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New Jeevan Anand (Plan-815)

LIC's New Jeevan Anand (815) Plan is one of the best plans in whole Industry. It 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 lump-sum at the end of the selected policy term in case of his/her survival.

Premium payment be made Monthly (by ECS), Quarterly, Hallf yearly and Yearly as suits you better.
Gifts available for Yearly payers by us.

Term: Minimum 15 and maximum 35 years.

Entry Age: Minimum 18 years and maximum 50 years.

Minimum Sum can be Assured Rs.1,00,000/-

Accidental Death & Disability Benefit Rider available.

Policy Benefits :

On Death :

Provided all due premiums have been paid, the following death benefit shall be paid:
• (125% of Sum Assured) + Vested Bonus + Final Additional Bonus (Loyalty)

• On death of policyholder at any time after policy term: Basic Sum Assured

On Survival :

Basic Sum Assured + Vested Bonus + Final Additional Bonus (Loyalty)

Surrendered Value :

The policy can be surrendered after at least three full years premiums have been paid.

Loan :

Loan Facility is available after payment of premiums for at least 3 full years.

Income Tax Benefit :

• Premium paid under this plan is eligible for deduction under section 80C of Income Tax Act, 1961.

• Maturity under this plan is free under section 10(10D) of Income Tax Act, 1961.

For more details............