Jeevan anand policy is a very benificial policy and a very good product from LIC. This policy acts as both a life insurance policy and a term plan. It gives very good returns at the time of maturity. The minimum entry age is 18 years and maximum is age is 50 years. The terms for which one can take policy is minimum 15 years and maximum is 35 years. The minimum basic sum assured amount is 1 lakh and there is no maximum basic assured amount limit. The main feature of the policy is that if you purchase a policy of 5 lakhs for 15 years you will get its benifits in both cases maturity as well as casuality. But with this policy of 5 lakh you will get another 5 lakh risk cover free for lifetime. At the time of maturity if you say that you dont want that lifetime cover than you can get 50% of the risk cover amount at the time of maturity. So in such case a 5 lakh policy turns into a 10 lakh policy with the same premium of a 5 lakh policy. In such way jeevan anand policy acts as both life insurance policy as well as a term insurance policy. Loan facility is also available against the policy after 3 continuous premiums. Guys as an insurance agent I will personally recomend this policy to you. Jeevan anand policy gives best value to your money rush to your nearest branch this is a golden opportunity no one knows for how many days LIC will run this policy.
