LIC'sJEEVAN ANAND PLAN

This presentation about one of the most popular LIC plans viz. JEEVAN ANAND. This plan is a combination of Whole Life and End Assurance Plan. Even after the premium paying term is over, risk cover continues till the death of the policy holder. Accident Benefit is available during the premium paying term and thereafter up to age 70 years.
The maximum accident benefit cover available under
this plan is Rs.5 lacs.

1. LIC’s Jeevan AnandPlan –Table 149
By Ravi Kumar,
Financial Advisor
Blue Sapphire Financial Services
Mobile: [phone]
Email : [email protected]
Web : http://www.bsfinancials.com/
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2. Blue Sapphire Financial Services
LIC’s Jeevan AnandPlan –Table 149
This plan is a combination of Whole Life and End
Assurance Plan
Even after the premium paying term is over, risk cover
continues till the death of the policy holder
Accident Benefit is available during the premium
paying term and thereafter up to age 70 years.
The maximum accident benefitcover available under
this plan is Rs.5 lacs.
Option of Critical illness rideris also available under
this plan

3. Blue Sapphire Financial Services
LIC’s Jeevan AnandPlan –Table 149
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# Title Value Comment (if any)
1 Minimumage of entry 18 years completed
2 Maximum age of entry 65 years
3 MaximumPPT Mat. Age 75 years
4 MinimumPrem. Term 5 years
5 MaximumPrem. Term 57 years -
6 Minimum S.A. Rs. 1 lac -
7
Maximum S.A.
No limit -
8 Modes allowed Yly,Hly, Qty /
Monthly
Ylyrebate –3%
Hlyrebate –1.5%

4. Blue Sapphire Financial Services
LIC’s Jeevan AnandPlan –Table 149
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Maturity Benefits: At the end of premium
paying term, S.A. is payable and Final
Additions (if any)
Death Benefits:
◦If death occurs after the premium paying
term an additional amount equal to the
S.A. is payable and NO BONUS is payable
◦If death occurs before the premium
praying term, S.A. plus accumulated Bonus
payable

5. Blue Sapphire Financial Services
LIC’s Jeevan AnandPlan –Table 149
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Case 1:
Mr. Vijay aged 25 years takes a Jeevan Policy for 25 years
for 5 lacs. On maturity, maturity he will get
approximately Rs.10,87,500.However, policy risk
continues till Mr.Vijayis alive.
Case 2:
If Mr. Vijay passes away at the age of 60 years, his
nominee at the age of 60 yrs, his nominee will get
Rs. 5 lacs + 5 lacs = 10 lacs.
Case 3:
If he passes away during the PPT, his nominee will get Rs.5 lacs +
accrued bonustill Mr.Vijay’sdeath.

6. Blue Sapphire Financial Services
LIC’s Jeevan AnandPlan –Table 149
India’s largest Insurance company
Winner of some of the most prestigious
awards such as CNBC Awaaz, Outlook Money,
Golden Peacock, etc.
Total Assets of Rs. 13,17, 416 crores
Life Fund in excess of Rs.11,51,200 crores
More than 53 different products
More than 16 crore policy holders
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7. LIC’s Jeevan AnandPlan –Table 149