LIC Jeevan Anand is a unique participating, non-linked endowment plan that combines savings and life insurance.
It offers a lump sum payout at the end of the policy term and continues providing life cover even after maturity without any further premium payments.
Ideal for those who want both financial security and lifelong protection.
Key Features
Dual benefit of savings and lifetime protection.
Lump sum payout at the end of the policy term.
Continued life cover after maturity — lifelong protection.
Participation in LIC’s profit through bonuses.
Loan facility available after 3 years.
Tax benefits under Section 80C and Section 10(10D).
Benefits
Who Should Consider Jeevan Labh?
Death Benefit
Sum Assured + Bonuses paid to the nominee during the policy term. After maturity, lifetime coverage continues for natural death without paying any extra premium.
Maturity Benefit
Receive Sum Assured + Accrued Bonuses on surviving the policy term — a lump sum for future needs.