LIC New Jeevan Anand
Double Benefit Plan: Savings + Lifetime Insurance Cover
Offers a combination of financial protection against death throughout the policyholder's life along with maturity benefit payout.
Individuals looking for long-term savings with lifelong risk cover even after policy maturity.
Key Benefits & Protection Advantages
Eligibility & Policy Limits
| Eligibility Parameter | Official Rule / Limit |
|---|---|
| Minimum Entry Age | 18 Years (Completed) |
| Maximum Entry Age | 50 Years (Nearest Birthday) |
| Maximum Age at Maturity | 75 Years |
| Policy Term | 15 to 35 Years |
| Basic Sum Assured | Minimum ₹1,00,000 (Multiples of ₹5,000) |
Sample Payout Illustration
Illustrative Example₹26,25,000 (Incl. Bonus & FAB)
Frequently Asked Questions about LIC New Jeevan Anand
Q1:What happens after the policy matures?
You receive the full maturity amount (Basic Sum Assured + Accumulated Bonuses + Final Additional Bonus). Additionally, your life cover of Basic Sum Assured remains active until death without paying any further premiums.
Q2:Is loan facility available in Jeevan Anand?
Yes, loan can be availed after payment of premiums for at least 2 full years, up to 90% of the surrender value for in-force policies.
Information provided on this consultancy website is for general awareness, policy comparison, and educational purposes. Plan features, bonus additions, eligibility terms, and premiums are governed by official Life Insurance Corporation of India (LIC) product prospectuses and sales brochures. This is an independent insurance agent consultancy website and does not claim to be the official corporate web portal of LIC of India. Policyholders are advised to read official policy documents carefully before finalizing insurance contracts.
Request Quote & Brochure
Get an official premium calculation table for LIC New Jeevan Anand directly from Senior Advisor Satrughan Thakur.