LIC Jeevan Anand Policy 915 Details, Key Features, Documents

LIC Jeevan Anand Policy 915 Details, Key Features, Required Documents, How Much Bonus Will be Received? Apply to Buy LIC Jeevan Anand Policy.

The LIC of India often comes up with new policies for all the categories. Now LIC has also launched a new policy called LIC Jeevan Anand Policy. In this policy, a person a raise lakhs of rupees by investing some money. A person just have to invest Rs. 45 per day and will acquire lakhs of rupees. Because of this your financial issues will be solved. The premium of this Jeevan Anand policy is the same as the term policy, for the time you buy LIC Jeevan Anand Policy, You will just have to invest only for that time. In the below article, you will get the complete details regarding LIC Jeevan Anand Policy. So read the complete below article to get detailed information.

LIC Jeevan Anand Policy 915

The Life Insurance Corporation of India has launched the Jeevan Anand Policy. This policy will give you the advantage of maturity. Jeevan Anand policy is a traditional insurance policy that gives insurance protection to the policy holder for a chosen term. The policy also gives him insurance cover for life and also after the completion of the term.

If the policy holder dies, then the 125% death benefit is provided under the Jeevan Anand Policy. In the LIC Jeevan Anand Policy, the Policy holder is provided the advantage of Bonus. The minimum sum assured in this policy is one lakh rupees. There is no set maximum limit You are provided with four types of riders accidental death and disability rider, Accident benefit rider, new term insurance rider and new critical illness rider in this policy.

Overview of the LIC Jeevan Anand Policy 915

Article AboutLIC Jeevan Anand Policy
Policy NameLIC Jeevan Anand Policy
Launched ByLife Insurance Corporation of India
ObjectiveTo provide lifelong life cover
BeneficiaryCitizens of our country
Policy Term35 Years
Application ProcessOffline

If any person take the LIC’s Jeevan Anand Policy, then that person have to invest 1358 rupees every month to buy this policy. Person have to deposit Rs. 45 every day to invest 1358 rupees every month. and they will get Rs. 25 lakh on maturity. for that they have to invest in long term. They can select the maturity period up to 35 years. 45 rupees per day or they can deposit Rs. 16,300 annually in addition to depositing Rs. 1358 every month. By depositing this amount for 35 years in LIC Jeevan Anand Policy, they can acquire 25 lakh rupees on maturity.

How Much Bonus Will be Received?

In this policy, a person will have to invest 5.7 lakh rupees in 35 years. The basic sum assured in this policy will be five lakh rupees. Also the revisionary bonus will be 8.60 lakh rupees. Besides this, final addition bonus of Rs. 11.50 lakh will be provided in the Jeevan Anand Policy. You will acquire the bonus twice in the Jeevan Anand Policy of LIC. For which the policy must be 15 years old. Jeevan Anand Policy gives you the advantage of death benefit and in case of death before maturity, the nominee is given an amount equal to the sum assured by LIC. If the holder of the policy dies after the maturity, then the complete money of the nominee is provided to the family of the policy holder. This policy provides you advantage for life and also after life.

Key Features

  • A person can acquire various types of loan facilities through the LIC’s Jeevan Anand Policy. The Policy holder can avail the loan only after paying the premium for two consecutive years.
  • Enhanced Coverage with riders – LIC Jeevan Anand Policy allows the policy holder to enhance his policy coverage with four available riders. With the help of these 4 available riders, policy holders can enhance their policy coverage.
  • LIC’s Accidental Death and Disability Benefit
  • LIC’s Newton Insurance Rider
  • LIC Accident Benefit Rider
  • LIC New Critical Illness Benefit Rider.
  • Revival of Lapsed Policy- In case the premium is not paid by the policy holder during the case period, the coverage will lapse. Lapsed insurance can be revived after five years from the date of first unpaid premium.
  • Surrender Value- LIC New Jeevan Anand Policy Allows you to surrender the policy at any point of time besides also allowing you to avail surrender value. Policy holder will be eligible for surrender only after two years of full premium payment. On surrendering the policy holder has to pay higher of guaranteed surrender value special surrender value.

Required Documents

  • Aadhar Card
  • Medical History
  • Age Certificate
  • Address Proof
  • Driving License
  • Application Form
  • Pan Card
  • Voter Card
  • Ration Card
  • Passport Size Photograph.

Apply to Buy LIC Jeevan Anand Policy

If any person wants to buy this policy then you have to contact your nearest LIC Branch or LIC agent. You need to tell the agent that you want to invest in the LIC Jeevan Anand Policy. To buy this policy, an application form will be filled by the gent. You have to provide all the asked details and documents to the LIC Agent. Then submit he application related information also the premium amount. this is how you can invest in LIC Jeevan Anand Policy.

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