There are many ways to secure your future through investment, but did you know that with LIC’s Jeevan Anand Policy, you can build a large fund by investing a small amount?
This policy is designed for those seeking a safe and strong investment with a low contribution.
In this article, we will provide all the details about this policy, showing how you can accumulate up to Rs 10 lakh with just a daily savings of Rs 80.
Additionally, we will cover its benefits, returns, and other important features to give you a complete understanding of this investment option.
What is LIC Jeevan Anand Policy?
The LIC Jeevan Anand Policy is a life insurance plan that offers excellent returns with a low investment.
Its goal is to provide both security and an opportunity to build a substantial fund for the future.
With this policy, the investor receives bonus benefits during the investment period and a large fund at maturity.
Additionally, it provides several other advantages, including accidental death cover, disability cover, and coverage for critical illnesses.
How to Invest in LIC Jeevan Anand Policy?
To invest in the LIC Jeevan Anand Policy, you must be at least 18 years old. The good news is that you don’t need to make a large investment.
By saving just Rs 80 daily, you can become a part of this policy and enjoy attractive returns.
Financial Details:
- Annual Premium: Rs 27,000
- Monthly Premium: Rs 2,300
- Daily Investment: Rs 80
Over a period of 21 years, your total investment would amount to approximately Rs 5.60 lakh.
In comparison, the maturity return could be as high as Rs 10 lakh, meaning you’ll earn a substantial return on your investment.
Bonus Benefits:
LIC Jeevan Anand policy investors receive bonuses in addition to the returns. There are two types of bonuses:
Policy Bonus: A bonus is provided upon maturity in the form of a revisional bonus.
Double Bonus: If you invest for 15 years, you become eligible for a double bonus, meaning you receive twice the regular bonus amount.
Insurance Cover and Bonus:
Insurance Cover: This policy provides an insurance cover of Rs 5 lakh. In case of the policyholder’s death, the nominee will receive the insurance cover of Rs 5 lakh.
Revisional Bonus: Additionally, you will receive a revisional bonus of Rs 8.60 lakh.
Other Benefits of the Policy:
Investing in the LIC Jeevan Anand policy offers several additional benefits:
Accidental Death Cover: If the policyholder dies in an accident, the nominee will receive 125% of the sum assured under the policy.
Disability and Critical Illness Cover: This cover provides financial support if the policyholder becomes disabled or suffers from a critical illness.
Term Assurance: If the policy term ends before the policyholder’s death, the insurance cover remains valid.
Why Choose LIC Jeevan Anand Policy?
The LIC Jeevan Anand Policy is ideal for those who want to build a substantial fund with a small investment.
It provides insurance coverage and ensures financial security for your family. Additionally, it offers returns and bonuses that help grow your investment.
