New Jeevan Anand

  • This is an insurance + investment plan
  • Life cover (life insurance) extends beyond policy term up to 100 years Whole Life Plan
  • No tax on premium paid
  • No tax on returns
  • Min. life cover is 125% of Sum Assured (SA)
  • Participatory plan - You get part of profits LIC makes as a bonus Bonus on policy declared every year Loan 1s available after 3 years of premium payment
  • Policy can be surrendered after 3 years of premium payment
  • AGE: 18-50, Maximum Age at maturity is 75 years