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LIC

LIC's NEW JEEVAN ANAND (815) PLAN

UIN: 512N279V01

This is a participating non-linked plan which offers attractive combination of protection and savings

Combination of Endowment Plan with Profit and whole life plan

Death benefit during the policy term is higher than the basic sum assured

Liquidity during the policy term as well as after maturity

Term Insurance component after maturity without any premium as well any medical requirement

Features and Benefits

Product Name LIC’S NEW JEEVAN ANAND
Product Code 815
Benefit Endowment plus whole life
Plan Type Traditional Plan
Par/ Non Par Participating
Minimum Age at entry for Life Assured 18 yrs Completed
Maximum Age at entry for Life Assured 50 yrs nearest Birth Day
Maximum Maturity Age 75
Minimum Basic Sum Assured 100000
Maximum Basic Sum Assured No Limit
Sum Assured 100000 (thereafter in Multiple of 5000)
Policy Term 15 - 35 (Complete years)
Premium Paying Term 15 - 35 (Complete years)
NACH Available
Mode of Payment Yearly/ Half Yearly/ Quarterly/ Monthly
(For Monthly Mode NACH- two months premium need to be collected)
Backdating The policies can be dated back within the same financial year
Riders Allowed Accidental Death & Disability Benefit, Term Assurance and Critical Illness
Accidental Death & Disability Benefit -
Minimum Sum Assured = 1 Lakh
Maximum Sum Assured = 50 Lakhs
Sum assured in multiple of 5000
Term Assurance -
Minimum Sum Assured = 1 Lakh
Maximum Sum Assured = 25 Lakhs
Sum assured in multiple of 5000
Critical Illness -
Minimum Sum Assured = 1 Lakh
Maximum Sum Assured = 15 Lakhs
Sum assured in multiple of 5000















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