Savings & endowment · LIC of India

Grow your savings — with a guarantee.

Disciplined, safe LIC savings plans that build a guaranteed corpus for your goals — a home, retirement, a child's future — while protecting your family along the way.

Guaranteed maturity + bonuses
Life cover built in
₹0 for my advice

What a guaranteed savings plan gives you

Safe, disciplined growth — with protection built in.

✓  Guaranteed maturity amount you know in advance
✓  Bonuses / guaranteed additions that grow the corpus
✓  Life cover throughout the plan term
✓  Loan facility against the policy in an emergency
80C
Premiums deductible up to ₹1.5L / year
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Why it matters

Saving that's guaranteed, not gambled.

Endowment and savings plans are for money you can't afford to put at risk. Unlike market-linked products, a traditional LIC savings plan tells you upfront roughly what you'll receive at maturity — and adds bonuses on top — so you can plan a real-life goal around a number you can trust.

They also carry life cover throughout the term, so if something happens to you, your family still receives the assured amount. As an IRDAI-licensed advisor in [City], I'll help you choose a term and premium that fits your goal and your cash flow — without overselling.

Choose what fits

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Different goals call for different structures. Here's how the main savings options compare — I'll help you pick the right mix.

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Classic

Endowment plans

A fixed maturity amount plus accumulated bonuses at the end of the term, or the sum assured to your family if something happens before then. The dependable core of goal-based saving.

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Liquidity

Money-back plans

Get a percentage of the sum assured back at regular intervals during the term — useful when you want periodic payouts rather than one lump sum at the end.

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Assured

Guaranteed savings plans

Plans with clearly defined guaranteed additions, so the growth on your money is spelled out from day one. Ideal if certainty matters more than chasing higher returns.

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Lifelong

Whole-life savings

Cover that lasts your whole life with a savings element you can borrow against — a practical tool for building and passing on a legacy.

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Retirement

Pension build-up plans

Accumulate steadily during your working years and convert the corpus into a regular income after you retire.

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One-time

Single-premium plans

Have a lump sum sitting idle? Park it once and let it grow with a guaranteed maturity benefit, plus life cover, with no ongoing premiums to remember.

Is it for you?

A savings plan makes sense if you…

Good to have

Features worth knowing about

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Guaranteed maturity

You know the assured amount payable at maturity when you sign up — no guesswork.

Bonuses & additions

Participating plans add bonuses over the years that boost your final payout.

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Flexible premiums

Pay monthly, quarterly, half-yearly or yearly — or once, with a single-premium plan.

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Loan against policy

Borrow against the accumulated value in an emergency instead of surrendering the plan.

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Riders available

Strengthen the plan with accidental-death or disability riders at a small extra cost.

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Personal support

I handle setup, renewals and — if ever needed — the maturity or claim process for you.

Bonus benefit

Protection that also saves you tax

A well-structured savings plan grows your money and trims your tax bill at the same time. I'll make sure it's set up to your advantage.

80CPremiums

Premiums qualify for deduction up to ₹1.5 lakh per financial year.

10(10D)Maturity

Maturity and death benefits are generally tax-free, subject to conditions on the premium-to-cover ratio.

GoalDiscipline

A structured plan enforces the saving habit that a bank account rarely does.

Tax benefits are subject to prevailing tax laws and may change. Please consult your tax advisor.

Simple & transparent

How we'll work together

No cold sales calls. Just a clear path from confusion to confidence.

Free conversation

We talk about your family, your budget, existing cover and what you're worried about.

Honest comparison

I show you the right plans for your goal — with the trade-offs laid out plainly.

You decide

You choose what fits. I handle paperwork, medicals and a smooth, paperless purchase.

Lifelong support

I stay your point of contact for renewals, changes and claims for as long as you hold the policy.

Good to know

Savings & endowment questions I hear a lot

Are the returns really guaranteed?

The core maturity benefit in a traditional endowment or guaranteed savings plan is defined upfront. Participating plans then add bonuses that aren't guaranteed and depend on the insurer's performance. I'll always show you the guaranteed portion separately from any illustrated bonus so you know exactly what's promised.

How is this different from an FD or mutual fund?

A fixed deposit gives you liquidity but no life cover and fully taxable interest. A mutual fund can give higher returns but carries market risk. A savings plan sits in between: lower but guaranteed growth, life cover included, and tax-friendly maturity. It's for the part of your money you don't want to risk.

What is a bonus in an endowment plan?

In participating plans, the insurer shares part of its surplus with you as an annual bonus that accumulates and is paid at maturity or on a claim. It's declared each year and isn't guaranteed, so treat it as an upside on top of your assured amount.

Can I take a loan against my policy?

Yes, once the plan builds up value you can usually borrow up to a set percentage of it at a modest interest rate, without surrendering the plan. It's handy for short-term needs.

What if I want to stop before maturity?

You can surrender the plan, but early surrender usually returns less than you've paid, so these plans reward staying the full term. I'll help you pick a term you can realistically commit to, so surrender never becomes necessary.

Are premiums tax-deductible?

Yes. Premiums qualify under Section 80C up to ₹1.5 lakh a year, and the maturity amount is generally tax-free under Section 10(10D), subject to conditions. Tax rules can change, so I'll structure it against the current law.

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