Why LIC Jeevan Anand is best insurance Plan from LIC of India?

A participant non-connected program that provides an enticing mix of security with economies is LIC's latest Jeevan Anand scheme. This combination guarantees financial security against death for the lifetime of the policyholder by offering lumpsum payment in the case of his survival at the end of the chosen policy period. The program also meets the credit unit's liquidity needs.

LIC's new Jeevan Anand scheme is a member that provides a captivating mix of security and economics. That option provides financial security against death by making a lump-sum payout at the end of the preferred policy duration, for the lifetime of the policyholder. The system also meets the liquidity criteria of the credit unit.

Features of the New Jeevan Anand Policy
If the policy holder survives the policy, when the plan ends he receives a maturity benefit and the life cover stays in force
This policy offers double benefit, once at the maturity of the plan and again on the death
In the unfortunate event of the death of the policy holder, the death benefit is received by the appointed nominee
To enhance the payable benefits of the plan, bonus declarations are made
The policyholder has to pay a premium for the entire duration of the plan.
In case the first three-year premiums have been duly paid, the policy may be surrendered for cash
The policyholder can fulfil his liquidity needs as he is also eligible for a loan amount which is according to the surrender value.
In case the policy holder opts for a higher amount of sum assured and pays the premium on an annual or semi-annual basis, he can get a rebate in the premium amount.

To know more about best LIC Insurance, you can visit our website https://www.jayantharde.com or contact our representative at +91 712 2282029 or meet us at 51, Gurukripa, Old Sneha Nagar, Wardha Road, Nagpur – 440015.

Death benefit :
On death during the policy period: the death benefit is described as a death insurance and a simple reversal bonus and, if any, an additional premium is paid. Where the amount assured on death is specified as 125 percent or 10 times the annualized premium of the basic sum assured. The death payment is just 105% of all premiums charged as of the date of death.
On death of policyholder at any time after policy term: Basic Sum Assured.

Benefits payable at the end of Policy Term:
Specific amount Guaranteed, along with Basic Reversion Bonuses and Final Supplementary Bonuses given that all due premiums have been paid, shall be payable in lump sum for the longevity of the duration under regulation, if any.

Participation in Profits
Simple Reversionary Incentives, as described in the company's experience during the political period, shall be issued and may be issued to the policy, if the Policy is in place.

Final (additional) Bonus can also be announced in compliance with the Program in the year if, during the policy duration or for the payment of the survival benefit, the policy is valid on a fixed term of validity of the policy.

Optional Benefit:

LIC's Accidental Death and Disability Benefit Rider:
The policy invests in Corporate Income, and is eligible to earn an optional riding fee by charging extra premiums during the policy period, Simple Reversionary Bonus a LIC's Accidental Death and Disability Benefit Driver. In the event of an accident death during the insurance era, Accident Compensation Amounts Guaranteed and the death benefit under the basic program shall be payable as a lumpsum. In case of accidental permanent disability occurring in connection with an incident, the sum equal to the incident benefit amount Assured shall be paid in equal payments distributed over 10 years and potential premiums of the accident benefit sum Assured, as well as the standard amount assured premiums equal to the accident benefit amount Assured under the police. In case of an accident, the cost is equivalent to the accident benefit amount Assured.

To know more about best LIC Insurance, you can visit our website https://www.jayantharde.com or contact our representative at +91 712 2282029 or meet us at 51, Gurukripa, Old Sneha Nagar, Wardha Road, Nagpur – 440015.