LIC’s New Jeevan Anand Plan is a whole life conventional savings cum and insurance plan offered by LIC of India. The risk coverage or insurance coverage under this plan continues even after the policy maturity and the death benefit is paid to the nominee even if the insured person dies after the completion of the policy term.
Frequently Asked Questions
What is the death benefit under Jeevan Anand plan?
The Sum Assured on death of policyholder will be higher of 125% of the Basic Sum Assured of policy or 10 times the annual premiums paid subject to a minimum of 105% of total premiums paid till death of insured person.
Is this plan eligible to receive bonus?
Yes, This plan is eligible to receive bonus. Depending on the performance of the LIC.
Can I get lona on LIC Jeevan Anand policy?
Yes. Policy loan is available.
