Lic New Jeevan Anand
vs
Lic Jeevan Shanti

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Lic New Jeevan Anand vs Lic Jeevan Shanti

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 Shanti

Life Insurance Corporation (LIC) is an Indian insurance company owned by the Government of India. It was founded on 1st September 1956 and is headquartered in Mumbai, India. LIC caters to different segments of insurance products including health, pension, unit-linked, and others. One of its key pens...

PLAN DETAILS

Lic New Jeevan Anand


Lic Jeevan Shanti

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
  • Loan Facility
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - 80 years
Premium payment term - 1 to 12 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 50 years Minimum Age - 30 years Maximum Age - 79 years
Sum assured Rs 1 lakh to No limit Rs 1,50,000 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 - 31 years Maximum term - 80 years
Claim Settlement Ratio (2023-24) 98.62 98.62
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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.