LIC Jeevan Aanand Plan: Life Insurance Corporation of India (LIC) runs different schemes for families of every financial status. On one hand, these schemes provide security against future risks of life, on the other hand, they also play an important role in big savings.
Life Insurance Corporation of India (LIC)’s Jeevan Anand Policy is an excellent option for those who want to get a lump sum fund with safe investment. This plan is being called a “money printing machine” because in this, investors get the dual benefit of guaranteed returns and insurance cover.
What is LIC Jeevan Anand Yojana
LIC’s Jeevan Anand policy is like a long term plan. Its policy term is 15 to 35 years. In this, you can get Rs 25 lakh by depositing Rs 1358 every month. According to this, you have to save only Rs 45 daily.
Highlights of LIC Jeevan Anand Yojana
₹ 25 lakh at once on maturity: On completion of the plan period, the policy holder gets a huge amount as a lump sum.
Insurance protection: Life cover continues even after the policy period, that is, the family gets additional benefits in case of death.
Bonus facility: LIC adds bonus to this plan from time to time, which increases the maturity amount further.
Double benefit: Benefit of investment and life insurance protection together.
Loan facility: If needed, loan can also be taken on the policy.
How does the plan work?
- The policyholder has to pay premiums during the policy term.
- After the completion of the term, a large lump sum amount (e.g. ₹25 lakh) will be received.
- Despite this, the life insurance cover will continue for life.
Why is this scheme special?
Double benefit: The life insurance cover continues even after receiving the money after maturity.
Financial security: The family gets financial support on the demise of the policyholder.
Risk-free investment: Safe investment with the reliability of LIC.
Long-term benefit: Bonuses and other benefits keep adding up over time.
Required Documents
- Aadhar Card
- PAN Card
- Income Certificate
- Passport Size Photo
- Bank Account Details
How to apply: LIC Jeevan Aanand Plan
- First of all, you can apply for the policy online by visiting the official website of LIC.
- Now you can contact any authorized agent of LIC to get information about the policy and start the application process.
- You have to fill the application form and submit it to the LIC office along with the required documents.
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