LIC Jeevan Anand Policy: The Life Insurance Corporation of India (LIC) is the India’s largest and oldest life insurance company. LIC offers a variety of policies, including the Jeevan Anand Policy, as part of its commitment to serving a diverse customer base. This premium term policy provides policyholders with double bonus benefits if they invest in the policy for a fixed period of time.
Invest just Rs 45 per day for a guaranteed sum of up to Rs 25 lakh:
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With the Jeevan Anand Policy, you can receive up to Rs 25 lakh with a minimum sum assured of Rs 5 lakh. You must invest in the policy for 35 years and deposit Rs 1,358 per month or Rs 16,300 per year to receive this benefit. This equates to a daily investment of only 45 rupees.
Documents needed to avail Jeevan Anand Policy:
To invest in the Jeevan Anand Policy, you will need the following documents: Aadhaar Card, Bank Account, Mobile Number, and PAN Card are all required.
Death benefit and rider benefit:
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There is also a death benefit and a rider benefit with the Jeevan Anand Policy. If a policyholder dies before reaching maturity, the nominee will receive a death benefit of up to 125%. This policy’s minimum sum assured is Rs 1 lakh, with no maximum limit. Furthermore, the rider benefit covers Accidental Death and Disability, Accident Benefit, New Term Rider, New Term Insurance Rider, and New Critical Illness Benefit. It is important to note, however, that investing in the Jeevan Anand Policy does not provide any tax benefits.
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