LIC Jeevan Kiran Plan 870
✅ Introduction
Are you looking for a life insurance plan that not only offers financial protection but also gives your money back if nothing happens to you? If yes, LIC Jeevan Kiran Plan 870 might be the perfect solution. It’s a unique term insurance with return of premium (TROP) – designed for individuals who want risk-cover and maturity benefit in one plan.
In this blog, we’ll explain why LIC Jeevan Kiran Plan 870 is ideal for people seeking peace of mind, financial safety for family, and return of investment.
🔍 What is LIC Jeevan Kiran Plan 870?
LIC Jeevan Kiran (Plan No. 870, UIN: 512N351V01) is a non-linked, non-participating, individual savings life insurance plan. It’s specifically designed for those who want:
- Life risk cover (in case of untimely death)
- Full premium refund on survival till the end of the policy term
It’s a win-win plan – either your family gets financial support, or you get your premium back.
🌟 Key Features of LIC Jeevan Kiran Plan 870
| Feature | Details |
|---|---|
| Plan Type | Term insurance with Return of Premium |
| Entry Age | 18 to 65 years |
| Policy Term | 10 to 40 years |
| Sum Assured | ₹15 Lakhs and above |
| Maturity Benefit | Refund of Total Premiums Paid |
| Death Benefit | Sum Assured paid to nominee |
| Premium Paying Term | Regular or Single Premium |
| Tax Benefits | Under Sections 80C and 10(10D) |
💡 Why Choose LIC Jeevan Kiran Plan 870?
1. ✅ Return of Premium on Survival
One of the biggest advantages is that if you survive till the end of the policy, all the premiums you paid (excluding taxes and rider charges) are returned to you. It’s like getting back what you invested.
2. ✅ High Sum Assured for Family Protection
In case of the policyholder’s unfortunate demise during the policy term, the entire Sum Assured is paid to the nominee. This ensures your family remains financially secure.
3. ✅ Flexible Premium Options
You can choose to pay:
- Single Premium (one-time)
- Regular Premium (yearly, half-yearly, quarterly, monthly)
This makes it easier to manage according to your budget.
4. ✅ Suitable for Salaried and Self-Employed
Whether you’re a salaried individual or a businessperson, this plan is ideal for anyone looking for low-cost life cover with the added benefit of premium return.
5. ✅ Optional Riders for Enhanced Cover
You can enhance protection by adding:
- Accidental Death Benefit Rider
- Disability Rider
👨💼 Customer Guidance – Who Should Buy This Plan?
LIC Jeevan Kiran Plan 870 is best for:
- Individuals aged between 25 to 50 planning for long-term family security
- Those who don’t want to lose their premium if they survive the policy term
- People looking for a tax-saving term insurance with maturity benefit
- Anyone who wants a trusted LIC policy with guaranteed returns
📝 How to Buy LIC Jeevan Kiran Plan 870?
- Connect with your LIC agent or contact us at LICFuture.com
- Choose the Sum Assured and policy term that fits your needs
- Decide on premium payment mode – single or regular
- Undergo a simple medical test (if required)
- Pay your premium and receive your policy document
We at LICFuture.com are here to guide you step-by-step through the process.
📌 Conclusion
If you are searching for a smart insurance plan that gives your family a financial cushion in your absence, and also returns your premiums if you survive – then LIC Jeevan Kiran Plan 870 is the right choice. It combines risk-cover and investment sense in one powerful policy.
💬 Need Help?
Still have questions? Reach out to our LIC experts at LICFuture.com We’re here to help you understand the plan better and get the right coverage for your needs.
