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LIC’s New Endowment Plan (714) is a non-linked, participating, individual life assurance plan. It combines protection and savings, making it suitable for long-term financial planning Agent and Advisor Contact: 9739091119

📋 Key Features

  • Eligibility:
    • Minimum age: 8 years
    • Maximum age: 50 years
  • Policy Term: 12 to 35 years
  • Basic Sum Assured: Minimum ₹2,00,000
    • Must be in multiples of ₹5,000 (up to ₹4.5L), ₹50,000 (up to ₹9L), or ₹1,00,000 (above ₹9L)
  • Premium Payment Term: Equal to the policy term
  • Premium Frequency: Yearly, Half-Yearly, Quarterly, Monthly (ECS)