LIC’s NEW JEEVAN ANAND
LIC’s New Jeevan Anand Plan is a Par, Non-linked, life,
Individual, Savings 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 lumpsum at the end of the
selected policy term in case of his/her survival.
Key Features:
• The plan provides for protection and savings.
• Life insurance cover throughout your lifetime
• Lumpsum payment on survival to the end of policy term.
• Flexibility to
- Choose the premium payment frequency as per convenience
- Choose the period for which protection is required.
- Opt for payment of benefit in instalments.
• Option to enhance protection with Optional Riders.
• Benefit of attractive High Sum Assured Rebate.
• Takes care of liquidity needs through loan facility
Eligibility Conditions and Other Restrictions:
a) Minimum Age at entry : 18 years (completed)
b) Maximum Age at entry : :50 years (nearer birthday)
c) Maximum Maturity Age : 75 years (nearer birthday)
d) Minimum Policy Term : 15 years
e) Maximum Policy Term : 35 years
f) Minimum Basic Sum Assured : 200,000
g) Maximum Basic Sum Assured: No Limit