Lic New Jeevan Anand
vs
Lic Jeevan Lakshya

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Lic New Jeevan Anand vs Lic Jeevan Lakshya

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...

Lic Jeevan Lakshya

For the financial security of children and families, the LIC Jeevan Lakshya Plan (Plan No: 933) is the most suitable one. It is a collection of savings plus it covers the risk factor. It is a limited premium paying plan that is not at all linked and classified With-Profits Endowment Assurance plan. ...

PLAN DETAILS

Lic New Jeevan Anand


Lic Jeevan Lakshya

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
  • Death Benefits
  • Maturity Benefits
  • Participation in profits
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - 65 years
Premium payment term - Policy term minus 3 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 50 years Minimum Age - 18 years Maximum Age - 50 years
Sum assured Rs 1 lakh to No limit 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 Minimum term - 15 years Maximum term - 35 years Minimum term - 13 years Maximum term - 25 years
Claim Settlement Ratio (2023-24) 98.62 98.62
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LIC Jeevan Anand Plan 915 Details

LIC Jeevan Anand Plan 915 Details

Know More About Plans

Overview

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 his/her survival.

It also takes care of liquidity needs with the loan facility. The plan is there to provide the needful financial support to the family members in case of the demise of the insured.

Moreover, the plan also comes with the survival benefit wherein if the policyholder survives till the end of the policy term, the plan will give a lump sum amount as a survival benefit.

LIC New Jeevan Anand Plan offers you a range of benefits including:

why-choose
  • Death Benefits
  • Policy Loan
  • Rider benefits
  • High sum assured rebates
  • Maturity Benefits

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.