Jeevan Anand Table 149

Note: This plan has been withdrawn by LIC and re-launched as new Jeevan Anand Table 815 with few minor changes.


LIC Jeevan Anand policy is best plan from LIC India. This plan is a solid combination of savings and risk cover. Last several years bonus and guarantee of lifetime risk cover make this plan different from others. This policy has also double benefit of accidental death benefits up to 5 lacs and 70 years of age.
Below are the features if this policy:


  • Lifetime risk cover
  • Double accidental cover (up to 5 Lacs and till 70 years)
  • Income Tax benefits on premium payment under 80 C
  • Income Tax benefit under 10 (10 D) on maturity received
  • Bonus declaration every year
  • Minimum term of 5 years
  • Risk cover continues even after maturity payment
  • pay premium yearly, half-yearly, quarterly, monthly
  • Loan available after 3 years of premium payment
  • Guaranteed surrender value after 3 years premium payment
  • Start with SUM assured of just 1 Lac Rupees
Lets have a detailed look at benefits:

Death Benefits:

Jeevan Anand offers life time risk cover and double accidental death benefits. In case of death during the selected term under table 149 will be basic SUM assured and vested bonuses in lump sum.
In case of death after selected term nominee will receive an amount equal to one basic sum assured.
In case of death due to accident till 70 years, nominee will receive double of basic SUM assured (subject up to 5 Lacs SUM assured).

Maturity Benefits:

Maturity received at the end of selected term will be SUM assured + vested bonus. vested bonus will be depending upon corporation business profit. LIC India declared every year bonus per unit. Same can be calculated one unit on each 1000 of SUM assured.
Related Topic: How to Calculate Jeevan Anand plan 815 Bonus


Surrender Value:

Jeevan Anand policy promises guaranteed surrender value of 30% of total premium paid excluding first year premium and extra premium. Policy should be at least in force for 3 or more years.

Tax Benefits:

Premium paid in table 149 is income tax excepted under 80 C and maturity amount received under section 10 (10D).

Other Benefits:

Other than the benefits listed above, you can avail loan against Jeevan Anand policy. Extra benefits can be taken with additional premium payment. Premium can be paid Yearly, Half Yearly, Quarterly, Monthly.
With Life Insurance policy from LIC, candidates are available with bonus benefits. In this regard, this plan is considered as profit plan which offer you bonus such as simple Reversionary Bonuses and Final (Additional) Bonus for the limited amount of period. Thus, ensure for collecting useful advantages from this policy for sure.

10 comments:

  1. Dear sir,
    Thanks for your Details .But I Want to Know Loan available after 3 years of premium payment it's ok but Maximum How much Percentage % of amount it will come on loan amount?

    ReplyDelete
  2. The LIC (International) , which has assets worth more
    than USD 1 billion and a customer base of approximately 100,000 ,
    was given a licence to offer insurance
    products
    to all residents of
    Bahrain in 2007. So,LIC is a trustworthy company
    and
    it launches many of best plan like,New Jeevan Anand Plan is one of
    them and also provides premium and maturity calculator
    for get a exact value.


    ReplyDelete
  3. My taken this policy in 2008 and presently 3 premiums are left to pay.I request to clarify whether the policy is better to continue or surrender.

    ReplyDelete
  4. Your Collection & Post is very nice...................


    best jeevan anand policy

    ReplyDelete
  5. Thanks for Sharing Information.
    LIC New Jeevan Anand Policy is one of the best products of Life Insurance Corporation (LIC). Basically this plan is a unique combination of a Whole Life Plan and Endowment Assurance Plan.

    ReplyDelete
  6. Thanks for Sharing Information.
    LIC's New Cash Back Plan-20 years are a partaking non-interfaced plan which offers an appealing consolidation of security against death all through the term of the plan alongside.

    ReplyDelete
  7. I have a Jeeva anand(with profit) policy with sum assured Rs100000 for 10 years.What wiil be my maturity value?

    ReplyDelete
  8. Lic me monthly 2625 jama karenge 18 saal tak to kitna pesa milega

    ReplyDelete
  9. Sir mene policy 2012 me li thi 21 term premium meri policy kab matioure hogi muge pase kab milenge

    ReplyDelete