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There is no tax exemption in this scheme of LIC

Many people who are interested in getting security and good returns on their investments are turning to LIC's Jeevan Anand policy. This policy is a scheme that assures customers a secure future. If you invest only 45 rupees per day, you will get a return of 25 lakh rupees at the end of 35 years. It is a plan that offers huge savings through low premiums. Read this report in full to know more about this scheme.

Jeevan Anand policy is basically like a term plan, where the customer has to pay the premium during the policy term. The minimum sum assured in this policy is Tk 1 lakh, but there is no maximum limit. Customers will get multiple benefits at the end of maturity if they pay the premium regularly within the term. For customers to implement this policy, they have to invest Tk 45 per day or Tk 1358 per month and Tk 16,300 per year. A total of 5,70,500 rupees will be accumulated through this regular investment for 35 years. As per the policy period, the basic sum insured will be Tk 5 lakh. However, a revisionary bonus of 8.60 lakh rupees and a final bonus of 11.50 lakh rupees will also be paid at the time of maturity.

LIC's Jeevan Anand policy has special benefits, it offers two types of bonuses. But customers need to remember that this scheme does not have tax exemption benefits. However, four types of rider benefits are available. These riders include Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider. LIC's Jeevan Anand policy includes only death benefit. If the subscriber dies during the term of the policy, the nominee is paid 125 percent of the policy's death benefit. This security plan ensures that the future of the family members is protected. This is an attractive opportunity for investors for whom this scheme is suitable. For those looking for security and good returns on investment, LIC's Jeevan Anand policy can be an ideal choice.