LIC Jeevan Anand Scheme: There are many such schemes of LIC which are liked by investors. However, many people are not able to take the policy just because their premium seems very expensive. One such policy is Jeevan Anand. In this, you can collect funds worth lakhs of rupees by investing Rs 45 daily. Know what this scheme is:
New Delhi: Many people invest in Life Insurance Corporation of India (LIC) to create a big fund. By investing in it, if something untoward happens in life, the family gets a lump sum amount which they can use for their living. However, many people stay away from investing in LIC because they feel that its premium is very high. In such a situation, you may like LIC’s policy named Jeevan Anand. The special thing about this policy is that you can create a fund of Rs 25 lakh by investing just Rs 45 daily.
The most special thing about Jeevan Anand policy is that it offers many more benefits. Actually, it is a kind of term policy. Four types of riders are available in this policy. These include Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider. If the policyholder dies due to any reason, then the nominee gets 125 percent death benefit of the policy. Keep in mind here that by investing in this policy, the policyholder does not get the benefit of any kind of tax exemption.
How to create a fund of 25 lakhs from 45 rupees
Suppose your age is 30 years. You have to take this policy of sum assured of 5 lakh rupees. In such a situation, you will have to pay a premium of 1341 rupees per month. This premium will be around 45 rupees per day. You will have to invest in it for 35 years. After 35 years, you will get 25 lakh rupees. In this 25 lakh rupees, 5 lakh rupees will be sum assured, 8.50 lakh rupees will be bonus and about 11.50 lakh rupees will be final additional bonus. In this way, a total of 25 lakh rupees will be available. What other benefits will you get from Jeevan Anand Policy?
In this, the policy holder will get a risk cover of at least Rs 6.25 lakh. This can increase to Rs 30 lakh.
The maturity period in this is 15 years to 35 years. You can choose the maturity period as per your convenience.
Bonus is given twice in this policy, but for this your policy must be for 15 years.
It has a minimum sum assured of Rs 1 lakh. There is no maximum limit.
Investing in this policy does not provide the benefit of income tax exemption.
