LIC Saving Scheme: Life Insurance Corporation of India ( LIC ) is very popular in the insurance sector. People like to invest in LIC insurance or policy for good returns along with security.
It has many policy plans for everyone from senior citizens to children. You can get good returns by investing in LIC plans. However, many people do not invest in the policy due to the high premium. You can get good returns with low premium in some schemes of LIC .
Today we will tell you about LIC’s Jeevan Anand policy. In this policy, you can create a fund of Rs 25 lakh by saving only Rs 45 daily . Jeevan Anand Policy ( LIC Jeevan Anand) is a very good option for high returns with low premium. This is a term policy plan.
In this, the policy holder also gets many maturity benefits. In this plan, the minimum sum assured is Rs 1 lakh and there is no maximum limit.
LIC Jeevan Anand Policy Calculation
In this policy, you have to deposit Rs 1358 every month after which you can get Rs 25 lakh. This means that you have to deposit only Rs 45 daily in this scheme. This is a kind of long term plan. In this, you have to invest for 15 years to 35 years.
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If you invest in this policy for 35 years, you will get Rs 25 lakh after maturity. In this policy, you will be able to save up to Rs 16,300 annually.
Get the benefit of bonus
In this scheme, bonus is given twice. If you invest Rs 16,300 every year for 35 years, then you have deposited a total of Rs 5,70,500. Now according to the rules of the policy, the basic sum assured in this is Rs 5 lakh.
Now after maturity, the policy holder will get a revisionary bonus of Rs 8.60 lakh and a final bonus of Rs 11.50 lakh. This bonus will be given in addition to the amount deposited in the policy. Please note that to get the benefit of this bonus, your policy must be for 15 years.
These benefits are available in Jeevan Anand Policy
- This plan offers the benefits of Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider.
- If the policy holder dies, the nominee gets the benefit of 125 percent death benefit.
- There is no benefit of tax exemption in this policy.
