LIC Jeevan Anand Plan - PowerPoint PPT Presentation

About This Presentation
Title:

LIC Jeevan Anand Plan

Description:

LIC jeevan anand plan provide a risk cover up to an age of 100 years; even after maturity. Subsequently, LIC made some changes in this plan. This policy also offers dual accidental benefit in the event of death of the policyholder due to an accident up to an age of 70 years. To know more about this plan please visit: – PowerPoint PPT presentation

Number of Views:6242

less

Transcript and Presenter's Notes

Title: LIC Jeevan Anand Plan


1
LIC Jeevan Anand Plan
LIC Jeevan Anand Policy is a whole life
protection cum endowment assurance plan. The plan
provides a lifetime financial protection to the
insured along with the provision of payment of
lump-sum as maturity benefit at the end of the
selected tenure in the case of survival.
2
Key Features of LIC Jeevan Anand
  • 1. This is an LIC endowment plan assurance cum
    whole life plan
  • 2. Offers a Pre-decided sum assured at the end
    of the specific term.
  • 3. The plan offers risk coverage for the whole
    life of the insured.
  • 4. Jeevan Anand is a with profit life
    insurance policy.
  • 5. The policy can be bought for the maximum
    tenure of 57 years.

3
Benefits of LIC Jeevan Anand Plan
  • Death Benefit-
  • In the case of demise during the selected term, a
    sum assured along with allotted bonus is payable
    in lump-sum to the beneficiary of the policy.
  • Survival Benefit-
  • A sum assured along with accrued bonus is paid in
    lump-sum on survival until the end of the policy
    tenure. Moreover, an additional sum assured is
    also payable on death afterward.

4
  • Accidental Benefits-
  • An extra sum assured as an accidental death
    benefit is paid as lump-sum to the beneficiary on
    death caused due to the accident. In the case of
    permanent disability due to accident, a lump-sum
    amount is paid in monthly installments.
  • Surrender Value-
  • A guaranteed surrender value is offered, on
    earlier termination of the policy.
  • This plan is most suitable for those insurance
    seekers who wants to have lifelong protection
    along with savings.

5
Thank You
Write a Comment
User Comments (0)
About PowerShow.com