__JEEVAN ANAND__

__Features:__Jeevan Anand is one of the most successful products of LIC of India. The policy is in force

**during the entire life period of the policy holder**.- Event after the premium paying term is over the risk cover continues to the entire life period of the policy holder.
- Accident benefit is available up to age 70.

__Maturity Benefits:__- On maturity time, the Sum Assured (Rs.2,00,000 /-) +
**Bonus**will be paid to the policy holder.

__Death Benefits:__- If the policy holder dies during the premium paying term then the Sum Assured + Bonus accrued will be payable to the nominee.

- If the policy holder dies during the premium paying term due to accident then the
**double**the Sum Assured + Bonus accrued will be payable to the nominee.

- If the policy holder dies before the age of 70 then the Sum Assured will be payable to the nominee.

- If the policy holder dies before the age of 70 due to accident then
**double**the Sum Assured will be payable to the nominee.

- If the policy holder dies after the age of 70 then the Sum Assured will be payable to the nominee.

__Premium Amounts:__Payment Mode | Premium |

Quarterly | Rs.2,830 /- |

Half-yearly | Rs.5,575 /- |

Yearly | Rs.10,980 /- |

What you pay for 20 years | What you get after 20 years | |

Mode | Amount | Rs.2,00,00 + Rs.1,80,000 Bonus (Estimated @ Rs.45 per thousand SA for 20 years) |

Yearly | Rs.2,19,600 | |

Half-Yearly | Rs.2,23,000 | |

Quarterly | Rs.2,26,400 |

**Policy holder can also avail the Tax Benefits and the Double Accident Benefits from this policy.**

**Related Posts:**

What is the benefit...?

ReplyDeleteIf I pay 2,19,600 in 20 year...I will get 2,00,000 at the loss of 20,000/-?

Rs.2,00,00 + Rs.1,80,000 Bonus (Estimated @ Rs.45 per thousand SA for 20 years) is 20000 or 200000+180000?? learn the figures mate!!

ReplyDeleteI think u have to learn how to calculate the figures first...Rs 45 per thousand is estimated bonus and since the policy is for 2lakh so it comes our to be Rs 9000(45*200)*20(policy term) so total outcome is Rs 380000 for investing Rs 200000 for 20years plus a sum assured of Rs 2lakh till age of 100years

ReplyDeleteDear Bro your article is simple and easily understandable. Thanks for sharing your view.

ReplyDeleteDear Viewers... Dont look LIC policies as investment sources... Life Insurance policies are designed to survive the people dependents from unexpected life threats and minimal guaranteed returns to the policy holder. What is today we know... but how will be tomorrow no body knows... Just imagine what worse can happen if you are not with your family or not in position as you expected still you will have the way to guarantee minimum needs to your family.

can anyone make me educate?

ReplyDelete