Jeevan Raksha – Plan 894

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Jeevan Raksha – Plan 894

LIC’s Jeevan Raksha is a term assurance plan introduced by LIC in September 2026. It is designed primarily to provide life-risk protection and financial security to the family in the event of the policyholder’s death during the policy term. LIC lists it under its Term Assurance Plans.

 

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Life Risk Cover

Provides financial protection to the family against the loss of the policyholder.

Death Benefit

The nominee receives the applicable death benefit if the policyholder dies during the policy term, subject to the policy conditions.

Family Financial Security:

Helps the family manage major financial commitments after an unexpected loss.

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