Table of Contents
Should I continue Jeevan Anand?
Irrespective of whether you surrender or continue your Jeevan Anand policy, you should ensure that you have adequate life insurance by buying additional insurance if required. You are absolutely right in not seeing your life insurance endowment policy as the best investment or tax saving option.
What is the maturity amount of LIC Jeevan Anand 149?
Total premium paid is Rs. 10,30,150. The maturity benefit* of the plan as per the current bonus rate is Rs. 26,35,000.
Which LIC policy is best for 32 years old?
Best LIC Plans List for 2022
| LIC Policies | Plan Type | Policy Term |
|---|---|---|
| LIC Jeevan Umang | Whole Life Insurance | 100 years minus(-) the age at entry |
| LIC Jeevan Amar | Term Assurance Plan | 10 years-40 years |
| LIC Money Back 25 years | Money Back Policy | 25 years |
| LIC New Jeevan Anand | Endowment Plan | 15 years-35 years |
How good is Jeevan Anand policy?
LIC’s New Jeevan Anand is a good life insurance plan for your family. It offers an attractive combination of savings and protection. The cover provided is available throughout the lifetime of the policy. In addition, this plan comes with a loan facility as well.
How maturity is calculated in LIC Jeevan Anand?
Details of your Plan:
- Sum Assured (A): = Rs. 5,00,000.
- Total Bonus Amount on Maturity (B): * = Rs. 1000.
- Maturity Amount (A+B): = Rs. 35,000.
- Period of Maturity = Dec, 2021.
What is Jeevan Anand policy?
LIC Jeevan Anand is a traditional participating whole life endowment plan. The plan provides an option of regular premium payment to the insured. On survival till the end of the plan term, the benefit on maturity is paid to the insurance holder and the plan continues to be in force.
What is date of maturity in Jeevan Anand?
Eligibility Criteria of LIC New Jeevan Anand
| Parameters | Minimum | Maximum |
|---|---|---|
| Age at Maturity (last birthday) | – | 75 year |
| Policy Revival | Within 2 years | |
| Loan | After 3 years | |
| Premium Payment mode | Yearly, Half-yearly, Quarterly, Monthly |
How do I know my LIC bonus?
If your LIC policy has lapsed, one need to send SMS in the format ‘ASKLIC REVIVAL’ at 56677. To know about the LIC policy bonus, the LIC policyholder needs to send the SMS in the format ‘ASKLIC BONUS’ on the same number.
What are the additional benefits offered under LIC Jeevan Anand?
These additional benefits offered under LIC Jeevan Anand do not impose extra charges on the premium amount. It’s a traditional endowment policy which offers sum assured and additional bonuses On survival, the maturity benefits are paid to the policyholder and the plan continues to be in force
What is the age limit for LIC New jeevananand policy?
LIC New JeevanAnand – Product Specification Product Name LIC New JeevanAnand Entry Age 18/50 Years Maturity Age Up to 75 Years Policy Term 15/35 Years Premium Payment Term Same as Policy Term
What is LIC Jeevan Anand accidental death and disability benefit Rider?
The LIC Jeevan Anand is a traditional participating whole life endowment policy plan. LIC’s Accidental Death and Disability Benefit Rider is available by making the payment of a nominal premium amount.
What is Diamond Jubilee bonus rates for LIC Jeevan Suraksha-I plan?
The one-time Diamond Jubilee Bonus Rates for LIC Jeevan Suraksha-I Plan are as shown below. The bonus rates are per 1,000 Sum Assured. This is a bonus which is paid at the time of maturity or death. It is a reward for continuing with the policy for a certain number of years. It is a one-time bonus which you get at the end of the policy.