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There are several LIC life insurance policies that offer high returns. Listed below are the LIC high return life insurance policies. LIC’s New Endowment Plan: LIC’s New Endowment plan is a participating non linked plan that offers financial protection and high returns. The sum assured on death which is payable as death benefit is 10 times the basic sum assured. The plan also offers benefits through participation in profits of the company. The policy also grants survival benefit through basic sum assured along with vested benefits. LIC’s Jeevan Anand Plan: LIC’s Jeevan Anand is a high return LIC policy that not only offers financial protection to your family in case of your death but also guarantees high returns on the investment made. Basic Sum Assured, along with vested Simple Reversionary Bonuses and Final Additional Bonus is paid as survival benefit under this plan.