LIC Jeevan Anand Policy: LIC’s ‘Jeevan Anand Policy’ works like a type of term policy. In this, you have to invest regularly for as long as you want to keep the policy in force. Usually the tenure is 35 years.
In the era of inflation, saving is necessary to fulfill your needs. Along with saving, investing it in a good investment plan is a smart decision. This gives you safe money for the future. When it comes to safe and secure investment with better returns, the name of Life Insurance Corporation of India (LIC) comes first. If you are looking for a policy or investment plan in which a fund of lakhs is created in less time, then you can choose LIC’s “Jeevan Anand Policy”.
Policy Terms
To invest in this policy, you have to invest regularly for at least 15 years. After the completion of the policy period, you get both bonuses, which make your returns even more attractive.
You will have to invest Rs 45 daily
LIC’s ‘Jeevan Anand Policy’ not only gives you insurance security, but also ensures your long term savings. In this policy, you have to invest only Rs 45 every day. If calculated for the month, the investment amount is Rs 1,358. With this, you can create a fund of up to Rs 25 lakh, which can secure your future.
Tenure of the policy?
LIC’s ‘Jeevan Anand Policy’ works like a type of term policy. In this, you have to invest regularly for as long as you want to keep the policy running. Usually the tenure is 35 years.
LIC’s ‘Jeevan Anand Policy’ works like a type of term policy. In this, you have to invest regularly for as long as you want to keep the policy running. Usually the tenure is 35 years.
How much will have to be invested?
Under this policy, a minimum sum assured of Rs 1 lakh is available, while there is no limit on the maximum amount. For example, if a person invests Rs 1,358 every month, he can create a fund of up to Rs 25 lakh in 35 years.
How to create Rs 25 lakh
Under this policy, if you invest Rs 45 every day i.e. Rs 1,358 per month, then you can get a fund of Rs 25 lakh after 35 years. During this time, you will invest a total of Rs 5,70,500, while at the time of maturity of the policy, you will get a return of Rs 25 lakh. Out of this, Rs 5 lakh will be in the form of basic sum assured and the remaining Rs 11.50 lakh will be given as bonus.
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