Planning is essential to rise to a higher level in life and live a trouble-free future. The main point of it is to save the rest of the income for the needs. If these savings are converted into investments, there is an opportunity to increase returns in the long run. You can live comfortably with the salary you get from doing business and job while you are old.
Everyone worries about what will be the situation after retirement and how will the money meet the expenses. But if you live a planned life you will not have any financial problems. If you save Rs.45 every day in Jeevan Anand policy in LIC, you can get Rs.25 lakh after 35 years. It means life insurance with small savings. Jeevan Anand policy at Life Insurance Corporation of India (LIC) offers many benefits.
Life Endowment Plan. This means that the insurance coverage continues even after the premium expires. Its premium is very low. Common people can also pay very easily. It is enough to pay only Rs.45 per day. After 35 years there is a chance to get 25 lakh rupees. This money gives us financial security after retirement. Can live peacefully. The Jeevan Anand policy has bonus, death benefits as well as accidental death and disability rider. Policy premium can be paid very easily. Also there is an option to surrender after two years. In case of unfortunate death of the policyholder, the family will get an insurance of Rs.5 lakh. In case of permanent disability in an accident, the sum insured will be distributed in installments.
Jeevan Anand Policy Benefits
- Jeevan Anand policy comes with many benefits. Provides sum assured with additional bonuses.
- Ensuring that the policy remains active throughout the term ensures that all maturity benefits are reaped.
- The policyholders pay the sum assured to the nominee at the time of death.
- Lifetime protection is available. Provides lifetime financial security to the insured.
- Provides a lump sum at the end of the selected term period.
- The minimum age to take the policy should be 18 years and the maximum age should be below 50 years.
- By paying a premium of Rs.1,358 every month (Rs.45 per day) you can get Rs.25 lakh in 35 years.
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