The largest and most established life insurance company in India is the Life Insurance Corporation of India (LIC). The Jeevan Anand Policy is one of the several plans that LIC offers as part of its dedication to catering to a wide spectrum of customers. For policyholders who invest in this premium term policy for a specific amount of time, the policy delivers double bonus advantages.
Invest just 45 rupees every day to receive up to Rs 25 lakh in total assured:
With the Jeevan Anand Policy, you can receive up to Rs 25 lakh with a minimum payment assured of Rs 5 lakh. You must invest in the policy for 35 years and make payments of Rs 1,358 per month or Rs 16,300 per year to be eligible for this benefit. Just 45 rupees a day would be invested in this.
Documents needed for the Jeevan Anand Policy:
You must possess the following documents in order to purchase the Jeevan Anand Policy: Mobile number, bank account, PAN card, and Aadhaar card.
Policyholders’ death benefit and rider benefit:
A death benefit and rider benefit are also provided by the Jeevan Anand Policy. The nominee of the policyholder will receive a death benefit of up to 12% if the policyholder passes away before maturity. This policy’s minimum sum assured is Rs. 1 lakh, and there is no upper limit. Additionally, coverage for Accidental Death and Disability, Accident Benefit, New Term Rider, New Term Insurance Rider, and New Critical Illness Benefit is provided under the rider benefit. It’s crucial to remember that purchasing a Jeevan Anand Policy does not provide tax benefits.
