Posts Tagged ‘Plan 149’

LIC Jeevan Anand (Jindangi ke saath bhee, Jindadi ke baad bhee) Plan No- 149

Sunday, December 27th, 2009

LIC Jeevan Anand (Zindangi ke saath bhee, Zindadi ke baad bhee) Plan No- 149

Features
LIC’s Jeevan Anand is a with profit insurance plan. The plan is a combination of Whole Life insurance and endowment Plan. Jeevan Anand Policy provides pre-decided Sum Assured and bonuses at the end of the stipulated premium paying term, but the risk cover on the life continues till death without paying any additional premiums.

Special Features:
• Moderate Premiums
• High bonus
• High liquidity
• Savings oriented.

Jeevan Anand Plan Premiums are usually payable for the selected term of years or until death if it occurs during the term period. This policy not only makes provisions for the family of the life assured in the event of his early death but also assures a lump sum if the life assured survives till the end of premium paying term. The high lump sum available on maturity can be used for children’s education, marriage, medical emergencies or in any other way considered suitable at that time by the life assured. The lump sum money can also be reinvested to provide an annuity/pension.

Survival Benefits:
Sum Assured + Bonus + Final Additional Bonus (if applicable) payable at the end of the premium paying term (Endowment term).

Accident Benefit:
Double Accident benefit is available during the premium paying term and thereafter up to the age of 70 years. The premium for this has been built into the tabular premium rates and no additional premium needs to be paid for the same. Maximum accident cover available under this plan is Rs. 5 lakhs (this limit excludes accident benefit taken under other plans).

Death Benefits:
Sum Assured along with vested bonuses are payable on death during the premium paying term and when policy ceases. An amount equal to the Sum Assured is payable if death occurs after the premium paying term.

Simple Reversionary Bonus accrues during the premium paying term and is payable at the end of the premium paying term or on earlier death along with final additional bonus, if any. No Bonus is paid on death after the premium paying term (only the Sum assured is paid after premium paying term).

An investment in “Jeevan Anand” is highly recommended by us to all individuals looking to invest in insurance.

Contact us for free quotes and detailed plan presentations on LIC’s Jeevan Anand Endowment + Whole Life Insurance Policy. Our authorised agent/Insurance Advisor/Insurance agent will Contact you within 24 hrs.

Call +91-80885-66788 (M) or 99000-95096(M) for more information or visit our website: http://www.insurefuture.in

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