LIC's New Jeevan Anand (Plan No. 815)

Introduction

 

LIC's New Jeevan Anand (Plan No. 815) - A with Profit Assurance plan is combination of Endowment and whole life. Plan is suited for people of all ages and social groups who engaged in hazardous occupation wish to protect their families from a financial setback in the condition of untimely death. This plan is most popular for fulfilling all long short term financial needs.

Features

• Sum assured on death.
• On maturity benefits are Sum assured + Bonus + Final Additional bonus.
• Whole life death benefit payable in case of death after premium paying term.
• Risk cover continues till death up to age 100.
• Best plan for long term and short term financial support to your family.

Accident death and Disability Benefit:-

• Accident Benefit Sum Assured in equal monthly installments spread over 10 years.
• The Future premiums are waived under the policy(including the premium under basic plan) to the extent of Accident Benefit Sum Assured.
• The Risk Cover continues and maturity amount would be payable after completion of Term.

Plan Parameters

Age at Entry	Minimum 18 years	Maximum 50 years
Maturity age	-	Maximum 75 years
Term of the Policy	Minimum 15 years	Maximum 35 years
Sum assured	Minimum 1,00,000/-	No Limit
Thereafter in	Multiples of 5,000/-