LIC Jeevan Anand explanation with example presentation

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:

• Komal Jeevan - Example Presentation 1
• Jeevan Tarang Features and Benefits With Example
• Endowment Policy explained in detail with example
• Amulya Jeevan Features and Benefits with Example
• Jeevan Saral Presentation with Example
• Jeevan Chhaya explained with example