LIC Jeevan Anand: A Comprehensive Guide
LIC Jeevan Anand: A Comprehensive Guide LIC (Life Insurance Corporation of India) offers various insurance plans to meet the financial and security needs of individuals. One of its most popular plans is LIC Jeevan Anand , which combines the benefits of endowment and whole life insurance . This article provides an in-depth overview of LIC Jeevan Anand, its benefits, eligibility criteria, and why it could be a good choice for policyholders. What is LIC Jeevan Anand? LIC Jeevan Anand is a non-linked, participating life insurance plan that provides the dual benefit of savings and life cover . The plan offers a lump sum payout at the end of the policy term and continues life cover for the insured even after the maturity period, ensuring long-term financial security. Key Features of LIC Jeevan Anand Dual Benefit : Provides both maturity benefits and lifetime risk cover . Maturity Benefit : Sum assured is paid along with bonuses when the policy term ends. Life Coverage After M...