As stock market volatility leaves investors anxious, many are shifting towards secure government savings. LIC’s ‘Jeevan Labh’ Scheme has emerged as a top choice, offering a massive corpus of ₹20 lakhs with a daily investment of just ₹166.

This is a limited-premium endowment plan, meaning you don’t have to pay for the entire policy term. For instance, a 30-year-old opting for a 25-year term only needs to pay premiums for 16 years. With an annual investment of approximately ₹60,590, the total principal reaches around ₹9.69 lakhs. At maturity, apart from the ₹10 lakh Sum Assured, LIC adds a bonus of ₹8-10 lakhs, bringing the total payout to nearly ₹20 lakhs. With tax benefits and a government-backed guarantee, it’s a perfect hedge against market risks. Always consult a financial advisor before investing.