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LIC’s NEW JEEVAN ANAND PLAN Plan No. 815. LIC’s New Jeevan Anand Plan– Benefits. No change. Modification- ‘Sum Assured on Death' instead of BSA. LIC’s New Jeevan Anand Plan– Benefits. What is Sum Assured on Death? Sum Assured on Death shall be Higher of ~
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LIC’s NEW JEEVAN ANAND PLAN Plan No. 815
LIC’s New JeevanAnand Plan– Benefits No change Modification- ‘Sum Assured on Death' instead of BSA
LIC’s New JeevanAnand Plan– Benefits What is Sum Assured on Death? Sum Assured on Death shall be Higher of ~ 125% of Basic Sum Assured (1.25 x BSA) OR 10 times Annual Premium.(10 x AP). ≈≈≈≈ The death benefit as defined above shall not be less than 105% of total premiums* paid as on the date of death . [*excluding taxes, extra premiums and premiums for riders, if any]
LIC’s New JeevanAnand Plan– Eligibility Conditions and Restrictions MaximumAge at entry reduced. Policy term modified
LIC’s New JeevanAnand Plan– Rebates Rate modified Slab & Rate modified
LIC’s New JeevanAnand Plan– Loan % of loan modified
LIC’s New JeevanAnand Plan– Surrender Value No Change GSV % modified BonusPayable modified
LIC’s New JeevanAnand Plan– Surrender Value No change in SSV