LIC's Jeevan Shiromani plan: How to get Rs 1 crore in 4 years

LIC's Jeevan Shiromani policy offers a unique opportunity to become a crorepati. This policy provides a large sum of Rs. 1 crore in a short period, along with savings and a guaranteed income.

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Author : Asianet Newsable English, Ajay Joseph

Published : Apr 16 2025, 01:47 PM IST

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LIC Jeevan Shiromani Policy

Become a crorepati with LIC Jeevan Shiromani Policy. Secure a substantial fund of Rs. 1 crore in a short span.

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What is it?

LIC Jeevan Shiromani Policy encourages savings. Launched in 2017, it's a non-linked, money-back plan offering protection during illness and emergencies.

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Loan facilities

Jeevan Shiromani offers death benefits and a lump sum on maturity. Loan facilities are also available.

Age and eligibility

Minimum sum assured: ₹1 crore. Policy term: 14, 16, 18, 20 years. Entry age: 18 years.

Payouts

Policy term-based payouts: 30% (14 years), 35% (16 years), 40% (18 years), 45% (20 years) of the sum assured.

Entry age

Minimum entry age: 18 years. Maximum maturity age: 69 years. Policy term-specific maximum entry ages apply.

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About the Author

Asianet Newsable English

Asianet Newsable ENglish is the official profile used for publishing syndicated news agency stories on the platform. This profile ensures accurate, credible, and timely reporting of national and international news across various categories, including politics, sports, entertainment, lifestyle, and more. Editors curate and adapts wire service content to suit the platform’s diverse, multilingual audience, maintaining journalistic integrity and delivering fact-based news.