Jeevan Amar is a pure term life insurance plan offered by LIC, meaning it provides financial protection to your family in case of your unfortunate demise during the policy term but doesn't have any maturity benefit. Here's a breakdown of its key features:


  • Death Benefit: If you pass away during the policy term, your nominee receives a lump sum amount called the sum assured. This helps secure your family's financial stability.
  • Affordable Premiums: Jeevan Amar is known for its affordable premiums compared to other term plans. This makes it accessible to a broader range of individuals.
  • Flexibility in Sum Assured: You can choose a sum assured that aligns with your needs and budget.
  • Two Death Benefit Options: You can choose either a level sum assured (fixed amount) or an increasing sum assured (amount grows at a predetermined rate) as your death benefit.
  • Tax Benefits: Premiums paid for Jeevan Amar qualify for tax deductions under Section 80C of the Income Tax Act, 1961.


  • Age at entry: 18 to 65 years
  • Policy term: 10, 15, 20, 25, 30 years
  • Minimum Sum Assured: Rs. 25,000

Things to Consider:

  • Jeevan Amar doesn't offer any maturity benefit, so if you're looking for a plan that also builds wealth over time, you might want to consider other options like endowment plans or unit-linked insurance plans (ULIPs).
  • Premiums are non-refundable if you surrender the policy before the term ends.
  • Carefully assess your family's financial needs and choose a sum assured that adequately covers them in case of your demise.

Overall, Jeevan Amar is a good option for individuals looking for affordable term life insurance with flexible sum assured options. However, it's important to consider your specific needs and risk tolerance before making a decision.

Do you have any specific questions about Jeevan Amar or any other life insurance plans? I'm happy to help you navigate your options and choose the best one for your needs.