Best LIC Plans to Buy in 2025 — Top 5 Picked by Experts
Choosing the right LIC plan can be overwhelming — LIC offers over 30 plans across different categories. To save you time, we've ranked the top 5 LIC plans worth buying in 2025, based on value, returns, coverage, and flexibility.
How We Ranked These Plans
- Premium affordability relative to coverage
- Bonus history and expected maturity corpus
- Flexibility (premium payment, partial withdrawal, rider options)
- Tax efficiency
- Suitability for a broad range of buyers
🥇 #1 — LIC Tech Term (Plan 854)
Best for: Maximum life cover at minimum cost
LIC's first online pure term plan is our top pick for 2025, especially for young earners. With ₹50 lakh coverage for as low as ₹6,000–₹8,000/year for a 30-year-old non-smoker, LIC Tech Term offers unbeatable value. There's no maturity benefit, but for pure risk protection, nothing beats it.
- ✅ Min SA: ₹50 lakh ✅ Term: 10–40 years ✅ Online application
🥈 #2 — LIC Jeevan Umang (Plan 845)
Best for: Passive annual income after retirement
Jeevan Umang is the only LIC plan that pays 8% of Sum Assured every year for life after the premium-paying term ends. If you take a ₹20 lakh policy with 20-year PPT at age 30, after age 50 you receive ₹1.6 lakh every year forever — and your family gets ₹20 lakh + bonus on death. An exceptional wealth-creation tool for the long term.
→ Calculate Jeevan Umang Premium
🥉 #3 — LIC New Jeevan Anand (Plan 915)
Best for: Endowment savings + whole life protection
The latest upgrade to the iconic Jeevan Anand series offers higher bonus rates and better value. You get a maturity corpus after the policy term, and life cover continues throughout life — a unique double benefit that justifies the premium.
→ Calculate New Jeevan Anand Premium
#4 — LIC Jeevan Lakshya (Plan 833)
Best for: Parents with dependent children
If you're the sole breadwinner with children, Jeevan Lakshya is specially designed for you. On death, your family gets 10% of SA every year as income until maturity — ensuring your kids' education and wedding goals are never compromised — plus full SA + bonus at maturity.
→ Calculate Jeevan Lakshya Premium
#5 — LIC New Money Back (Plan 920)
Best for: Periodic liquidity needs
For those who want money at planned intervals — a child's school fees, a car, or a vacation — the Money Back plan delivers 20% of SA every 5 years during the policy term (for the 20-year plan), with full death coverage throughout. Excellent for disciplined goal-based savings.
→ Calculate Money Back Premium
Comparison Table
| Plan | Type | Min SA | Returns | Best For |
|---|---|---|---|---|
| Tech Term (854) | Term | ₹50L | No maturity | Pure protection |
| Jeevan Umang (845) | Whole Life | ₹2L | 8% SA/yr + bonus | Passive income |
| New Jeevan Anand (915) | Endowment | ₹1L | SA + Bonus | Savings + cover |
| Jeevan Lakshya (833) | Endowment | ₹1L | SA + Bonus | Child goals |
| Money Back (920) | Money Back | ₹1L | Periodic + Bonus | Goal-based |
Final Recommendation
There's no single "best" LIC plan for everyone. Our recommendation:
- 👉 Pure protection needs? → LIC Tech Term (Plan 854)
- 👉 Long-term wealth + income? → LIC Jeevan Umang (Plan 845)
- 👉 Savings with insurance? → New Jeevan Anand (Plan 915)
- 👉 Parent with children? → LIC Jeevan Lakshya (Plan 833)
- 👉 Need money at intervals? → LIC Money Back (Plan 920)
📊 Use our free calculators to compare premiums across all LIC plans before deciding.