Jeevan Anand Plan is Ideal for – Parents (Child’s Future)
- 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)
- 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)
- 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)
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.
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
