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Showing posts from December, 2012

Jeevan Anand Table No 815

LIC Jeevan Anand is a combination of Endowment Assurance and Whole Life plans. This policy has great savings befits and death benefits throughout the lifetime. This policy has accidental death cover which is an additional SUM assured (up to 5 lacs) till the age of 70 years. No additional premium needs to pay for this feature. Jeevan Anand policy Details: Life Time risk cover Double accidental death benefits without paying an extra premium Invest for a short-term up to 5 years Pay premium on the monthly, Quarterly, Half-yearly or yearly basis With profit plan: Bonus will be added in maturity earned Tax savings on premium paid under section 80C Tax savings on death claim under section 10 (10D) Loan available after 3 years of full premium payment Supplementary/Extra Benefits available Guaranteed Surrender value @ 30% of total premium paid excluding the first-year premium Maturity Benefit: Maturity in Table No 815 will be Sum Assured+Vested Bonuses+Final Additional Bonus