LIC of India introduces LIC’s Dhan Sanchay (Plan 865)

Life Insurance Corporation of India introduced a new plan Dhan Sanchay with effect from 

14.06.2022 which is Non Linked, Non-participating, Individual, Savings Life Insurance Plan 

which offers a combination of protection and savings. It provides Guaranteed income Benefit

during the Payout Period from the date of Maturity, and Guaranteed Terminal Benefit 

payable with the last instalment of GIB.

The plan is available for a term of minimum 5 to maximum 15 years. Plan provides Level 

Income Benefit, Increasing Income Benefit, Single Premium Level Income Benefit & Single 

Premium enhanced cover with Level Income Benefit as per the choice of the customer.

Maturity benefit shall be payable in the form of Guaranteed Income Benefit and Guaranteed 

Terminal Benefit. The plan provides financial support for the family in case of unfortunate 

death of the Life Assured during the term of the policy after the commencement of risk. The 

Death Benefit shall be paid in lumpsum and/or in instalments over a period of 5 years, as per 

the option exercised by the Policyholder/ Life Assured.

The plan also takes care of liquidity needs through loan facility. Optional riders are available 

under this plan on payment of additional premium subject to conditions. Settlement option is 

available to receive death benefit in instalments over a period of 5 years instead of lump 

sum under an inforce as well as paid up policy.

The minimum Sum Assured under this plan for option A & B is Rs.3,30,000/- and Option C: 

Rs. 2,50,000 & Option D: Rs.22,00,000. There is no limit for maximum Premium. The 

minimum age at entry is 3 years (complete) depending upon chosen Policy term. 

This plan can be purchased Offline through agents/other intermediaries including Point of 

Sales Persons-Life Insurance (POSP-LI) / Common Public Service Centres (CPSC-SPV) as 

well as Online directly through website www.licindia.in.

Dated at Mumbai on 14t h J u n e 2 0 2 2 .

For Further Information please contact: Executive Director (CC)

LIC of India, Central Office, Mumbai. Email id:ed_cc@licindia.com

Visit us at www.licindia.in