Under this policy, you will have to save only Rs 76 per day. Let’s know everything about this scheme…
New Delhi. Life Insurance Corporation of India (LIC) gives investors an opportunity to save for a better future. LIC’s New Jeevan Anand policy not only gives the customers the opportunity of saving, but also provides security. You also get bonus under the scheme. The risk cover under this plan continues even after the policy term. Under the policy, you will have to save only Rs 76 per day. Let us know everything about this scheme…
You get many benefits in LIC’s New Jeevan Anand policy. Its biggest feature is that you get life time cover in it. Along with this, the benefit of bonus is also given. In this policy, you are protected for life.
Who can take the scheme
If you have reached 18 years of age, then you can take the new Jeevan Anand scheme of LIC. At the same time, your age should not be more than 50 years to take the scheme. Under the scheme, it is necessary to take a minimum sum assured of Rs 1 lakh. There is no maximum limit of sum assured under this scheme. In simple words, you can take the sum assured as much as you want.
10 Lakhs on Maturity
>> Sum Assured + Simple Reversionary Bonus + Final Additional Bonus
>> 5 Lakh + 5.04 Lakh + 10 Thousand = 10.14 Lakh
>> If the policy holder survives on completion of 21 years then he will get 10 Lakh Will get more.
Understand that in the calculation
policy, investors also get a bonus for investing continuously for 15 years. In this, the investor can get Rs 10.33 lakh on maturity by investing Rs 76 daily. If an investor who is around 24 years of age opts for Rs 5 lakh in LIC Jeevan Anand policy, he will have to pay a premium of Rs 26,815, which is Rs 2281 per month or Rs 76 per day premium.
If the death occurred on maturity, then 5 lakhs will
be available. On the maturity of the policy, if the life insured dies, then the nominee will get the sum assured i.e. Rs 5 lakhs. If for any reason the policyholder dies in the middle of the policy, then the nominee will get 125% of the sum assured. Along with this bonus and final bonus are also available. If there is death in the policy after paying the premium for 17 years, then the higher of these three, the same will be given to the nominee.
>> 125% of Sum Assured = 125% of 5 lakhs = 6,25,000
>> 10 times of annualized premium = (10 times of 27010) = 3,02,730
>> 105% of premiums paid till death = (27010 * 17 105% of ) = 4,82,128
>> In this, if the amount in the first option is more, then the nominee will get the same amount.
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