INSUBCONTINENT EXCLUSIVE:
LIC's New Jeevan Anand policy plans can be purchased by any individual between the age of 18 and 50.Life Insurance Corporation of India
(LIC), the country's largest life insurance company, also offers endowment plans among its various insurance products
LIC's one such endowment product is LIC New Jeevan Anand Policy
An endowment plan works in a slightly different manner compared with a term life insurance plan
An endowment insurance policy offers both investment and insurance benefits, whereas a term insurance policy only matures in the event of
death of the insured and hence offers only insurance benefit, according to experts.Who can subscriber LIC's New Jeevan Anand policy plans
can be purchased by any individual between the age of 18 and 50 for minimum sum assured of Rs 1 lakh and there is no maximum limit for sum
Shanti Policy: Premium, Pension And Other Details HerePremium amount: The premium for the New LIC Jeevan Anand policy can be paid regularly
at yearly, half-yearly, quarterly or monthly intervals over the policy term.Here are some sample premium rates (exclusive of service tax)
policy also offers variable returns based on the future financial performance of Life Insurance Corporation
There are two scenarios for variable returns under which the LIC pays return on investment at 4 per cent and 8 per cent per annum.The
premium paid for the LIC's New Jeevan Anand Policy plan also qualifies for tax rebate under Section 80C of the Income Tax Act.Get the
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