#Jeevan Anand (plan-149)

[mansigupta-beshak]

How The LIC Jeevan Anand Policy Works?

The Jeevan Anand LIC plan is a combination of endowment and whole life plans. It is a traditional savings plan in which the insurer provides financial protection against death of the insured. The insured can choose the assured amount as well as the term/time period of the plan. The premium payable will depend on these two factors.

This premium can be paid monthly, quarterly, half-yearly, yearly or even chosen to be deducted from salary till the end of the term or till death of the insured.

Let us now discover how the Jeevan Anand (plan-149) works:

The insured chooses the assured sum and the term of the plan that they think is suitable for them. This amount can be 1 lac, 10 lacs or even 20 lacs.

The plan can be explained using the following scenarios:

●      Scenario 1: The insured survives the complete term of the plan- In case the insured survives the complete term of the plan then the insured will get the assured sum on the maturity of the term and the vested bonuses along the years. After the death of the insured, the assured amount will again be paid to the assigned nominee. This is one of the best Jeevan Anand Policy benefits.

●      Scenario 2: The insured dies in the middle of the term of the plan- In such cases, the plan comes to an end and the assured sum along with the bonuses till date are paid to the nominee. Suppose an insured dies in the 15th year of the 25-year term, the plan would immediately come to an end and the assured sum in addition to the bonuses collected till 15 years would be paid to the nominee.

There are many benefits of the LIC Jeevan Anand Policy 15 years plan including:

●      Accidental benefit: In case the insured dies in an accident before the age of 70, the chosen nomine is paid an additional sum of 5 lacs in lump sum. And in case the insured is permanently disabled by an accident, an additional cover is paid in instalments. The insured does not need to pay extra premiums to enjoy these benefits.

●      Maturity benefit: In case the insured survives the term period, the assured sum is paid along with the bonuses. This is one of the Jeevan Anand benefits after maturity.

●      Death benefit: This depends on when the insured dies. If the insured dies within the policy term and if the insured dies after the policy term, in both cases, the assured sum is paid.

You can check how to calculate bonus in LIC on the company website.

Find life policies that are suitable for you only from Beshak.

[healthboutique]

SBI Life Insurance and the Best Insurance Plans in India

Every individual's main concern is the security of himself and his love ones. Mostly, people work hard in able to sufficiently provide their families' needs. However, the everyday necessities are not enough to secure one's health and life in its entirety. This is the reason why people search for reasonable life and health insurance policies to further secure their existence Best Family Health Insurance Plans .

Consequently, there are diverse insurance companies that exist in India. Many of these offer various insurance plans and policies. The SBI Life Smart ULIP is just one of the different life insurance companies in India. The SBI is a mutual business venture between BNP Paribas and State Bank of India. Moreover, the company has established its first health insurance policy which is the 'SBI Life-Group Criti9'. This project is intended for State Bank of India clients who are 18-55 years old. The introduction of the policy indicates a superior health protection plan, rather than the traditional Indian systems. Criti9 ensures on providing its clients the utmost protection against 9 critical illnesses. Major organ transplants, heart attacks, and cancer are inclusive in this particular health plan. In addition, Criti9 offers a minimum of 2-year term, and a 5-year term maximum of policies. Indeed, SBI Life Insurance is one of the finest insurance companies in India.

Accordingly, Jeevan Anand is another insurance company India that offers a lot of life insurance options. Jeevan Anand in fact is an insurance product innovation from LIC of India. It is a mutual venture of benefits between Whole Life Plan and Endowment Assurance. The JE plan no.149 covers financial security against death with a lifetime assurance, along with the lump sum payment on the chosen term. Life Insurance Company Jeevan Anand (LIC Jeevan Anand), features easy and simple policies. Plan holders are provided with certain coverage until his death, event though PPT (Premium Paying Term) has ended. Accident benefits are also available up to the age of 70 years. Furthermore, LIC Jeevan Anand offers limited premium payments, double accident coverage, tax savings, and more other benefits.

[brotill-blog]

LIC Jeevan Anand Plan | Table No. 149 - Details, Benefits & Reviews

LIC Jeevan Anand plan, an individual pays regular premiums for a selected period. Once the premium paying term is complete, the individual receives (maturity benefit) lump sum payment along with the accrued bonus (Simple reversionary+ Final addition).