LIC will introduce the Jeevan Labh-836 plan on January 4, 2016, a limited premium paying, non-linked endowment plan that provides death benefits of sum assured plus bonuses plus final additional bonus or maturity benefits of sum assured on maturity plus bonuses plus final additional bonus, with optional riders, minimum entry age of 8 years, maximum maturity age of 75, and terms of 16, 21, or 25 years.