LIC Jeevan Anand 2 Lakh policy

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.

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What is LIC Jeevan Anand 2 Lakh Policy?

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.

Eligibility Criteria of LIC Jeevan Anand 2 Lakh Policy

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

Who Should Buy LIC Jeevan Anand 2 Lakh Policy?

LIC Jeevan Labh is an ideal plan for:

The Individuals who are looking for a budget-friendly life insurance coverage

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.

The individuals with a low source of income

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.

Sample Illustration of LIC Jeevan Anand 2 Lakh Policy

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

How to Buy LIC Plans from Policybazaar?

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.

Summing it up:

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.

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