Secure Your Future with Limited Premiums, Money-Back, and Loan Facility All from India’s Most Trusted Insurer
MUMBAI — If you’re aiming for ₹1 crore in returns while investing for a short premium-paying termthe Lic jeevan shiromani scheme could be your answer. Offered by the Life Insurance Corporation of India (LIC)this high-value insurance cum investment plan is tailored for individuals who are willing to invest in a secure, long-term plan with a short premium commitment.
Let’s break down how this plan works and why it could be a strategic move for wealth-building and life coverage.
The Jeevan Shiromani Plan (Plan No. 847) is a non-linked, with-profits, limited premium payment money-back life insurance plan. It is designed especially for high-net-worth individuals and offers:
Guaranteed returns
Regular money-back payouts
Insurance coverage
Critical illness benefit
Loan facility
Limited premium payment (just 4 years!)
To receive ₹1 crore maturity amountyou must pay approx. ₹94,000 per month for 4 years.
You can choose monthly, quarterly, half-yearly, or annual premium modes.
After 4 years, no more premiums are needed — but the policy continues to provide life cover and returns for the entire term.
Minimum age to enter: 18 years
Maximum age varies by policy term:
14-year term: up to 55 years
16-year term: up to 51 years
18-year term: up to 48 years
20-year term: up to 45 years
Money-Back BenefitsOne of the highlights of Jeevan Shiromani is its structured money-back payouts:
14-year term: 30% payout in the 10th and 12th year
16-year term: 35% payout in the 12th and 14th year
18-year term: 40% payout in the 14th and 16th year
20-year term: 45% payout in the 16th and 18th year
The remaining maturity benefit is paid at the end of the policy term along with loyalty additions.
Eligible for a loan after 1 year of premium payment
Loan amount depends on the surrender value of your policy
Offers financial flexibility without breaking your long-term plan
Short premium tenure with long-term benefits
Ideal for high-income professionals and business owners
Offers life cover + investment
Tax benefits under Section 80C & 10(10D)
Comes with critical illness coverage and rider options
Money-back at key intervals keeps liquidity flowing
This is a high-end policysuitable for those comfortable with premium commitments of ~₹1 lakh/month
Policy should be chosen after financial assessment and with long-term goals in mind
Returns are a mix of guaranteed benefits + loyalty additionsand not market-linked
If you’re seeking a high-value insurance plan that combines wealth creation, periodic returns, and strong life cover, Lic jeevan shiromani is worth considering. With just 4 years of premium payment, you can build a corpus up to ₹1 croremaking it an ideal policy for future planning, legacy creation, and financial independence.
For full details, use LIC’s premium calculator or consult an authorized LIC agent or the official LIC website.
My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
