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LIC Jeevan Anand, anand jeevan, life insurance, jeevan anand policy, anand plan, lic india, lic best plan, lic best policy, LIC Anand, LIC Tax Saving Plan, Life Insurance Policy, LIC Bangalore
LIC Jeevan Anand, anand jeevan, life insurance, jeevan anand policy, anand plan, lic india, lic best plan, lic best policy, LIC Anand, LIC Tax Saving Plan, Life Insurance Policy, LIC Bangalore
LIC Jeevan Anand, anand jeevan, life insurance, jeevan anand policy, anand plan, lic india, lic best plan, lic best policy, LIC Anand, LIC Tax Saving Plan, Life Insurance Policy, LIC Bangalore



LIC Insurance Plans


Jeevan Anand

Endowment Policy

Endowment - Single Premium

Tax Saving Plans

Jeevan Akshay VI

Bima Bachat - Single premium

Money Back 20 yrs

Money Back 25 yrs

Jeevan Nidhi

Term Insurance

Jeevan Rakshak

Tax Saving Plans

Endowment Plus ( ULIP)

 

LIC Endowment Plus Plan


    Plan : New Endowment Plus(835)

    LIC’s New Endowment Plus is a unit linked assurance plan, which offers investment-cum-insurance during the term of the policy. The Policyholder can choose the amount of premium he/she desires to pay, depending on which Policyholder will get the equivalent level of cover.

    Each premium paid by the Policyholder shall be subject to Premium Allocation charge as per rule. The allocated premium will be utilized to purchase units as per the selected fund type. The Policyholder’s Fund Value will be subject to deduction of charges as per rule. Units will be allotted and cancelled based on the Net Asset Value (NAV) of the respective fund applicable to the date of allotment / cancellation. The NAV will be computed on daily basis and will be based on the investment performance and Fund Management Charges (FMC) of each fund type.


    Investment Fund Type:

    Bond, Secured, Balanced, and Growth Fund

    Basic Sum Assured is (10 * Annualized Premium) or (105% of total premiums paid), whichever is higher.


    Risk Cover: If age at entry is less than 8 years the risk will commence one day before the completion of 2 years from DOC or at policy anniversary following completion of 8 years of age, Whichever is earlier. In case the age as entry is 8 years or more, Risk will commence immediately.


    Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly


    Term : 10 to 20 Years. Premium paying term is same as policy term.


    Minimum Entry Age : 90Days


    Maximum Entry Age : 50Years NBD


    Minimum Maturity Age : 18Years Completed


    Maximum Maturity Age : 60 Years NBD.


    Minimum Sum Assured :
    YLY : 20,000/-
    HLY : 13,000/-
    QLY : 8000/-
    ECS : 3000/-


    Maximum Sum Assured : No Limit


    Accidental Benefit Rider Available.


    Policy Benefits : On Death :
    On death before the Date of Commencement of Risk:
    An amount equal to the Policyholder’s Fund Value shall be payable.



    On death after the Date of Commencement of Risk:
    An amount equal to the higher of Basic Sum Assured or Policyholder’s Fund Value shall be payable. Where, Basic Sum Assured is (10 * Annualized Premium) or (105% of the total premiums paid), whichever is higher.



    On Survival : Fund Value at the time of maturity.

    Surrendered Value : Policy can be surrender after 5 years.

    Partial Withdrawals after 5 years. Life Assured must be major.

    Loan : Not available.


    Income Tax Benefit : 80C Rebate up to Rs 1,50,000 & Maturity & Death Claim Amount 100%Tax Free


    For Insuring under this plan, Call us at 9480240513.



    Insurance is the subject matter of solicitation