If you lot are finding Benefits for LIC New Jeevan Anand Plans in addition to thence read this article to know to a greater extent than about Jeevan Anand Plans Benefits in india.
Provided all due premiums accept been paid, the next exceed create goodness shall locomote paid:
1. Benefits:
Death create goodness :
Provided all due premiums accept been paid, the next exceed create goodness shall locomote paid:
On Death during the policy term: Death benefit, defined equally amount of Sum Assured on Death and vested Simple Revisionary Bonuses in addition to Final Additional bonus, if any, shall locomote payable. Where, Sum Assured on Death is defined equally higher of 125% of Basic Sum Assured or 10 times of annualised premium. This exceed create goodness shall non locomote less than 105% of all the premiums paid equally on engagement of death.
The premiums mentioned higher upwardly exclude service tax, extra premium in addition to passenger premiums, if any.
On exceed of policyholder at whatever fourth dimension subsequently policy term: Basic Sum Assured
Benefits payable at the terminate of Policy Term:
Basic Sum Assured, along amongst vested Simple Revisionary Bonuses in addition to Final Additional Bonus, if any, shall locomote payable inward lump amount on survival to the terminate of the policy term provided all due premiums accept been paid.
Participation inward Profits :
The policy shall participate inward profits of the Corporation in addition to shall locomote entitled to have Simple Revisionary Bonuses declared equally per the sense of the Corporation during policy term provided the policy is inward total force.
Final (Additional) Bonus may likewise locomote declared nether the excogitation inward the twelvemonth when the policy results into exceed claim during the policy term or due for the survival create goodness payment provided the policy is inward total strength in addition to has run for for certain minimum term.
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2. Optional Benefit:
LIC’s Accidental Death in addition to Disability Benefit Rider:
LIC’s Accidental Death in addition to Disability Benefit Rider is available equally an optional passenger past times payment of additional premium during the policy term. In representative of accidental exceed during the policy term, Accident Benefit Sum Assured volition locomote payable equally lump amount along amongst the exceed create goodness nether the basic plan. In representative of accidental permanent disability arising due to accident (within 180 days from the engagement of accident), an amount equal to the Accident Benefit Sum Assured volition locomote paid inward equal monthly instalments spread over 10 years in addition to futurity premiums for Accident Benefit Sum Assured equally good equally premiums for the share of Basic Sum Assured which is equal to Accident Benefit Sum Assured nether the policy, shall locomote waived.
