What is the maximum sum assured limit under the LIC Jeevan Anand Plan?

There is no limit to the maximum sum assured under the LIC Jeevan Anand Plan. However, the minimum sum assured is 1 lakh.

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.

The minimum and maximum entry age of the LIC Jeevan Anand Plan are 18 years and 50 years respectively.

The maximum policy tenure of the LIC Jeevan Anand Plan is 35 years.

Yes, you can get tax benefits with the LIC Jeevan Anand Plan.

Highlights

Here are the parameters that policyholders must be aware of while buying the LIC Jeevan Anand Policy:

Minimum entry age	18 years
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

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.

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What users are saying

What is the maximum sum assured limit under the LIC Jeevan Anand Plan?
There is no limit to the maximum sum assured under the LIC Jeevan Anand Plan. However, the minimum sum assured is 1 lakh.
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.
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.
What is the maximum policy tenure of LIC Jeevan Anand Plan?
The maximum policy tenure of the LIC Jeevan Anand Plan is 35 years.
Can I get tax benefits with the LIC Jeevan Anand Plan?
Yes, you can get tax benefits with the LIC Jeevan Anand Plan.

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corporate.enquiry@licindia.com

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