In this participating plan, the policyholder can secure their future and their family’s future with the given returns. Both surviving and deceased policyholders will get a handful of attractive protection benefits and financial benefits through this plan.Your Message/ Query The LIC endowment 914 plan is just like any other life insurance plan, but is non-linked in nature with a certain maturity period. The insured will pay a certain premium and then after maturity or in the event of death will get the decided lump sum amount. The LIC’s new endowment policy can be said to be a risk-free investment with assured return.