By investing in LIC’s Jeevan Anand policy, you get good returns along with insurance cover. In Jeevan Anand policy, you get fixed returns at the time of maturity, while in this you get a chance to get bonus twice.Â
In this policy, investors get many other benefits like insurance for accidental death, disability, term assurance and cover for critical illness etc..
The country’s largest insurance company Life Insurance Corporation of India (LIC) offers many types of insurance policies. Most of these policies are only for insurance cover. But there are some of its policies which also provide many other benefits to the investors. If you are planning to invest in such a policy, then you can invest in LIC’s Jeevan Anand policy.
LIC’s insurance policy is considered very reliable. By investing in its Jeevan Anand policy, you get good returns along with insurance cover. Its most important thing is that in this you can get better returns even by investing less than 100 rupees per day.
Double Bonus is Available in This Policy
In LIC’s Jeevan Anand policy, you get a fixed return at the time of maturity, while in this you get a chance to get bonus twice. If you choose the basic plan to invest in it, then you will get a sum assured of Rs 5 lakh and a revisional bonus of Rs 8.60 lakh. On the other hand, if you invest in it for a period of 15 years, then you get the benefit of double bonus. Any person of 18 years or above can invest in this policy.
This Remains The Math of Deposit And Return
If you choose a plan of 5 lakh rupees for investment in Jeevan Anand policy, then you will have to deposit about 27 thousand rupees annually as premium. That is, according to this, you will have to pay a premium of about Rs 2300 every month, which is less than Rs 100 per day. In this way, about 5.60 lakh rupees will be deposited in the next 21 years. At the same time, with the bonus, you will get an amount above 10 lakhs..
Many More Benefits of The Policy
Investors get many more benefits in LIC Jeevan Anand policy. These include insurance for accidental death, disability, term assurance and cover for critical illness, etc. If the policyholder dies due to an accident, 125% of the sum assured is paid to the nominee.
