LIC Jeevan Anand: Earn Big with Small Savings

The Life Insurance Corporation of India (LIC) offers various savings schemes that provide security and substantial returns. One such policy, LIC’s Jeevan Anand, allows you to accumulate ₹25 lakh by saving just ₹45 per day.

In the Jeevan Anand policy, policyholders can build a sizable fund with a low monthly premium. The policy requires a minimum sum assured of ₹1 lakh, with no maximum limit. The premium payment continues throughout the policy term, and it offers multiple maturity benefits.

By depositing approximately ₹1,358 per month (equivalent to ₹45 per day), policyholders can accumulate ₹25 lakh over a 35-year period.

Upon maturity, the policyholder will receive:

• Basic Sum Assured: ₹5 lakh

• Revisionary Bonus: ₹8.60 lakh

• Final Bonus: ₹11.50 lakh

Total Maturity Amount: ₹25 Lakh

Though this policy does not offer tax exemptions, it includes several rider benefits:

• Accidental Death and Disability Rider

• Accident Benefit Rider

• New Term Insurance Rider

• New Critical Benefit Rider

If the policyholder passes away before policy maturity, the nominee receives:

• 125% of the sum assured as a death benefit

• An amount equivalent to the time-assured sum

LIC’s Jeevan Anand policy is an excellent long-term savings option for individuals seeking financial security and high returns. By saving just ₹45 daily, policyholders can accumulate a substantial corpus of ₹25 lakh, ensuring financial stability for themselves and their families.