New Jeevan Anand

• Offers the Guaranteed risk coverage of 125% of basic sum assured from Day 1 and the risk coverage enhances every year as LIC declares the yearly bonus
• The customer gets the tax-free maturity under this plan which includes the bonus also along with Sum Assured.
• In this plan, LIC offer the life cover up to the age of 100 years.
• This plan has an option of choosing the Accidental Life cover, Disability Benefit & Critical illness cover.
• This plan also has the option of taking the Maturity proceeds in installments as the policy-holder can choose the no of year as 5, 10 or 15.
• In a similar way, the policyholder also has the option of choosing the death benefit in installments.
• LIC also offer the discount in the premium in case the mode of payment is Yearly.
• The loan is also available to the policyholder after the completion of 1 year of the policy.