The LIC New Jeevan Anand Plan is a popular life insurance policy offered by the Life Insurance Corporation of India (LIC), one of the largest and most trusted insurance providers in India. This plan is a combination of both insurance and savings, offering financial protection to the policyholder and their family along with an opportunity for wealth accumulation.
The plan offers financial protection in case of death of the insured and also provides a lumpsum amount in case of survival at the end of the term policy. It is one of the most sold endowment plans from Life Insurance Corporation.
Minimum age at entry | 18 years |
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Maximum age at entry | 50 years |
Minimum sum assured | Rs.10,00,000 |
Maximum sum assured | No Limit |
Minimum policy term | 15 years |
Maximum policy term | 35 years |
Maximum maturity age | 75 years |