If y'all are finding Benefits for LIC New Jeevan Anand Plans together with then read this article to know to a greater extent than about Jeevan Anand Plans Benefits in india.
Provided all due premiums convey been paid, the next popular off produce goodness shall live on paid:
1. Benefits:
Death produce goodness :
Provided all due premiums convey been paid, the next popular off produce goodness shall live on paid:
On Death during the policy term: Death benefit, defined every bit total of Sum Assured on Death and vested Simple Revisionary Bonuses together with Final Additional bonus, if any, shall live on payable. Where, Sum Assured on Death is defined every bit higher of 125% of Basic Sum Assured or 10 times of annualised premium. This popular off produce goodness shall non live on less than 105% of all the premiums paid every bit on appointment of death.
The premiums mentioned higher upwards exclude service tax, extra premium together with passenger premiums, if any.
On popular off of policyholder at whatever fourth dimension later policy term: Basic Sum Assured
Benefits payable at the goal of Policy Term:
Basic Sum Assured, along amongst vested Simple Revisionary Bonuses together with Final Additional Bonus, if any, shall live on payable inward lump total on survival to the goal of the policy term provided all due premiums convey been paid.
Participation inward Profits :
The policy shall participate inward profits of the Corporation together with shall live on entitled to have Simple Revisionary Bonuses declared every bit per the sense of the Corporation during policy term provided the policy is inward total force.
Final (Additional) Bonus may every bit good live on declared nether the innovation inward the twelvemonth when the policy results into popular off claim during the policy term or due for the survival produce goodness payment provided the policy is inward total forcefulness together with has run for surely minimum term.
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2. Optional Benefit:
LIC’s Accidental Death together with Disability Benefit Rider:
LIC’s Accidental Death together with Disability Benefit Rider is available every bit an optional passenger past times payment of additional premium during the policy term. In example of accidental popular off during the policy term, Accident Benefit Sum Assured volition live on payable every bit lump total along amongst the popular off produce goodness nether the basic plan. In example of accidental permanent disability arising due to accident (within 180 days from the appointment of accident), an amount equal to the Accident Benefit Sum Assured volition live on paid inward equal monthly instalments spread over 10 years together with hereafter premiums for Accident Benefit Sum Assured every bit good every bit premiums for the percentage of Basic Sum Assured which is equal to Accident Benefit Sum Assured nether the policy, shall live on waived.