000 per year (₹2,00,000 annually). Compare Sum Assured, maturity benefits, and XIRR yields.

Plan Comparison for ₹2,00,000 Year Budget (30 Yr Proposer)

LIC Policy Plan	Policy/Pay Term	Sum Assured	Total Premium Paid	Est. Maturity Payout	Est. XIRR
LIC Jeevan Labh (736)	21 Yrs / 15 Yrs	₹32.00 Lakh	₹30,00,000	₹76.29 Lakh	5.14%
LIC Jeevan Anand (715)	20 Yrs / 20 Yrs	₹39.55 Lakh	₹40,02,460	₹82.26 Lakh	6.45%
LIC Jeevan Lakshya (733)	21 Yrs / 18 Yrs	₹44.95 Lakh	₹36,00,504	₹93.23 Lakh	6.76%

💡 Coverage vs. Returns Trade-Off

Note that while plans like Jeevan Anand (yielding 6.45%) and Jeevan Lakshya (yielding 6.76%) yield slightly below the 7.1% offered by PPF, they include integrated high-value life protection. If your primary goal is maximizing returns and you already have sufficient term cover, Jeevan Labh (yielding 5.14%) is the superior wealth-building instrument.

How to Choose the Best LIC Policy for ₹2,00,000/year

With a annual savings capacity of ₹2,00,000, you are investing a total of ₹2,00,000 annually. Over a typical 15 to 21-year period, this translates to a substantial fully tax-free retirement or endowment fund under Section 10(10D). Consider these three primary options:

LIC Jeevan Labh (Plan 736) — Best for Returns: Features the highest reversionary bonus rates (₹54 per ₹1,000 SA in 2026). Under your budget, it will yield an estimated maturity amount of ₹76.29 Lakh against a total premium of ₹30,00,000 paid over 15 years, giving a compound return (XIRR) of 5.14%.
LIC New Jeevan Anand (Plan 715) — Best for Life Cover: Gives a maturity payout of ₹82.26 Lakh against a total premium of ₹40,02,460 paid over 20 years, yielding an XIRR of 6.45%. In addition, you get a lifetime basic cover continuation of ₹39.55 Lakh even after maturity.
LIC Jeevan Lakshya (Plan 733) — Best for Child Protection: Gives an estimated maturity amount of ₹93.23 Lakh against a total premium of ₹36,00,504 paid over 18 years, yielding an XIRR of 6.76%. In case of proposer's demise, all future premiums are waived and 10% of SA is paid annually to the family.

हिं

एलआईसी ₹2,00,000 प्रति माह पॉलिसी — LIC Plan in Hindi

यदि आपका बजट ₹2,00,000 प्रति वर्ष है, तो आपके पास निवेश के लिए 3 बेहतरीन विकल्प हैं: 1. जीवन लाभ (प्लान 736): सबसे अधिक रिटर्न के लिए। ₹₹32.00 Lakh की पॉलिसी पर करीब ₹76.29 Lakh का मैच्युरिटी फंड मिलेगा। 2. जीवन आनंद (प्लान 715): सुरक्षा और जीवन भर के लाइफ कवर के लिए। 3. जीवन लक्ष्य (प्लान 733): बच्चों की उच्च शिक्षा और संरक्षण के लिए।

•बजट: ₹2,00,000 प्रति साल
•कर लाभ: धारा 80C और 10(10D) के तहत पूर्ण टैक्स छूट

Frequently Asked Questions

With a budget of ₹2,00,000 per year, Jeevan Labh (Plan 736) stands out as the best plan for pure maturity returns, yielding an estimated 5.14% XIRR. If you prioritize securing your family with lifelong protection, Jeevan Anand (Plan 715) with an estimated 6.45% XIRR is the most popular choice. For child education security, Jeevan Lakshya (Plan 733) is recommended.

For a healthy 30-year-old proposing a premium of ₹2,00,000/year, the Sum Assured is approximately ₹32.00 Lakh for Jeevan Labh, ₹39.55 Lakh for Jeevan Anand, and ₹44.95 Lakh for Jeevan Lakshya.

Yes, for your budget of ₹2,00,000/year (₹2,00,000 annually), the maturity proceeds and survival benefits will be 100% tax-free under Section 10(10D) of the Income Tax Act. This is because your total annual premium is well below the ₹5 Lakh statutory threshold and the premium is less than 10% of the basic Sum Assured.