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LIC scheme: Save just Rs 45 daily to receive Rs 2500000 lakh, here’s how
24htopnews | October 12, 2024 1:06 PM CST

New Delhi: Life Insurance Corporation of India(LIC)s Jeevan Anand Policy is a life endowment plan that provides several benefits to policyholders during the policy term. This plan guarantees that the insurance coverage continues even after the premium payment term ends. By investing just Rs 45 each day policyholders can amass a considerable sum of Rs 25 lakh over 35 years. This term policy provides not only bonus and death benefits but also additional riders including the Accidental Death and Disability Rider for extra protection. In addition the policy gives flexible premium payment options and allows for surrender after two years. With its emphasis on secure financial planning the policy guarantees dependable returns and a comprehensive protection plan. In the unfortunate event of a policyholders death due to an accident the LIC Jeevan Anand Policy provides an extra coverage amount of up to Rs 5 lakhs. Meanwhile if an accident leads to permanent disability the LIC policy ensures that the policyholders ongoing financial needs are met by disbursing the sum assured in installments. Notably these additional benefits under LIC Jeevan Anand come without any extra charges on the premium amount. Speaking of the salient features of LIC Jeevan Anand Plan are as follows:- Traditional Endowment Policy: Provides a sum assured along with additional bonuses. Maturity Benefits: Paid upon survival ensuring the policy remains active throughout the term. Death Benefits: The sum assured is paid to the nominee in the event of the policyholders death. Top-Up Cover Options: Allows for additional top-up covers at a nominal sum. Lifetime Financial Protection: Offers financial security for the entire lifetime of the insured individual. Lump Sum Payment: Provides a lump sum amount at the end of the selected term period. Profit Participation: The policy participates in the corporations profits potentially enhancing returns. Entry Age: Minimum entry age is 18 years and the maximum is 50 years. Rebates: Mode Rebate: Yearly mode - 2% of Tabular Premium Rebates: Mode Rebate: Half-yearly mode - 1% of Tabular premium LICs amazing scheme: Save just Rs 45 daily to receive Rs 2500000 lakh heres how The Life Insurance Corporation of India(LIC)s Jeevan Anand Policy allows individuals to accumulate Rs 25 lakh over 35 years by contributing Rs 1358 each month. This translates to a daily deposit of just Rs 45 making it a practical long-term investment option with terms ranging from 15 to 35 years.  


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