Best LIC Plans for Farmers - Kisan Insurance Guide 2026

Farming families face risks that most urban insurance products do not account for - crop failure, kisan credit card loans, accidental death during harvest, and irregular income making regular premium payment difficult.

**LIC solutions for farmers:**

**1. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)** Government scheme, ₹436/year, ₹2 lakh death cover. Start here if premium affordability is a concern.

**2. LIC Jeevan Anand (914) - For farmers with stable income** Doubles as a savings instrument. Maturity amount can pay off kisan loans. Death benefit protects family from outstanding loans.

**3. LIC New Money Back 20yr (920) - Matches agricultural cycles** Money back every 5 years aligns with medium-term agricultural investments (tractor, irrigation, land).

**4. Accident cover through LIC riders** ADDB (Accident Death and Disability Benefit) rider provides double SA on accidental death - important for farm equipment accidents.

**Key advice for farmers:** - Choose yearly premium mode - aligns with post-harvest cash flow - Nominate both spouse and children - Keep premium commitment within 10% of annual agricultural income - Always take accidental death rider

I have served farming families in Gorakhpur, Deoria, Kushinagar, and Maharajganj for 31 years. Call 9415313434 to discuss what works for your specific situation.