In 2025, as India continues to prioritize financial independence and long-term stability, LIC Nav Jeevan Shree Plan 912 Latest 2025 emerges as a standout option for secure investment and protection. This policy by the Life Insurance Corporation of India (LIC) combines the dual benefits of life insurance and guaranteed savings, making it an ideal choice for individuals who want both growth and assurance in one plan.
The LIC Nav Jeevan Shree Plan 912 Latest 2025 is tailored for those who wish to invest confidently while ensuring their family’s financial security in case of unforeseen events. Let’s explore the complete breakdown of its features, returns, and tax benefits.
What Is LIC Nav Jeevan Shree Plan 912 Latest 2025?
The LIC Nav Jeevan Shree Plan 912 Latest 2025 is a non-linked, with-profit, limited premium payment endowment plan. It offers financial protection and guaranteed returns through a combination of savings and life coverage.
This means you pay premiums for a limited period, enjoy life insurance during the term, and receive a lump sum at maturity if you survive the policy period. The plan also provides reversionary bonuses and final additional bonuses, enhancing your total maturity value.
Key Features of LIC Nav Jeevan Shree Plan 912 Latest 2025
- Dual Benefit Plan: Combines savings and life cover in a single policy.
- Limited Premium Option: You pay premiums for a fixed term (e.g., 10 or 15 years), but the policy continues to offer coverage until maturity.
- Guaranteed Additions: Earn annual bonuses declared by LIC, adding to your policy value.
- Flexible Term Options: Choose between multiple policy terms and premium payment periods.
- Loan Facility: After 3 years, policyholders can avail loans against the policy.
- Tax Benefits: Premiums qualify for deductions under Section 80C, and maturity proceeds are tax-free under Section 10(10D) (subject to terms).
- Maturity Benefit: Receive sum assured + bonuses + final additions at policy end.
- Death Benefit: Provides guaranteed financial protection to your family in case of your demise during the policy term.
Policy Eligibility & Parameters
| Parameter | Details |
|---|---|
| Minimum Entry Age | 90 days |
| Maximum Entry Age | 65 years |
| Policy Term | 10 to 20 years |
| Premium Paying Term (PPT) | 5, 10, or 15 years |
| Minimum Basic Sum Assured | ₹1,00,000 |
| Maximum Basic Sum Assured | No limit (depends on income) |
| Mode of Premium Payment | Yearly, Half-Yearly, Quarterly, Monthly |
This flexibility ensures that the LIC Nav Jeevan Shree Plan 912 Latest 2025 can fit diverse financial goals — from child education savings to retirement planning.
How LIC Nav Jeevan Shree Plan 912 Latest 2025 Works
- Premium Payment Phase: You pay the chosen premium amount regularly for a selected term.
- Bonus Accumulation: LIC declares yearly reversionary bonuses that add to your policy value.
- Maturity Phase: At the end of the term, you receive the Sum Assured + Bonuses + Final Additional Bonus.
- Death Benefit: If the life assured passes away during the term, the nominee receives the Sum Assured on Death + Bonuses immediately.
The LIC Nav Jeevan Shree Plan 912 Latest 2025 ensures steady growth through compounding bonuses, offering both wealth creation and family protection.
Also Read: LIC Smart Pension Plan Latest 2025: New Features, Tax Benefits & Investment Tips
Benefits of LIC Nav Jeevan Shree Plan 912 Latest 2025
1. Life Coverage + Savings
The plan ensures financial protection for your loved ones while growing your savings corpus systematically.
2. Guaranteed Returns
With annual bonuses and additional benefits, your total maturity value increases significantly.
3. Loan Availability
You can avail loans up to 90% of the surrender value, ensuring liquidity during financial emergencies.
4. Tax Savings
- Premiums paid: Deduction under Section 80C.
- Maturity amount: Tax-free under Section 10(10D) (conditions apply).
5. Bonus Incentives
LIC’s consistent bonus record enhances this plan’s reliability, making it a strong long-term investment.
Example Illustration
Let’s take an example:
Ravi, a 35-year-old investor, buys the LIC Nav Jeevan Shree Plan 912 Latest 2025 with a ₹5 lakh Sum Assured for a 15-year term, paying ₹30,000 annually.
- Premium Payment Term: 10 years
- Bonuses: 3–5% annually (variable)
- Expected Maturity Amount: ₹6.5–₹7 lakh (including bonuses)
If Ravi survives the term, he receives ₹7 lakh at maturity. In case of death, his family immediately receives the full sum assured plus accrued bonuses — ensuring both protection and growth.
Death & Maturity Benefits Explained
| Type | Benefit |
|---|---|
| Death Benefit | “Sum Assured on Death” + Reversionary Bonuses + Final Bonus |
| Maturity Benefit | Basic Sum Assured + Bonuses + Final Additional Bonus |
| Bonus Benefit | Declared annually by LIC and compounded till maturity |
This ensures that LIC Nav Jeevan Shree Plan 912 Latest 2025 remains both a life protection and wealth-building instrument.
Tax Benefits of LIC Nav Jeevan Shree Plan 912 Latest 2025
- Section 80C:
Premiums paid are eligible for tax deductions up to ₹1.5 lakh per year. - Section 10(10D):
The maturity amount, including bonuses, is fully exempt from tax if the premium doesn’t exceed 10% of the sum assured. - No TDS on Payout:
LIC does not deduct TDS on maturity if the above criteria are met.
Hence, the LIC Nav Jeevan Shree Plan 912 Latest 2025 offers triple advantages — protection, savings, and tax relief.
Comparison with Similar LIC Plans
| Feature | Nav Jeevan Shree Plan 912 | Jeevan Labh Plan 936 | New Endowment Plan 914 |
|---|---|---|---|
| Type | Endowment with Profits | Endowment | Endowment |
| Bonus | Yes | Yes | Yes |
| Loan Facility | Yes | Yes | Yes |
| Term Options | 10–20 years | 16–25 years | 12–35 years |
| Tax Benefit | 80C, 10(10D) | 80C, 10(10D) | 80C, 10(10D) |
Clearly, the LIC Nav Jeevan Shree Plan 912 Latest 2025 provides shorter premium terms and quicker returns — ideal for medium-term investors.
How to Buy LIC Nav Jeevan Shree Plan 912 Latest 2025
You can purchase the plan:
- Online at www.licindia.in
- Through authorized LIC agents or LIC offices across India
- Via digital apps and customer portals
Before purchasing, use LIC’s official Premium & Benefit Calculator to estimate your returns and coverage.
Why LIC Nav Jeevan Shree Plan 912 Latest 2025 Stands Out
- Guaranteed savings with insurance protection
- Flexible payment structure
- Government-backed reliability
- Long-term wealth creation with tax-free returns
This makes the LIC Nav Jeevan Shree Plan 912 Latest 2025 a smart option for anyone seeking safe investments with assured maturity value.
FAQs on LIC Nav Jeevan Shree Plan 912 Latest 2025
1. What is the minimum investment for LIC Nav Jeevan Shree Plan 912 Latest 2025?
Minimum basic sum assured is ₹1,00,000, with no maximum limit.
2. Is the maturity amount guaranteed?
Yes, the maturity value includes the guaranteed sum assured plus annual and final bonuses.
3. Can I surrender the policy early?
Yes, after paying premiums for at least 3 years, you can surrender and receive the surrender value.
4. Are loans available?
Yes, loans up to 90% of the surrender value are available.
5. What happens if I miss a premium?
A grace period of 30 days is provided for renewal; after that, the policy may lapse but can be revived within 5 years.
Conclusion
The LIC Nav Jeevan Shree Plan 912 Latest 2025 is one of LIC’s most well-balanced policies for individuals who seek guaranteed growth, life cover, and tax benefits. With limited premium payment options, consistent bonuses, and government-backed security, it’s a dependable choice for medium to long-term financial goals.
If you’re planning to safeguard your family while growing your wealth, LIC Nav Jeevan Shree Plan 912 Latest 2025 could be the foundation of your secure financial future.
Disclaimer
This article is for informational and educational purposes only. Policy terms and conditions may change as per LIC’s official updates. Always refer to licindia.in or consult an authorized LIC advisor before investing.
