LIC Scheme: Invest Rs 45 Daily & Get Rs 25 Lakh—Here’s How
New Delhi: Life Insurance Corporation of India(LIC)’s Jeevan Anand Policy is a life endowment plan that provides several benefits to policyholders during the policy term. This plan guarantees that the insurance coverage continues even after the premium payment term ends.
By investing just Rs 45 each day, policyholders can amass a considerable sum of Rs 25 lakh over 35 years. This term policy provides not only bonus and death benefits but also additional riders, including the Accidental Death and Disability Rider, for extra protection.
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In addition, the policy gives flexible premium payment options and allows for surrender after two years. With its emphasis on secure financial planning, the policy guarantees dependable returns and a comprehensive protection plan.
In the unfortunate event of a policyholder’s death due to an accident, the LIC Jeevan Anand Policy provides an extra coverage amount of up to Rs 5 lakhs. Meanwhile, if an accident leads to permanent disability, the LIC policy ensures that the policyholder’s ongoing financial needs are met by disbursing the sum assured in installments. Notably, these additional benefits under LIC Jeevan Anand come without any extra charges on the premium amount.
Speaking of the salient features of LIC Jeevan Anand Plan are as follows:-
- Traditional Endowment Policy: Provides a sum assured along with additional bonuses.
- Maturity Benefits: Paid upon survival, ensuring the policy remains active throughout the term.
- Death Benefits: The sum assured is paid to the nominee in the event of the policyholder’s death.
- Top-Up Cover Options: Allows for additional top-up covers at a nominal sum.
- Lifetime Financial Protection: Offers financial security for the entire lifetime of the insured individual.
- Lump Sum Payment: Provides a lump sum amount at the end of the selected term period.
- Profit Participation: The policy participates in the corporation’s profits, potentially enhancing returns.
- Entry Age: Minimum entry age is 18 years, and the maximum is 50 years.
- Rebates: Mode Rebate: Yearly mode – 2% of Tabular Premium
- Rebates: Mode Rebate: Half-yearly mode – 1% of Tabular premium
LIC’s amazing scheme: Save just Rs 45 daily to receive Rs 2500000 lakh, here’s how
The Life Insurance Corporation of India(LIC)’s Jeevan Anand Policy allows individuals to accumulate Rs 25 lakh over 35 years by contributing Rs 1,358 each month. This translates to a daily deposit of just Rs 45, making it a practical long-term investment option with terms ranging from 15 to 35 years.
Jeevan Anand Policy: Bonus
The scheme offers two bonuses, with a total deposit of ₹5,70,500 over a span of 35 years and a basic sum assured of ₹5 lakh. Upon maturity, the policyholder is entitled to a revisionary bonus of ₹8.60 lakh and a final bonus of ₹11.50 lakh, in addition to the total amount deposited. To be eligible for these bonuses, the policy must have a minimum tenure of 15 years.
