LIC New Jeevan Anand 915
Maturity Calculator
LIC New Jeevan Anand 915 Maturity Calculator is a premium and maturity Calculator. To calculate premium and maturity values, enter the required details, such as sum assured, age, and policy term, to get the desired result.
LIC New Jeevan Anand Plan Summery
LIC’s New Jeevan Anand - Eligibility
- Min. Policy Term:Â 15 years.
- Max. Policy Term:Â 35 years.
- Min. Basic Sum Assured:Â Rs. 1,00,000/-
- Max. Basic Sum Assured:Â No Limit.
- Min. Entry Age:Â 18 years.
- Max. Entry Age:Â 50 years.
- Maximum Age at Maturity:Â 75 years.
- Premium Payment Options:Â Yearly, Half-yearly, Quarterly & Monthly.
- Accidental Death & Disability Benefit Rider: Available on payment of extra premium.
LIC’s New Jeevan Anand - Benefits
- On Death: Sum Assured, where sum assured on death:
     125% of Basic Sum Assured or 7 times of Annualized Premium, whichever is higher.
- On Survival: Sum Assured + Bonus + Final Additional Bonus (FAB) if any.
- Surrendered Value: The Policy can be surrendered after completion of minimum of two full years of premiums been paid.
- Loan: Loan Facility is available only after payment of premiums for at least two years.
- Income Tax Benefit: Premium paid under this plan is eligible for TAX rebate under section 80c. and maturity benefits is free under Sec 10(10D).