Professional Documents
Culture Documents
Jeevan Anand is an innovative insurance product from Life Insurance Corporation of India,
which combines the benefits of an Endowment Policy and a Whole Life Policy.
Under this plan you pay premiums for a limited period. During the premium paying period
you are covered to the extent of the sum assured and the bonuses that vest on this
policy. After the premium term is over the sum assured together with accumulated
bonuses and final additional bonus (if any) become payable to you free of any income tax.
The highlight of this plan is that even after the maturity of the policy the coverage on your
life continues for your lifetime to the extent of the sum assured without the payment of
any further premiums.
Maximum Premium
Ceasing Age
Rs. 1,00,000
No Limit
Double Accident
Benefit
Loans
Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com
Sum Proposed
: Rs.500000
: 16 Years
Premium Payable
Basic Premium
: Rs.3144
Rider Premiums
: Rs.0
Total Premium
*
: 41
Step Rate
: Rs. 3144
#
:0
: 33.99%
: 41
: Rs.100000
: Monthly
Insurance Facts
Risk Cover
Age
Normal
Accident
Annual
Premium
Nett
Premium
Returns
From L.I.C.
New Loan
Available
Total Loan
Available
2010
25
520500
1020500
37728
2011
26
541000
1041000
37728
12824
24904
12824
24904
2012
27
561500
1061500
37728
12824
24904
33250
33250
2013
28
582000
2014
29
602500
1082000
37728
12824
24904
28500
61750
1102500
37728
12824
24904
25000
2015
30
86750
623000
1123000
37728
12824
24904
28750
115500
2016
2017
31
643500
1143500
37728
12824
24904
32750
148250
32
664000
1164000
37728
12824
24904
34500
182750
2018
33
684500
1184500
37728
12824
24904
38750
221500
2019
34
705000
1205000
37728
12824
24904
44000
265500
2020
35
725500
1225500
37728
12824
24904
50250
315750
2021
36
746000
1246000
37728
12824
24904
57250
373000
2022
37
766500
1266500
37728
12824
24904
69000
442000
2023
38
787000
1287000
37728
12824
24904
78250
520250
2024
39
827500
1327500
37728
12824
24904
88500
608750
2025
40
858000
1358000
37728
12824
24904
100750
709500
2026
41
500000
1000000
858000
64250
64250
2027
42
500000
1000000
4000
68250
2028
43
500000
1000000
4250
72500
2029
44
500000
1000000
4250
76750
2030
45
500000
1000000
4500
81250
2031
46
500000
1000000
4750
86000
2032
47
500000
1000000
4750
90750
2033
48
500000
1000000
5000
95750
2034
49
500000
1000000
5250
101000
2035
50
500000
1000000
5500
106500
2036
51
500000
1000000
5500
112000
2037
52
500000
1000000
5750
117750
2038
53
500000
1000000
4750
122500
2039
54
500000
1000000
7000
129500
2040
55
500000
1000000
6250
135750
2041
56
500000
1000000
6250
142000
2042
57
500000
1000000
6250
148250
2043
58
500000
1000000
6500
154750
Year
Tax
Saved
2044
59
500000
1000000
6750
161500
2045
60
500000
1000000
6500
168000
2046
61
500000
1000000
7000
175000
2047
62
500000
1000000
6750
181750
2048
63
500000
1000000
7000
188750
2049
64
500000
1000000
7000
195750
2050
65
500000
1000000
7000
202750
2051
66
500000
1000000
7000
209750
2052
67
500000
1000000
7000
216750
2053
68
500000
1000000
7000
223750
2054
69
500000
1000000
7000
230750
2055
70
500000
500000
7000
237750
2056
71
500000
500000
7000
244750
2057
72
500000
500000
7000
251750
2058
73
500000
500000
6750
258500
2059
74
500000
500000
6750
265250
2060
75
500000
500000
6500
271750
2061
76
500000
500000
6500
278250
2062
77
500000
500000
6250
284500
2063
78
500000
500000
6250
290750
2064
79
500000
500000
6250
297000
2065
80
500000
500000
5750
302750
2066
81
500000
500000
5750
308500
2067
82
500000
500000
5750
314250
2068
83
500000
500000
5500
319750
2069
84
500000
500000
5250
325000
2070
85
500000
500000
5000
330000
2071
86
500000
500000
5000
335000
2072
87
500000
500000
4750
339750
2073
88
500000
500000
4500
344250
2074
89
500000
500000
4750
349000
2075
90
500000
500000
4250
353250
2076
91
500000
500000
4500
357750
2077
92
500000
500000
4500
362250
2078
93
500000
500000
4750
367000
2079
94
500000
500000
5750
372750
2080
95
500000
500000
5000
377750
2081
96
500000
500000
9750
387500
2082
97
500000
500000
9500
397000
2083
98
500000
500000
22000
419000
2084
99
500000
500000
2085
100
500000
500000
603648
205184
398464
858000
Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com
Benefits Summary*
Minimum Risk Cover (Normal)
Rs. 520500
Rs. 1020500
Rs. 858000
Rs. 1358000
Rs. 12824
Rs. 603648
Rs. 858000
Rs. 500000
Rs. 500000
1. '*' : - Assuming that LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2010
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.