LIC Jeevan Anand Plan 2024 is one of the most popular life insurance policies offered by India’s top insurance provider, Life Insurance Corporation (LIC). This plan is designed for everyone, from modest-income individuals to those looking for long-term savings options. Imagine accumulating a whopping ₹25 lakh by investing just ₹45 a day. Intrigued? Let’s dive in and explore how this plan can be a game-changer for your financial future!
How Does the LIC Jeevan Anand Plan Work?
In this plan, you’re required to invest ₹1,358 per month, which boils down to only ₹45 daily. Over time, this small but steady investment grows into a substantial fund. When the policy matures, you’ll receive a return of ₹25 lakh! LIC Jeevan Anand is ideal for those who wish to start small and build a significant savings fund without feeling a pinch.
Investment Period and Flexibility
The LIC Jeevan Anand Plan is flexible, allowing policy terms ranging from 15 to 35 years. If you choose the full 35-year term, your daily ₹45 investment yields ₹25 lakh upon maturity. This long-term savings option is ideal for those planning for retirement or other major life goals. With consistent savings, even someone with a modest income can secure a large fund for the future.
Benefits of LIC Jeevan Anand Plan
The LIC Jeevan Anand Plan isn’t just about savings; it also provides extensive insurance coverage:
- Accidental Death and Disability Rider: Offers coverage in case of accidental death or disability.
- Additional Riders: Options like the Accident Benefit Rider, New Term Insurance, and New Critical Benefit Rider add extra protection.
- Death Benefit: In case of the policyholder’s unfortunate passing, the nominee receives 125% of the sum assured.
Why Choose LIC Jeevan Anand?
This plan is a comprehensive financial tool, providing both savings and insurance coverage, which is perfect for long-term security. Whether you’re new to investing or a seasoned saver, LIC Jeevan Anand offers a risk-free way to grow your wealth while ensuring peace of mind for you and your loved ones.
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