Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

LIC'sJEEVAN ANAND PLAN

392 views

Published on

This presentation about one of the most popular LIC plans viz. JEEVAN ANAND. This plan is a combination of Whole Life and End Assurance Plan. Even after the premium paying term is over, risk cover continues till the death of the policy holder. Accident Benefit is available during the premium paying term and thereafter up to age 70 years.
The maximum accident benefit cover available under
this plan is Rs.5 lacs.

  • Be the first to comment

  • Be the first to like this

LIC'sJEEVAN ANAND PLAN

  1. 1. LIC’s Jeevan Anand Plan – Table 149 By Ravi Kumar, Financial Advisor Blue Sapphire Financial Services Mobile: 9900113820 / 9900253820 Email : ravi.kumar@bsfinancials.com Web : http://www.bsfinancials.com/ FB : www.facebook.com/bluesapphirefs
  2. 2. LIC’s Jeevan Anand Plan – Table 149      This plan is a combination of Whole Life and End Assurance Plan Even after the premium paying term is over, risk cover continues till the death of the policy holder Accident Benefit is available during the premium paying term and thereafter up to age 70 years. The maximum accident benefit cover available under this plan is Rs.5 lacs. Option of Critical illness rider is also available under this plan Blue Sapphire Financial Services
  3. 3. LIC’s Jeevan Anand Plan – Table 149 # Title Value Comment (if any) 1 Minimum age of entry 18 years completed 2 Maximum age of entry 65 years 3 Maximum PPT Mat. Age 75 years 4 Minimum Prem. Term 5 years 5 Maximum Prem. Term 57 years - 6 Minimum S.A. Rs. 1 lac - No limit - Yly, Hly, Qty / Monthly Yly rebate – 3% Hly rebate – 1.5% 7 8 Maximum S.A. Modes allowed Blue Sapphire Financial Services 3
  4. 4. LIC’s Jeevan Anand Plan – Table 149   Maturity Benefits: At the end of premium paying term, S.A. is payable and Final Additions (if any) Death Benefits: ◦ If death occurs after the premium paying term an additional amount equal to the S.A. is payable and NO BONUS is payable ◦ If death occurs before the premium praying term, S.A. plus accumulated Bonus payable Blue Sapphire Financial Services 4
  5. 5. LIC’s Jeevan Anand Plan – Table 149 Case 1: Mr. Vijay aged 25 years takes a Jeevan Policy for 25 years for 5 lacs. On maturity, maturity he will get approximately Rs.10,87,500. However, policy risk continues till Mr.Vijay is alive. Case 2: If Mr. Vijay passes away at the age of 60 years, his nominee at the age of 60 yrs, his nominee will get Rs. 5 lacs + 5 lacs = 10 lacs. Case 3: If he passes away during the PPT, his nominee will get Rs.5 lacs + accrued bonus till Mr.Vijay’s death. Blue Sapphire Financial Services 5
  6. 6. LIC’s Jeevan Anand Plan – Table 149   India’s largest Insurance company Winner of some of the most prestigious awards such as CNBC Awaaz, Outlook Money, Golden Peacock, etc.  Total Assets of Rs. 13,17, 416 crores  Life Fund in excess of Rs.11,51,200 crores  More than 53 different products  More than 16 crore policy holders Blue Sapphire Financial Services 6
  7. 7. LIC’s Jeevan Anand Plan – Table 149

×