Jeevan Anand:

Jeevan Anand is a corporation of a market connected plan as well as a whole life plan.  This is a plan which supplies financial security for the policy holder as long as he lives.  He will be provided with a large sum assured after the policy term is over.

This is a business related plan so it takes part in the gains obtained in the life insurance business.  So accordingly every year bonuses are provided.  These bonuses also are a portion of the guaranteed benefits in this plan.  This plan also provides terminal bonuses after the policy has been working for a certain period.

Benefits of the LIC’s Jeevan Mitra include,
This plan provides the death benefit which states that if the life insured dies, the beneficiary will receive the sum assured as well as the additional bonuses that are applicable to the life insured.

According to the survival benefit of this plan, at the end of the policy term, if the life insured survives up till then, he is eligible to receive the sum assured and all the bonuses that are applicable to him.

If he happens to die after that, an additional sum assured will be paid to his beneficiary.

This plan also has supplementary benefits for which you have to pay additional premiums. You will receive additional protection and benefits by opting for these supplementary benefits.

This plan also provides the accidental benefits which offers an added sum assured if the policy holder dies in an accident and if he below the age of seventy years. 

If the life insured meets with an accident and is permanently disabled, then the sum assured that is eligible to him will be paid in regular intervals.

You are permitted to surrender your policy if you wish to do so after you have completed three full policy years.  On doing so you are eligible to receive the guaranteed surrender value.

LIC’s Jeevan Anand is a policy which secures your life as well as your family against death by providing superior financial security and also helping you to gain from your investment by investing your money in the insurance business.