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LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of his/her survival.
It also takes care of liquidity needs with the loan facility. The plan is there to provide the needful financial support to the family members in case of the demise of the insured.
Moreover, the plan also comes with the survival benefit wherein if the policyholder survives till the end of the policy term, the plan will give a lump sum amount as a survival benefit.
LIC New Jeevan Anand Plan offers you a range of benefits including:
Minimum Age - 18 years Maximum Age - 50 years
Maximum Maturity Age - 75 years
Minimum term - 15 years Maximum term - 35 years
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Annual, half-yearly, quarterly & monthly
Rs 1 lakh to No limit
Let's understand how the LIC New Jeevan Anand Plan works with a simple premium illustration.
Mr. Verma is looking for a life assurance savings plan that offers him maturity benefits along with participation in profits.
His financial advisor advised him to buy the LIC New Jeevan Anand Plan. He visited PolicyX.com
Let's understand how the LIC Jeevan Lakshya Plan works for him with a premium illustration table.
| Age of policyholder | Policy Term | Basic sum assured | Annual Premiums |
| 30 years | 25 years | Rs 1 lakh | Rs 4,815 |
Here are some features of LIC New Jeevan Anand:
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LIC Jeevan Anand Plan 915 Details
Here is the list of documents required to buy the LIC New Jeevan Anand Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
You can buy the LIC New Jeevan Anand official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of Life Insurance Corporation of India.
Hover over the 'Wealth Creation'.
Click on the 'LIC New Jeevan Anand Plan'.
Click on ‘Buy Online’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the LIC New Jeevan Anand Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
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Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.
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