Any investor of age 18 years and above can invest in Jeevan Anand policy. In this policy, fixed returns are available at the time of maturity. Apart from this, bonus is also available for investing continuously for 15 years.
LIC Jeevan Anand Policy: Life Insurance Corporation of India (LIC) policies are the most popular in the country. LIC runs various policies for different categories. One of the popular policies is Jeevan Anand Policy. Through this policy, you can save good money for the future. Two bonuses are also available in this policy which are available at different times. In this plan, you can get Rs 10.33 lakh together by depositing less than Rs 100 i.e. Rs 76 per day.
Any investor of age 18 years and above can invest money in Jeevan Anand policy. In this policy, fixed returns are available at the time of maturity. Apart from this, bonus is also available for investing continuously for 15 years. In case of death of the policyholder, the nominee gets good money under LIC Jeevan Anand policy.
Many other advantages
Investors also get many other benefits in LIC Jeevan Anand policy. These include insurance for accidental death, disability, term assurance and critical illness cover, among others. You can increase the sum insured at the time of accident or death. At present the minimum sum insured in LIC plan is Rs 1 lakh. However, investors can increase their Sum Assured and also increase the claim amount. LIC pays 125% of the Sum Assured in case of death of the investor.
How much on deposit
In this policy, if you want, you can withdraw the lump sum amount or can also take assured monthly returns. Meaning you can choose how they want to receive their returns.
Suppose you are 24 years old. You opt for a Jeevan Anand policy with an option of Rs 5 lakh. In this situation, you will have to pay Rs 26,815 annually as premium. If we calculate this, then it comes to Rs 2281 or Rs 76 per day on a monthly basis. Accordingly, the amount deposited in the next 21 years will be around Rs 563705. With bonus money, an investor will get about 10 lakh 33 thousand rupees on maturity.
