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Guaranteed Return Insurance Plan vs Lic New Jeevan Anand

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Guaranteed Return Insurance Plan vs Lic New Jeevan Anand

Guaranteed Return Insurance Plan

Tata AIA Guaranteed Return Insurance Plan by Tata AIA Life Insurance is a savings plan with assured life cover. With this plan, you can build wealth with guaranteed returns and enjoy life coverage throughout the policy term. With this plan, you can choose a premium payment term mode to maximize your...

Lic New Jeevan Anand

LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of...

PLAN DETAILS

Guaranteed Return Insurance Plan


Lic New Jeevan Anand

Premium Including GST
Key Features
(Key features of the plan)
  • 3 Plan Options
  • Whole Life Protection
  • Joint Life Cover
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • 3 Plan Options
  • Whole Life Protection
  • Joint Life Cover
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
Plan Maturity age Subject to lower of max-age at entry plus policy term Maximum Maturity Age - 75 years
Premium payment term 5 to 12 years -
Plan Entry Age Minimum Age - 45 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 50 years
Sum assured Death Benefit Multiple x Annualized Premium Rs 1 lakh to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 6 to 13 years Minimum term - 15 years Maximum term - 35 years
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%
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Know More About Plans

Tata AIA Guaranteed Return Insurance Plan by Tata AIA Life Insurance is a savings plan with assured life cover. With this plan, you can build wealth with guaranteed returns and enjoy life coverage throughout the policy term.

With this plan, you can choose a premium payment term mode to maximize your savings or pay a lump sum amount as a single pay. Under the endowment option, a percentage of the Guaranteed Maturity Benefit will be accrued each policy year and shall be paid at maturity. What's more, the plan allows you to add your spouse to the same policy with a joint life cover feature. You can even customize the plan for additional protection and increase life cover with multiple rider options.

Tata AIA Guaranteed Return Plan offers you a range of benefits including:

why-choose
  • Choice of 3 plan variants
  • Guaranteed maturity benefit
  • Guaranteed additions
  • Choice of multiple policy terms
  • Choice of rider options

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