LIC Jeevan Anand 2 Lakh policy offers the combined benefits of savings and protection. The plan provides financial coverage of Rs. 2 Lakh to the family against the death of the policyholder throughout the lifetime of the policyholder.
Jeevan Anand 2 Lakh Policy is a traditional life insurance policy offered by LIC. The plan is designed for those individuals who want to secure the financial future of their loved ones with coverage of Rs. 2 Lakhs and affordable premiums. The LIC New Jeevan Anand allows you to choose the premium payment term as per your own convenience. You can pay your premiums yearly, half-yearly, quarterly, monthly or through salary deductions.
Parameters | Minimum | Maximum |
Entry Age | 18 years | 50 years |
Maturity Age | – | 75 years |
Policy Tenure | 15 years | 35 years |
Sum Assured | Rs. 1,00000 | No Limit |
LIC Jeevan Labh is an ideal plan for:
If you are looking for life insurance that provides coverage without burdening your pocket, then LIC Jeevan Anand 2 Lakh policy is one of the best options for you. The plan provides coverage of 2 Lakhs at affordable premiums.
Those individuals who have a low income but still are worried about their family’s future can buy LIC Jeevan Anand 2 Lakh Policy. The plan will not only provide financial stability to your family but will also not burden your pocket.
Let us take a look at the sample premium illustration of LIC Jeevan Anand policy for a sum assured of Rs. 2 Lakhs with a 20-year policy tenure. Below mentioned are the premium rates for a policyholder in different age groups. Have a look:
Age of the Policyholder | Premium Payment Mode | |||
Annually | Half-yearly | Quarterly | Monthly | |
20 years | 11,412 | 5,766 | 2,913 | 971 |
30 years | 11,986 | 6,056 | 3,060 | 1,020 |
40 years | 12,979 | 6,557 | 3,313 | 1,105 |
Follow the below steps to buy LIC Plans from Policybazaar:
Step 1: Visit LIC of India.
Step 2: Fill in the form with your name and contact number. Click on “view plans”.
Step 3: On the next page, enter your age and the city you live in.
Step 4: Once done, you can customize the amount and tenure of your investment.
Step 5: Crosscheck the details, the premium you need to pay, and proceed to make online payment.
Securing your family’s financial future with affordable premiums with LIC Jeevan Anand 2 Lakh policy is the best option you can opt for your family. The plan offers comprehensive coverage of 2 Lakhs without burdening your pockets and ensuring that your family can continue surviving after your demise. However, in case you outlive the policy tenure, the maturity benefit can be used in the future to fulfill your financial milestones.
LIC Resources
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LIC Investment Plans |
LIC Other Plans |
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
++Returns are 10 years returns of Nifty 100 Index benchmark
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
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