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Inusrance>>Polices & Features>>Jeevan Anand |
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LIC - Jeevan Anand |
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| Product Summary |
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A combination of Endowment Assurance and Whole Life Plans |
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Provides financial protection against death throughout the lifetime of the life assured |
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Provision of payment of a lump sum at the end of the selected term in case of his survival |
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Premiums are payable yearly, half-yearly, quarterly or monthly through salary saving schemes |
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Bonuses will be added during the selected term or till death, if it occurs earlier |
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Plan comes with inbuilt accident death benefit up to Rs. 5 lakh |
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Minimum age at entry |
18 years |
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Minimum Sum Assured |
Rs.100,000 |
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Minimum premium |
Rs.800 per annum |
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Premium Paying term |
5 - 57 years |
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Maximum age at entry |
65 years & 60 years for single Premium Policy |
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| Benefits |
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In case of death during the selected term |
Sum Assured along with the bonus in a lump sum |
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In case of survival to the end of the selected term |
Sum Assured along with the bonus on survival + additional Sum Assured payable on death thereafter. |
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Accident Benefit |
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Additional Sum Assured is payable in a lump sum on death due to accident |
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If permanent disability, this Additional Sum Assured is payable in installments. |
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