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Plan No. 915
  • LICís New Jeevan Anand plan is a combination of protection, savings & Insurance Cover for lifetime.
  • This plan offers the Guaranteed risk coverage of 125% of basic sum assured from Day 1 and the risk coverage enhances every year as LIC declares the yearly bonus
  • The customer gets the tax-free maturity under this plan which includes the bonus also along with Sum Assured.
  • In this plan, LIC offer the life cover up to the age of 100 years.
  • This plan has an option of choosing the Accidental Life cover, Disability Benefit & Critical illness cover.
  • This plan also has the option of taking the Maturity proceeds in instalments as the policy-holder can choose the no of year as 5, 10 or 15.
  • In a similar way, the policyholder also has the option of choosing the death benefit in instalments.
  • LIC also offer the discount in the premium in case the mode of payment is Yearly.
  • The loan is also available to the policyholder after the completion of 2 years of the policy
  • Settlement option avilable on Maturity and Death in Installments of 5,10 or 15 Years
How Does This Policy Work
Sample illustration
Eligibility Criteria
Min. Max.
Age 18 Years (Completed) 50 Years (Near Birthday)
Policy Term 15 Years 35 Years
Premium Payment Term Same as Policy Term
Basic Sum Assured Rs. 1 Lac No Limit
Maximum Maturity Age 75 Years (Near Birthday)
Rider LICís NEW CRITICAL ILLNESS BENEFIT RIDER(CIR)
Rider LIC's NEW TERM ASSURANCE RIDER (TR)
Rider LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER
Rider LlC's ACCIDENT BENEFIT RIDER
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