LIC New Jeevan Anand is a whole life Insurance cover plan available in LIC’sInvestment Plan.Its a Combination of Endowment and Insurance.Its means in this policy life covercontinues till your death.I will explain clearly about this plan below,which is useful to understand about this plan.
Illustration : Suppose Mr X taken a New Jeevan Anand Plan For 25 Years and 20 Lakh policy.
So,after 25 Years Mr X will recieve around 58 Lakh Rs Maturity amount and after Maturity also Insurance Cover of 20 Lakhs Continue till Mr X 100 Birthday.If Mr X died before 100 Years,than Nominee will recieve 20 Lakh Rs.So,this is the major benefit.So,now if you calculate the total benefit In this plan,than Maturity Amount Recieved By Mr X is 58 Lakh Rs and after Death his nominee will recieve 20 Lakh Rs.So,total benefit is 78 Lakh Rs.
So,after 25 Years Mr X will recieve around 58 Lakh Rs Maturity amount and after Maturity also Insurance Cover of 20 Lakhs Continue till Mr X 100 Birthday.If Mr X died before 100 Years,than Nominee will recieve 20 Lakh Rs.So,this is the major benefit.So,now if you calculate the total benefit In this plan,than Maturity Amount Recieved By Mr X is 58 Lakh Rs and after Death his nominee will recieve 20 Lakh Rs.So,total benefit is 78 Lakh Rs.
Also Apart From this Mr X have a Benefit Of Double Accident Cover and Critical Illness RiderIn This Policy Between the Premium Paying Time.
Its Means If something goes wrong with Mr X means Like accidental death in between 25 Years from the date of policy,than Nominee of Mr X will Recieve 40 Lakh Rs irrespective of Premium.
And 2nd Benefit is critical illness rider.In this rider if Mr X disabled due to any reason and he can’t able to work,than his total pending premium is waived off by LIC.But Mr X eligible for maturity after completion of 25 Years.
Its Means If something goes wrong with Mr X means Like accidental death in between 25 Years from the date of policy,than Nominee of Mr X will Recieve 40 Lakh Rs irrespective of Premium.
And 2nd Benefit is critical illness rider.In this rider if Mr X disabled due to any reason and he can’t able to work,than his total pending premium is waived off by LIC.But Mr X eligible for maturity after completion of 25 Years.
So,this plan is really good for Insurance purpose as well as Investment Purpose.Because there is no Company available who will provide Insurance Cover Upto 100 Years with Return.So,Hurry up and don’t missed out this opportunity.For More Details you can visit here : www.thepolicykart.com or Apply Online from here :http://thepolicykart.com/apply.php
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