LIC Jeevan Anand Plan

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LIC Jeevan Anand Plan
LIC Jeevan Anand Policy is a whole life
protection cum endowment assurance plan. The plan
provides a lifetime financial protection to the
insured along with the provision of payment of
lump-sum as maturity benefit at the end of the
selected tenure in the case of survival.
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Key Features of LIC Jeevan Anand

• 1. This is an LIC endowment plan assurance cum
  whole life plan
• 2. Offers a Pre-decided sum assured at the end
  of the specific term.
• 3. The plan offers risk coverage for the whole
  life of the insured.
• 4. Jeevan Anand is a with profit life
  insurance policy.
• 5. The policy can be bought for the maximum
  tenure of 57 years.

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Benefits of LIC Jeevan Anand Plan

• Death Benefit-
• In the case of demise during the selected term, a
  sum assured along with allotted bonus is payable
  in lump-sum to the beneficiary of the policy.
• Survival Benefit-
• A sum assured along with accrued bonus is paid in
  lump-sum on survival until the end of the policy
  tenure. Moreover, an additional sum assured is
  also payable on death afterward.

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• Accidental Benefits-
• An extra sum assured as an accidental death
  benefit is paid as lump-sum to the beneficiary on
  death caused due to the accident. In the case of
  permanent disability due to accident, a lump-sum
  amount is paid in monthly installments.
• Surrender Value-
• A guaranteed surrender value is offered, on
  earlier termination of the policy.
• This plan is most suitable for those insurance
  seekers who wants to have lifelong protection
  along with savings.

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