LIC Jeevan Labh policy is a limited premium paying, non-market- linked with profit plan. Jeevan Labh’s plan during death or maturity offers protection & benefit in the form of sum assured plus simple revisionary bonuses and final bonus, if any, payable to the nominee or policyholder.  This plan gives the policyholder a kind of flexibility to pay the premium during his best earning years and get the best benefits at maturity.