LIC's JEEVAN ANAND (915)

LIC's JEEVAN ANAND (915)::: LIC's New Jeevan Anand Plan is a non-linked plan  LIC's New Jeevan Anand Plan offers an attractive combination of protection and savings.  LIC's New Jeevan Anand Plan combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.
Eligibility
Entry Age	Min. Age - 18 Years Max. Age - 50 Years
Polocy Term	Min. Term - 15 Years Max. Term - 35 Years
Premium Payment Mode	Yearly, Halfly, Quarterly, Monthly (NACH)
Sum Assured	Min. S.A - 1,00,000 Max. S.A - No LIMIT (Depending Upon Income)
Policy Benefits
Death benefit	Sum of Sum Assured on Death and vested Simple Reversionary Bonuses + Final Additional bonus, if any, shall be payable. Where, Sum Assured on Death is defined as higher of 125% of Basic Sum Assured or 10 times of annualized premium. This death benefit shall not be less than 105% of all the premiums paid as on date of death. The premiums mentioned above exclude service tax, extra premium and rider premiums, if any.
Maturity	Once the policy term is complete and all due premium has been paid; the policy will provide maturity equal to Basic Sum Assured + Simple Revisionary Bonus (Bonus) added during policy term including Final Additional bonus.
Surrendered Value	Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.
Loan	Loans are available provided if at least 2 full years’ premiums have been paid.
Income Tax Benefit	Premium paid under this plan is eligible for TAX rebate under section 80c. Maturity Under this plan is free under sec 10(10D).
Documents would be required	Recent coloured photograph of the life insured and proposer.
	Identity proof like Voter’s ID Card, PAN Card, Aadhar Card, Driving License, Passport, etc.
	Address proof like Voter’s ID Card, Driving License, Passport, Electricity bill, telephone bill, etc.
	Age proof like passport, voter’s ID Card, Aadhar card, etc.,