Sunday, February 7, 2010

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.
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Posted by Balaji at 7:07 AM
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19 comments:

  1. AnonymousDecember 30, 2012 at 10:23 PM

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

    ReplyDelete
  2. AnonymousFebruary 15, 2013 at 3:42 AM

    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!!

    ReplyDelete
  3. AnonymousJune 19, 2013 at 5:34 AM

    I 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

    ReplyDelete
  4. AnonymousJune 27, 2013 at 8:06 AM

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

    Dear 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.

    ReplyDelete
  5. AnonymousAugust 12, 2013 at 8:14 AM

    can anyone make me educate?

    ReplyDelete
  6. AnonymousMay 21, 2014 at 12:45 AM

    please show actual calculation like yearly payment of Rs.2,19,600 results in what amount by Jeevan Anand for 20years and what would be the matured amount if we go for SIP or recurring deposit?

    ReplyDelete
    Replies
    1. UnknownJune 26, 2014 at 5:35 AM

      Hi... Please drop your contact details so i can send you the presentation, show how much you will receive after policy maturity, etc. My email is ksrini.lic@gmail.com or +91 7569596996

      Delete
    2. UnknownJanuary 1, 2017 at 2:20 AM

      please send me also my email: amit.kolgaonkar@gmail.com

      Delete
  7. UnknownJune 26, 2014 at 5:32 AM

    Hello, If anyone interested in taking the LIC policy, please write to me ksrini.lic@gmail.com or call on +91 7569596996

    ReplyDelete
  8. AnonymousNovember 28, 2014 at 1:21 AM

    If I pay 500000 in 20 years term.. Roughly how much amount can I get.. please explain me.

    ReplyDelete
  9. DiyaMarch 25, 2015 at 3:41 AM

    if i am paying 24500peryear in komaljeevan plan than how much i get after26years

    ReplyDelete
  10. AnonymousMarch 25, 2015 at 7:30 AM

    Komal Jeevan policy has been withdrawn. It is no more available for sale. You can go with Children Money Back policy which has been recently launched. Assuming if child age is 5yrs and you pay Rs.26000/- approx yearly, you get 1lakh each when the child age is 18, 20 & 22yrs and at 25yrs of child you get 7lakhs approx so total you get 10lakhs. You can reach me at ksrini.lic@gmail.com for more details

    ReplyDelete
  11. Mithun BadoliyaMay 18, 2016 at 1:06 AM

    provide my use id and password

    ReplyDelete
  12. AnonymousFebruary 16, 2017 at 11:21 AM

    Lic jeevan lakshya plan example with explanation

    ReplyDelete
  13. sarikaFebruary 23, 2017 at 4:35 AM

    If I pay 30000 per year in jiven Anand lic policy for 35 years what will my maturity value.

    ReplyDelete
  14. sarikaFebruary 23, 2017 at 4:36 AM

    Sorry the premium amount is 35000.

    ReplyDelete
  15. UnknownFebruary 23, 2017 at 4:45 AM

    what is your date of birth Sarika ji?

    ReplyDelete
  16. drkhamkarOctober 2, 2017 at 1:38 AM

    sir
    when you explain policy take term for 21 yrs . it will increase your bonus and pls give all the details in explanation..... not only maturity but also other benefits ........ otherwise it create a negative impact about this plan
    thanks

    ReplyDelete
  17. UnknownDecember 23, 2017 at 8:20 AM

    Why bonus is not added after premium paying term is over. Check Exide new fulfilling life plan. Much better than the Jeevan anand.. Contact me if you show interest..

    ReplyDelete

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