LIC New Jeevan Anand (715)
Endowment plus lifelong cover
Results
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About this plan
Combines an endowment payout at maturity with a whole-life cover that continues even after the policy term ends.
Eligibility
- Entry age: 18 to 50 years
- Policy term: 15 to 35 years
- Minimum sum assured: ₹2,00,000
- Maximum maturity age: 75 years
Benefits
- Maturity: Sum Assured + bonuses + FAB
- Additional Sum Assured payable on death anytime after term
- Riders available at extra premium
Important notes
- GST is charged at 4.5% on first-year premium and 2.25% on renewals; a blended rate is shown here.
- Bonus & FAB values are indicative, based on recently declared rates.
- Grace period of 30 days and free look period of 15 days apply per LIC rules.