Robinson John
(LIC Advisor)  

LIC's New Jeevan Anand Plan (815)

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Overview

LIC's New Jeevan Anand Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.

Benefits

Income Tax Benefit
Premium paid under this plan is eligible for TAX rebate under section 80c.
Maturity under this plan is free under sec 10(10D).
On Survival
Basic Sum Assured + Vested Bonus + FAB if any.
On Death
During the policy term Sum Assured + Vested Bonus + FAB if any.
Any time after policy term Basic Sum Assured

Rules

Policy Term  15 to 35 years 
Minimum Basic Sum Assured  Rs. 1,00,000/- 
Maximum Basic Sum Assured  No Limit 
Minimum Policy Term  15 years 
Maximum Policy Term  35 years 
Minimum Entry Age  18 years (completed) 
Maximum Entry Age  50 years (nearer birthday) 
Maximum Age at Maturity for Life Assured  75 years 
Mode of Premium Payment  Yearly, Half-yearly, Quarterly & Monthly 
Accidental Death & Disability Benefit Rider  available on payment of additional premium 
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Address: 1434 C / 13, Govindpuri, Kalkaji, New Delhi. Pin - 110 019
Insurance is the subject matter of the solicitation. This website contains only an indication of policy cover described in it. Any information can get changed any time without any prior notice. Please read LIC's official sales brochure carefully before concluding a sale. This is not the official website of L.I.C. of India.
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