LIC Jeevan Anand Policy

Endowment Plan LIC

LIC’s New Jeevan Anand Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.

LIC New Jeevan Anand – Key Features

  • LIC Jeevan Anand is a whole life endowment plan.
  • Death Benefit: In the case of the death of the insured, the assured sum is paid to his entitled nominee.
  • The plan also offers tax exemption on the premium paid and claim settlement under Section 80C and 10(10D) of the Income Tax Act.

LIC Jeevan Anand Policy Benefit

  • Death Benefit:

In case of the demise of the insured person, the beneficiary of policy LC Jeevan Anand is payable of the total sum assured amount along with the simple reversionary bonus and the tenure of the policy continues to be in force.

  • Maturity Benefit:

In case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of the whole policy year.

  • Accidental Death and Disability Benefit:

The LIC New Jeevan Anand plan offers additional coverage as accidental death and disability benefit rider. This rider benefit can be bought in addition to the basic coverage of the policy. Under this rider benefit the nominee of the policy receives the extra sum assured amount on top of the basic sum assured amount in case of accidental demise of the insured person. Moreover, in case of total or permanent disability, the plan offers the benefit in equal intervals of time.

  • Tax Benefits:

LIC Jeevan Anand policy offers tax benefit to the insured on the premium paid and on the claims received, Under Section 80C and 10(10D) of the Income Tax Act.

Required Documents

The documents required to be insured under this insurance plan are subject to the sum assured amount chosen and the premiums paid for it. Below are some of the basic documents required for getting insured by the LIC policies:

  • Address Proof
  • Age Proof
  • Other KYC Documents: PAN Card, Aadhar Card, Tax Details, etc.
  • Medical History
  • Medical Diagnosis Reports as required

अधिक जानकारी के लिए आप हमसे  9771966079 पर संपर्क कर सकते है।

Note: LIC Plan, GST Registration, GST Return File, TDS Return, MSME Registration, e-Way Bill, PAN Card, DSC के लिए सम्पर्क करे

Rajesh Sarraf

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