LIC’s Jeevan Anand plan is a combination of Endowment Assurance and Whole Life plans. It provides financial protection in the event of death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival.

LIC’s Jeevan Anand is a with-profit plan and participates in the profits of the Corporation’s life insurance business. LIC’s Jeevan Anand policy gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year for Jeevan Anand . Once declared, they form part of the guaranteed benefits of the plan. Bonuses will be added during the selected term or till death, if it occurs earlier. Final (Additional) Bonus may also be payable provided the policy has run for certain minimum period for LIC’s Jeevan Anand policy.

Benefits in case of death during the selected term for LIC’s Jeevan Anand policy:

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