Know the benefits of LIC Jeevan Anand policy - Buy LIC policy

Know the Benefits of LIC Jeevan Anand Policy

The LIC Jeevan Anand policy is one of the most popular and trusted insurance plans offered by Life Insurance Corporation (LIC) of India. It perfectly embodies the slogan “Zindagi ke saath bhi, zindagi ke baad bhi,” ensuring financial security both during and after the policyholder's lifetime. Here’s why this plan is considered one of LIC's best options:

LIC Jeevan Anand plan is a dual benefit policy. After giving maturity also, the policy continues without paying any premium till life.

The benefits after maturity are:

For an example, you had taken a policy for Rs. 5 lakhs sum assured. The LIC policyholder will get the maturity amount during the maturity time, after that

1) After maturity, till 70 years, Rs. 10,00,000/- Accidental Death cover  

2) After maturity, till 100th birthday, Rs. 5,00,000/- normal death cover

“Zindagi ke saath bhi, zindagi ke baad bhi,”

1. Dual Benefits: Insurance and Investment
   

   Jeevan Anand combines the advantages of a life insurance policy and an endowment plan. It provides a lump sum amount at the end of the policy term while ensuring life coverage even after maturity.
   On surviving the policy term, the policyholder receives the sum assured, along with bonuses accumulated over the years. This acts as a substantial financial corpus for future needs like education, marriage, or retirement planning.
   In the unfortunate event of the policyholder's demise, the nominee receives the sum assured plus bonuses, regardless of whether the death occurs during or after the policy term.
   Even after the maturity of the policy, the life risk cover continues without any further premium payments, making it a lifelong security blanket for loved ones.
   The policyholder can avail loans against the policy in times of financial need, offering liquidity while retaining coverage.
   Premiums paid under the policy are eligible for tax deductions under Section 80C of the Income Tax Act, while the maturity and death proceeds are tax-free under Section 10(10D).

2. Maturity Benefits
   

3. Death Benefits
   

4. Lifetime Coverage
   

5. Loan Facility
   

6. Tax Benefits
   

LIC Jeevan Anand offers comprehensive coverage, making it an ideal choice for those seeking financial stability, ensuring peace of mind for the policyholder and their family.