New Jeevan Anand 915

 

New Jeevan Anand 915

LIC New Jeevan Anand 915 is a gift extra security policy by LIC that offers a remarkable mix of investment funds and insurance. With highlights like deep-rooted inclusion, support in benefits, and a credit office, it guarantees monetary security. Policyholders can pick riders for added benefits

LIC New Jeevan Anand-An Outline

LIC's New Jeevan Anand Plan is a Non-Linked, Partaking, Individual Life Confirmation plan. The arrangement consolidates assurance and investment funds, guaranteeing monetary security for the policyholders all through their lifetime. The arrangement offers twin advantages of full payout on development and proceeded with deep-rooted inclusion from there on.

LIC New Jeevan Anand 915 Arrangement - Key Highlights

The following are the vital elements of LIC Plan 915

•     LIC New Jeevan Anand plan 915 is a taking an interest entire life blessing plan, and that  implies you procure benefits alongside the guaranteed benefits.

•      The arrangement gives a choice of normal premium installment to the protected.

•   On endurance till the finish of the arrangement term, the protection holder is paid the development benefit.

•   The put shrouded in the policyholder's life in danger go on all through his/her life till the age of 100..  This implies that the demise benefit is paid out assuming passing happens  during the strategy term as  well as later.

•     The advantages are paid alongside a reward sum, expanding the existence's last income.

•  Added top-up covers as riders are accessible on installment of an ostensible premium sum.

LIC New Jeevan Anand 915 - Qualification

Criteria Minimum                                                                                Maximum

Entry Age                          18 years                                               50 years

Maturity Age                -                                                                75 years

Policy Term                      15 Years                                               35 years

Aggregate Assured           1 lakh,                                                  No Breaking point

Premium Installment Term                                                          Same as Policy Term

Premium Paying Frequency                                        Annual/Half Yearly/Quarterly/Monthly

LIC New Jeevan Anand 915 Arrangement Advantages

1.  Demise Advantage

 Chosen people can guarantee the accompanying demise benefits if all the due charges have been paid:

If demise happens during the approach residency or before the development date:

125% of the Base Aggregate Guaranteed or multiple times the yearly superior sum whichever is higher at the hour of death.

The last extra reward and basic reversionary rewards are added to this sum. O In the event  of death after the maturity date: Just the fundamental total guaranteed is payable.

2.   Development Advantage

On the off chance that the life guaranteed makes due till the set development date, and has taken care of all due charges, LIC offers the essential aggregate guaranteed to the safeguarded. The relevant rewards will be added to this sum. One can decide to get this sum in a single amount or portions more than 5, 10, or 15 years.

3.  Participation in Profits

 The LIC plan 915 (formerly LIC plan 149) is required to contribute to the profits of the business. In light of the benefits, LIC imparts a rate to the clients of LIC New Jeevan Anand 915 as a basic reversionary reward. A last extra reward may likewise be pronounced in view of the organization's insight during the strategy term. However, they are not guaranteed.

4.  Loan Benefit

The LIC New Jeevan Anand strategy permits the policyholder to benefit of a credit against the approach. After the policy has a surrender value, you can use the loan facility. The maximum loan amount is usually a percentage of the surrender value.

5.  Tax reductions

The LIC New Jeevan Anand strategy offers tax reductions to the safeguarded on the exceptional paid and on the cases got under Areas 80C and 10(10D) of the Personal Assessment Act.

LIC New Jeevan Anand 915 - Extra Arrangement Subtleties

1.  Elegance Period

In the event that the insurance holder defers the installment, he/she is permitted an elegance time of 15 to 30 days. In the event of non-installment of expenses during the effortlessness time frame, the arrangement will pass.

2.  Recovery of Slipped by Strategies

On the off chance that the insurance holder pays every last bit of it in something like a long time from the due date of the main neglected installment, he/she can in any case resuscitate the slipped by LIC New Jeevan Anand Plan. Notwithstanding, it must be finished before the development date.

3.  Free Look Period

 The policyholder has a free 15-day cancellation period during which they can cancel the  plan if they find it not to be appropriate.

4.  Strategy End or Give up Advantage

On finishing two strategy years, the arrangement gets accused of an acquiescence esteem and a settled up esteem. This implies that regardless of whether you quit paying charges following 2 years, you actually get some level of the advantages/expenses back. In any case, assuming you give up the approach anytime after the picked strategy term closes, you will not cause any misfortunes.

Required Archives for Purchasing LIC New Jeevan Anand 915

The archives expected to be safeguarded under LIC New Jeevan Anand:

•     Accurately filled Application structure/Proposition structure

•     Address Verification

•     Age Verification

•     Other KYC archives: Container Card, Aadhaar Card, Duty Subtleties, and so on.

•     A medical history and, as necessary, medical diagnosis reports

Conclusion:

LIC New Jeevan Anand 915 is a comprehensive life insurance policy offered by LIC that combines savings and protection elements. It provides policyholders with lifelong coverage, ensuring financial security throughout their lives. The plan offers benefits such as a maturity payout, death benefit, participation in profits, loan facility, and tax deductions. With a variety of premium payment and policy term options, LIC New Jeevan Anand 915 caters to a wide range of individuals. The inclusion of riders allows policyholders to enhance their coverage further. It's essential for potential policyholders to carefully review the eligibility criteria, benefits, and additional details mentioned in the article. Additionally, the article outlines various periods like the grace period, free look period, and surrender benefits, providing flexibility and options for the policyholders. To purchase the policy, individuals need to submit necessary documents, including a filled application form, address verification, age verification, and other KYC documents. Overall, LIC New Jeevan Anand 915 appears to be a versatile life insurance plan with a focus on lifelong coverage and financial benefits. Prospective buyers should consult with LIC representatives and thoroughly understand the terms and conditions before making a decision.