LIC Jeevan Anand vs Jeevan Labh: Which Plan is Best for You in 2026?
By Hari Kotian | Published on 2026-07-25
Choosing between LIC Jeevan Anand and LIC Jeevan Labh is one of the most common dilemmas for investors. Both are powerful endowment plans, but they serve different financial objectives. This guide compares their core features to help you make an informed decision for 2026.
Core Differences at a Glance
| Feature | Jeevan Anand (Plan 915) | Jeevan Labh (Plan 936) |
|---|---|---|
| Plan Type | Whole Life Endowment | Limited Premium Endowment |
| Maturity Benefit | Sum Assured + Bonus | Sum Assured + Bonus |
| Death Cover | Continues after maturity | Ends at maturity |
| Best For | Lifetime protection & estate planning | Medium-term goals (child education) |
Detailed Breakdown
LIC Jeevan Anand (The "Lifetime" Plan)
Jeevan Anand is unique because its life cover continues even after the policy matures. If the policyholder survives the term, they receive the maturity value, but the risk cover remains active until death. It is an excellent plan for estate planning.
LIC Jeevan Labh (The "Short-Term" Saver)
Jeevan Labh is designed for limited premium payments. You pay premiums for a shorter duration than the total policy term, making it ideal for parents planning for their children's education or marriage expenses occurring at a specific time in the future.
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