Jeevan Anand

LIC Jeevan Anand is Endowment Assurance as well as Whole Life plans. Life insured get a death cover throughout the lifetime and the lump sum at the end of survival. This is one of the best plan with high risk cover and the great maturity benefits. It shares the profit of life insurance business and distribute per thousand Sum Assured annually at the end of each financial year as bonus. The policy provides high financial protection against accidental death.

Jeevan Anand Benefits and Features

Maturity Benefits
In LIC Table 149 maturity benefits are SUM assured plus the vested bonus in lump sum on the end of term is paid to life insured.
 

Death Benefits

An amount equal to one SUM Assured along with the vested bonuses in lump sum will be payable on death of life insured.

Accident Benefits

An additional Sum Assured (up to 5 Lacs) is payable in a lump sum on death due to accident up to age 70 of life assured. In case of permanent disability of the life assured due to accident this additional Sum assured is payable in installments.
No Additional premium need to be paid.