LIC Jeevan Anand Life Insurance Eligibility
Claim Settlement Ratio | 98.62% |
Customer Care | 8:00 AM to 8:00 PM |
Death Benefit Paid For | 73,3809 Policies |
Inception | 1956 |
Presence | 2048 Branches |
Total Death Benefit Paid | 12797.85 Crore |
Here are the parameters that policyholders must be aware of while buying the LIC Jeevan Anand Policy:
Minimum entry age |
18 years |
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Maximum entry age |
50 years |
Maximum maturity age |
75 years |
Minimum policy tenure |
15 years |
Maximum policy tenure |
35 years |
Minimum sum assured |
1 lakhs |
Maximum sum assured |
No limit |
Premium paying term |
Same as policy term |
Premium paying frequency |
Annual/Half Yearly/ Quarterly/ Monthly |
Key Inclusions and Exclusions of the Plan
What's Not Included
- There are certain exclusions to the LIC Jeevan Anand Plan as listed below: In case the policyholder committed suicide within 12 months of the policy and dies, then there 80% of the premium paid to date is returned to the beneficiary of the policyholder. If the tenure exceeds 12 months, then a greater than 80% of the premium paid is given.
LIC Life Insurance Plan List
Name of Plan | Sum Assured | |
LIC Bima Jyoti | 20 lac - 10 cr | Check Premium |
LIC Jeevan Umang | 20 lac - 10 cr | Check Premium |
LIC SIIP | 20 lac - 10 cr | Check Premium |
LIC Jeevan Labh | 20 lac - 10 cr | Check Premium |
FAQs on LIC Jeevan Anand Health Insurance Plan
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What is the premium paying frequency of the LIC Jeevan Anand plan?
The premium paying frequency of the LIC Jeevan Anand Plan can be done on an annual, half-quarterly, quarterly, or monthly basis.
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What are the minimum and maximum entry age of the LIC Jeevan Anand Plan?
The minimum and maximum entry age of the LIC Jeevan Anand Plan are 18 years and 50 years respectively.
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What is the maximum policy tenure of LIC Jeevan Anand Plan?
The maximum policy tenure of the LIC Jeevan Anand Plan is 35 years.
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Can I get tax benefits with the LIC Jeevan Anand Plan?
Yes, you can get tax benefits with the LIC Jeevan Anand Plan.