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Lic New Jeevan Anand
VS
Lic New Endowment
| PLAN DETAILS |
Lic New Jeevan Anand |
Lic New Endowment |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - 75 years | Maximum Maturity Age - 75 years |
| Premium payment term | - | Same as policy term |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 50 years | Minimum Age - 8 years Maximum Age - 55 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 - 12 years Maximum term - 35 years |
| Claim Settlement Ratio (2023-24) | 98.62 | 98.62 |
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LIC Jeevan Anand Plan 915 Details LIC Endowment Assurance Policy Explained | Best LIC Plan for Savings & Insurance |
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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:
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