LIC
New Jeevan Anand Plan No.
815
is a combination of whole life policy and endowment. New Jeevan
Anand Plan offers insurance cover for entire life of the insured
person. It is a pure investment plan with high bonus facility and
liquidity facility incorporated and saving. This plan is a double
death benefit plan if the life insured survives till the end of the
policy term. Jeevan
Anand policy
is whole life risk coverage even after maturity and full payout at
maturity.
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| New Jeevan Anand Plan No. 815 |
Jeevan
Anand Plan No. 815 Benefits
Maturity
Benefit -
Basic Sum Assured along with Vested Simple Reversionary Bonuses and
Final Additional Bonus, if Any
Death
Benefit -
The death benefit as defined above shall not be less than 105% of
total premiums* paid as on the date of death.
Sum
Assured on Death shall be Higher of ~125% of Basic Sum Assured (1.25
x BSA) OR 10 times Annual Premium.(10 x AP).
During
the policy term –
‘Sum Assured on Death’ along with Vested Simple Reversionary
Bonuses and Final Additional Bonus, if any.
Eligibility
Conditions and Restrictions
- Age at entry – 18 to 50 years
- Age at Maturity – Maximum 75 Years
- Policy Term – 15 to 35 years
- Premium mode – Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS)
- Basic Sum Assured – 100000 and above ( In multiples of 5000)
Loan
– Available
after payment of 3 full years premiums.