Jeevan Anand
Policy Benefits as per your Savings
Jeevan Anand Plan is Ideal for – Parents (Child’s Future)
Save ₹2000 per Month
- TERM: 35 Years
- BENEFITS: RS. 38,54,775/- TAX FREE AT AGE 60
- SAVE TAX OF RS. 2,28,935/- OVER 35 YEARS
- SPECIAL FEATURE FULL LIFE COVER OF RS. 7,85,000/- AFTER END OF POLICY TERM, TILL AGE 100
- IDEAL FOR PARENTS (CHILD’S FUTURE)
Save ₹4000 per Month
- TERM: 35 Years
- BENEFITS: RS. 78,06,900/- TAX FREE AT AGE 60
- SAVE TAX OF RS. 4,50,170/- OVER 35 YEARS
- SPECIAL FEATURE FULL LIFE COVER OF RS. 15,90,000/- AFTER END OF POLICY TERM, TILL AGE 100
- IDEAL FOR PARENTS (CHILD’S FUTURE)
Save ₹8000 per Month
- TERM: 35 Years
- BENEFITS: RS. 1,56,13,800/- TAX FREE AT AGE 60
- SAVE TAX OF RS. 8,97,785/- OVER 35 YEARS
- SPECIAL FEATURE FULL LIFE COVER OF RS. 31,80,000/- AFTER END OF POLICY TERM, TILL AGE 100
- IDEAL FOR PARENTS (CHILD’S FUTURE)
Policy Details
Policy Type: Investment Plan
Ideal For: Parents (Child’s Future)
Policy Information:
LIC’s New Jeevan Anand Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lump sum at the end of the selected policy term in case of his/her survival.
Policy Highlights:
- Minimum Basic Sum Assured: 1,00,000/-
- Maximum Basic Sum Assured: No Limit
- Minimum Policy Term: 15 years
- Maximum Policy Term: 35 years
- Minimum Entry Age: 18 years (completed)
- Maximum Entry Age: 50 years (nearer birthday)
- Maximum Age at Maturity for Life Assured: 75 years
- Mode of Premium Payment: Yearly, Half-yearly, Quarterly & Monthly
- Accidental Death & Disability Benefit Rider is available on payment of additional premium.
Policy Benefits:
• On Death during the policy term: “Sum Assured + Vested Bonus + FAB if any.”
• Where ‘Sum Assured on Death’ is defined as the higher of 125% of Basic Sum Assured. OR
• 7 times of annualised premium.
• This death benefit shall not be less than 105% of all the premiums paid as on date of death.
• The premiums mentioned above exclude service tax, extra premium and rider premiums if any.
• On death of policyholder at any time after policy term: Basic Sum Assured
• On Survival: On survival Basic Sum Assured + Vested Bonus + FAB if any.
• Surrendered Value: The Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.
Loan on Policy:
- Loan Facility is available under this plan, after payment of premiums for at least 2 full years.
Income Tax Benefits:
- Premium paid under this plan is eligible for TAX rebate under section 80c.
- Maturity under this plan is free under sec 10(10D)
Book Policy Online
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5 Easy steps – Policy Booking Process
Now purchasing LIC policy is easy and online! Fill the Contact Form. Our dedicated LIC Agents will guide you through the process.
Fill the 'Book Policy Online' Form
Fill the ‘Book Policy Online’ form by providing your necessary information & select the policy.
Our LIC Agent will call you
Our dedicated LIC Agent will call you & guide you in selecting the right policy as per your needs.
Form Filling & Document Verification
Our LIC Agent will fill the form for you. Document Verification will be done online. Or you can visit our LIC Branch for document verification.
Pay the First installment of premium
Pay the first instalment of your policy premium to the LIC Bank account. Our Agent will verify your payment and send you the payment receipt.
Your Policy is registered!
After the successful payment, your policy will be registered & you will receive the policy documentation from LIC.
Enjoy the policy benefits!
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