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LIC Jeevan Surabhi

LIC Jeevan Surabhi

What is the nature of this policy and what is the difference between this and the other policies?

LIC Jeevan Surabhi is similar to any other money back plans. The main difference between them includes:

  • Maturity term is more than the premium paying term.
  • It is higher in rate for survival advantage payment.
  • Risk cover gets increased for every five years.


The actual term for the plan number 106 includes 15 years and premium paying period is 12 years. Similarly, for the plan number 107 the actual term is 20 years and premium paying term is 15 years.

In LIC Jeevan Surabhi full sum assured is paid back as survival benefit during the end of each premium paying term policy. However, both the risk cover and additional risk cover continues till the end of policy term. This plan provides special interest to people who specially belong to the aged and this plan gives the family lump sum profit at periodical interval.

What is the accident benefit along with this policy?

Accident Benefit in LIC Jeevan Surabhi is restricted to the premium paying period and to the overall limit of Rs.5 lakhs for a single life. When the premium period gets over then the endowment part also ends and after this the policy-holder gets the assured sum back and also the bonuses.

What are the special features along with this policy?

The special feature of LIC Jeevan Surabhi is that it provides full life insurance cover to the assured people for three years continuously even when the premium payments are stopped due to the specific reasons. But, they would have received at least 2 years of premium. So it is important to pay the premium at regular intervals.