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Whole-Life Plans

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LIC Jeevan Anand Plan

LIC's Jeevan Anand Plan has got both the features of an Endowment Plan & a Whole-Life Insurance Plan. This is a with-profit plan and provides financial protection against 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.

Eligibility
Minimum age at entry: 18 years
Maximum age at entry: 65 years
Minimum Term: 5 years
Maximum Term: 7 years
Maximum age at maturity: 75 years
Loan: available against this policy

How does the Plan work?
In case the policy holder dies during the term of the policy, the beneficiary is paid the sum assured & the accrued bonuses after which the policy will terminate.