: Includes specialized modules for both ordinary and Salary Savings Scheme (SSS) policies, covering everything from loans to survival benefits.
| Feature | LIC EFAP (861) | LIC Jeevan Labh (Plan 836) | LIC Jeevan Umang (Plan 945) | |---------|----------------|----------------------------|------------------------------| | Participation | Non-Participating | Non-Participating | Participating (with bonuses) | | Returns | Guaranteed Additions | Guaranteed Additions + FAB | Reversionary + Final bonus | | Term | 10–20 years | 10–16 years | 100 years minus entry age | | Premium Paying Term | Same as policy term | Same as policy term | Limited pay (e.g., 15, 20 yrs) | | Maturity Age | Max 75 | Max 75 | Max 100 (whole life) | | Ideal for | Mid-term savings | Short-to-mid term savings | Lifetime income & legacy | lic efap
Everything you need to know about the LIC Employees’ Family Assistance Plan (EFAP). Check eligibility, death claim benefits, monthly payouts, and how nominees can apply. : Includes specialized modules for both ordinary and
If you stop paying premiums after at least 2 years but don’t surrender, the policy becomes . The Sum Assured reduces proportionally: If you stop paying premiums after at least