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LIC Anmol Jeevan Plan

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LIC Term Insurance plan Anmol Jeevan is one of the best example for pure insurance. Jeevan Anmol is a plan which provides financial protection to your family in case of unfortunate demise and no returns when the policy matures. This plan is very popular in developed countries.

Features of Anmol Jeevan-

  • LIC Anmol jeevan Plan is available from Rs. 6, 00,000/- to Rs. 24, 00,000/- only.
  • Minimum entry age is 18 yrs
  • Maximum age is 55 yrs
  • The loan is not available under this plan
  • No Surrender value can be obtained under this plan
  • If the regular premium is not paid, the policy would lapse without any grace period.

Benefits of LIC Jeevan anmol-

  • Coverpolicyholderolder with low premium
  • Policy covers worldwide
  • Premium can be paid half yearly and yearly modes only.
Eligibility Conditions & Restrictions 
Minimum age18 years (Completed)
Maximum age55 years
Maximum maturity age65 years
Minimum Sum AssuredRs. 6 Lakhs
Maximum Sum AssuredRs. 24 Lakhs
Policy Term5 years to 25 years
Premium payingYearly / Half yearly
LoanNot available
SurrenderNot applicable
On DeathSum Assured
On MaturityNIL
Income Tax Benefits(i) Premiums paid are eligible for Tax rebate u/s 80c
(ii) Death claim is non-taxable u/s 10(10d)