LIC’s Sanjeewani – We Protect Your Smile Forever



This is a non-linked, non-participating protection plan with a return of premium on maturity. The plan provides financial protection on the death of the life assured during the policy term or a maturity payout to the life assured on survival to the end of the policy term.

Death Benefit:

In the event of unfortunate death of the life assured during the term of the policy, the Sum Assured shall be paid to the nominee/beneficiary. In addition, an amount equal to 5% of the Sum Assured, shall be payable as a funeral benefit. Further, in the event of death of the life assured due to accident, an additional amount equal to the Sum Assured shall be payable.

Maturity Benefit:

On survival of the life assured to the end of the policy term, a maturity benefit equivalent to the premiums paid under the policy, excluding any rider premium, extra premium, and taxes, shall be paid to the life assured. The policy shall terminate on payment of the maturity benefit.



Minimum age at entry:   18 years (completed)
Maximum age at entry:   60 years (nearest birthday)
Maximum age at maturity:   70 years (nearest birthday)
Policy Term:   10 years to 30 years
Minimum Sum Assured: LKR 500,000
Maximum Sum Assured: No limit, subject to underwriting
Premium Paying Term: Limited Premium Paying Term of Policy Term less than 5 years


The following existing riders, as approved by IRCSL, shall also be available under this plan:

ü     Medical Support Benefit Rider

ü     Additional Critical Illness Rider