Contents
- 1 LIC New Jeevan Anand Policy Review
- 2 Terms and Eligibility Conditions of Jeevan Anand Policy
- 3 LIC New Jeevan Anand Policy Rebates
- 4 LIC New Jeevan Anand 815 Benefits
- 5 New Jeevan Anand Lic policy Buying Procedure
- 6 Claim Procedure of LIC New Jeevan Anand policy
- 7 LIC New Jeevan Anand Policy Premium Calculator
- 8 Additional Information of LIC New Jeevan Anand 815
- 9 Example of LIC New Jeevan Anand Plan 815
- 10 FAQ’s of LIC New Jeevan Anand Policy
- 11 Related Lic Endowment Plans
LIC New Jeevan Anand Policy Review
LIC New Jeevan Anand Policy 815 is a combination of endowment and whole life policy. New Jeevan Anand LIC Policy provides insurance cover for entire life of the insured person. It is a pure investment plan with high bonus facility and liquidity facility incorporated and saving point. LIC New Jeevan Anand 815 Policy is a Double Death Benefit Plan if the life insured survives till the end of the policy term. LIC Jeevan Anand Policy is whole life risk coverage even after maturity and full payout at maturity (Basic Sum Assured + Bonus).
Lic Jeevan Anand Policy benefits, conditions, rebates and New Jeevan Anand 815 premium chart is given below. Also you can calculate the maturity and death benefits using LIC New Jeevan Anand Maturity Calculator and Premium Calculator.
Terms and Eligibility Conditions of Jeevan Anand Policy
| Entry age |
|
| Policy Term |
|
| Sum Assured |
|
| Premium paying modes |
|
| Maximum Age of Maturity |
|
| Maximum Cover Ceasing age |
|
| Grace Period |
|
LIC New Jeevan Anand Policy Rebates
Sum Assured Rebates:
| Sum Assured | Rebate |
| Rs.1,00,000 to Rs.2,00,000 | NIL |
| Rs.2,00,000 to Rs.4,95,000 | For every Rs.1000, Sum assured is Rs.1.50 |
| Rs.5,00,000 to Rs.9,95,000 | For every Rs.1000, Sum assured is Rs.2.50 |
| Rs.10,00,000 and above | For every Rs.1000, Sum assured is Rs.3.00 |
Mode Rebate:
| Mode | Percentage |
| Yearly | Table premium 2% |
| Half yearly | Table Premium 1% |
LIC New Jeevan Anand 815 Benefits
Death Benefit: In case of death of the Life Insured,
- During the Policy Term: Nominee will get the Sum Assured + accrued Simple Reversionary Bonus + Final Additional Bonus and policy Will close.
- After the Policy Term: Only the Basic Sum Assured is paid and Policy will close.
Maturity Benefit: If Policy holder Survive till the end of Term, he will get basic Sum Assured + accrued Simple Reversion Bonus + Final Additional Bonus as LIC New Jeevan Anand maturity amount and the policy will continues rest of his life.
Income Tax Benefit: Income Tax Benefits are available on Paid Life Insurance Premium and Maturity Benefit will also be tax free.
New Jeevan Anand Lic policy Buying Procedure
Required documents to buy for fresh policy of LIC New Jeevan Anand Policy are
- Application form/Proposal form along with photo
- Address proof
- Age proof
- Medical reports(if required)
Claim Procedure of LIC New Jeevan Anand policy
The documents required for claim procedure under New Jeevan Anand LIC Policy are given below
- NEFT form
- Discharge form
- Cancel check or Bank Pass book xerox
- Policy bond
- Death certificate
LIC New Jeevan Anand Policy Premium Calculator
The required data for calculating the premium rates in LIC Jeevan Anand Policy using Lic new jeevan anand 815 premium and maturity calculator are,
- NAME :
- E-MAIL ID :
- MOBILE NUMBER :
- AGE :
- TERM :
- SUM ASSURED :
Additional Information of LIC New Jeevan Anand 815
Loan facility: Loan facilities are available under LIC New Jeevan Anand Policy
Risk coverage: Risk coverage will be provided till the end of term policy.
Locking Period: If you are not satisfied with this policy you may return the policy within 15 days from date of receipt of the policy. After 15 days you are not eligible for cancelling the policy upto 3 years.
Riders: Riders are available under this LIC Jeevan Anand policy. Availability of Accidental Death and Disability Benefit rider.
House Loan Surety: House loan surety is available under this LIC New Jeevan Anand policy.
Suicide clause: If the policy holder commits suicide for any of the reasons within 12 months of date of commencement of risk or from date of revival, then 80% of premium for what he had paid will be returned to his assignees or nominees
Date of Commencement of Risk: In case of children whose age is less than 8 years risk commencement starts either from 2 years of taking the policy or from achieving 8 years old which is earlier.
Income Tax Reduction: Available for premiums paid and for Maturity returns.
Policy Revival: If the premium is not paid by you within the grace period then the policy will lapse. If you are interested to continue this policy then you can revive your policy on or before 2 years from date of first Unpaid premium.
Proposal Forms: Proposal Form no. 300 or 340 will be used under this LIC Jeevan Anand policy.
Service Tax: 3.09% service tax is applicable. For more Information refer www.taxqueries.in
Cooling Off Period: If you are not satisfied with this policy term you may return the policy within 15 days from the date of receipt of the policy.
Backdating interest: The policy can be backdated within the same financial year.
Assignments/Nominations: Assignees and nominees are possible under this LIC New Jeevan Anand plan.
Paid up value: Basic Sum Assured x (number of premiums paid / number of premiums payable).
Surrender Value: This policy can be surrendered at any time. However, if you surrender it before completion of three years, you will not get any sum in return. On surrendering after three policy years, the insurance company will pay a guaranteed surrender value equal to 30% of all premiums paid after deducting the first year’s premium.
Policy Stamping: Under, LIC New Jeevan Anand policy stamping charges will be 20 paise per thousand sum assured.
Sum Assured on Death: It means 125% of Basic sum assured or 10 times Annual Premium whichever is higher that amount will be paid to nominee.Death benefit paid should be more than 105% of total premiums paid as on the date of death.
Example: Suppose if Prakash had taken New Jeevan Anand Policy for Rs.10,00,000 for 21 years policy term. If in case he dies in the middle of the policy term then he will be paid 125% of Basic Sum Assured or 10 times of annual Premium whichever is higher i.e.
Basic Sum Assured is 125% of Basic Sum Assured= 10,00,000 x (125/100) =12,50,000
If Prakash paid Premium of 1,00,000 for 10 years then
10 times of of annual Premium is= 10 x 1,00,000=Rs.10,00,000
Now,Nominee gets higher amount as death benefit which is 12,50,000 higher than 10 lakhs.
Example of LIC New Jeevan Anand Plan 815
Suppose Chandrashekar has taken LIC New Jeevan Anand Policy the following details are as follows
Age : 25 years
Sum Assured : 25,00,000
Policy Term : 30 years
Now, Chandrashekar is going to pay premium with and without tax at different modes are tabulated below:
| Premium | Without Tax | Tax | With Tax |
| Yearly | 85160 | 2631 | 87791 |
| Half-Yearly | 42120 | 1302 | 44370 |
| Quarterly | 21750 | 672 | 22422 |
| Monthly | 7250 | 224 | 7474 |
After paying premiums the maturity and Life long insurance coverage benefits are given below
| Maturity Benefit | 88,50,000 |
| Life long insurance coverage benefits | 25,00,000 |
FAQ’s of LIC New Jeevan Anand Policy
What happens if you stop paying premium?
If you stop paying the premiums after paying first years premium in full, the policy acquires a Paid Up Value for a Reduced Sum Assured.
Is there any loan facility in this policy?
Yes, Loan facility is available under this LIC Jeevan Anand policy.
Is House Loan surety is available in this plan?
Yes, House loan surety is available.
For more details please go through the given below official link,
Click here for Lic New Jeevan Anand Plan
Related Lic Endowment Plans
LIC Single premium Endowment Policy
pl send each year payment and policy
good
In new jeevan an and 815 policy 16 yr policy after commencement how much the nominee will get
Clear your doubt / query about Lic plan and policy….in GURGAON and delhi……NCR….
भारतीय जीवन बीमा निगम.
Manoj Sharma
Lic Life Insurance Advicer
mnjshrm638@gmail.com
9911335083.
If a lic jeevan anand plan no.815 policy holder commit suicite after 12 months of commissemnet,what benefit provide by lic
hi my mom age is 55 year can we buy jeevan anand policy?
kya new jeevan anand policy ke bond me niche ka date rahna jaruri hei.
jo date stamp date jaisa rahta hei.
pls reaply.
jo date stamp date jaisa rahta hei.
end page me,branch manager ke signature ke oposit me jo rahta hei.
left side me end of page.
pls Rp[y.
premium
Clear your doubt / query about Lic plan and policy….in GURGAON and delhi……NCR….
भारतीय जीवन बीमा निगम.
Manoj Sharma
Lic Life Insurance Advicer
mnjshrm638@gmail.com
9911335083.
hi
Dear sir
I have join in New jeevan ananad policy from dt.01/05/2011 & pay quarterly amt.3033 & policy term 15 yrs.
please reply for maturity amt after end of policy term .
Thanks
Me 36 sal ka hu muje 5 lakh ka sum assured policy chahiye new jeevan anand,,,to muje yearly kitna priemeim bharna hogga,,tearm 15 sal ka muturity kitna milega
LIC LIFE INESURANCE ADVICER
Nayanaba gohil
mobail no. 09377147014
Can usa person living with HIV AIDS apply for Jeevan Anand Policy. And what if he applies without declaring his HIV stat
hi sir
Clear your doubt / query about Lic plan and policy….in GURGAON and delhi……NCR….
भारतीय जीवन बीमा निगम.
Manoj Sharma
mnjshrm638@gmail.com
9911335083..
my Lic policy ditail
Respected manager new jeevan anand …..dear sir i want to close my lic because of urgent problem
LIC OF INDIA
Any doubt or enquiry pls call us:-09891271313
Iam THOMAS.V.V. having policy no 452557137 dated 28.03 2004(JEEVANANAND) informed you that i am retaired from my serivce from 30th nov.2014. I requested the l.i.c.to transfer my policy to kottayam kerala (CODENO:784) several times.All the document are already submitted. But till date the policy is not transfer. My premium is pending from november 2014.So kindly take an immediate action to transfer the policy.
Contact for LIC plan and poliy. (Delhi/NCR/Gurgaon/Noida)
Life Insurance Corporation of India
Rajeev Kumar
call/whatsapp: +91-9811689181
NO COMMENT
Hi,
Please advise tax benefit on jeevan anand policy.
My mother having a policy jeevan anand and I m the nominee in the policy. I m paying the perium yearly . Do i will get tax benefit against the policy.
क्या न्यू जीवन आनंद 815 आनलाइन भी उपलब्ध है
Hi,
GOOD AFTERNOON,
i am recentely took a policy of jeevan aanandh worth of 4,00,000 on quartly base (premimum).
please explain the benifits of this policy
I want to know my policy status no. Is 484181596
PZE Send if i have taken one policy of Rs. 100000/- Under New Jeevan Anand Plan Table 815. After 15 years i will receive Rs. 250000/- as maturity amount . then i will receive 80% of Sum Assured after surrender bond paper.
Please to clear my doubt/ confusion about it
Lic is lifetime ,
if i will pay 15000 par yrs for 20yrs than wht will be the benefit
Sir meri age 29 New jeevan anand monthly Pr. 3704 Rs year 25 Maturity amount kitna hoga
Age – 25
Priemum yarly – 27000
Time – 21 year
So tell me what amount recived by lic plan and its benfits
I suggest to all , please don’t invest in LIC,
You can Invest in Gold / House / Land / Property, but don’t select LIC to saving,
If you calculate , you will get idea, LIC Broker & LIC is only beneficial, not public who are invest.
I questioned to Broker before taken the policy,
If I discontinued due to financial problems, then how much amt will I get , and broker said, 85-90% amt will get after 3 yrs , if you surrender, But Now I see , only 30% value of premium paid, will receive after 3 yrs.
I want to entry my name in LIC potal
lic advisor @ Hyderabad – PH : 9010129796
Please guide me as i want to close one of my LIC account of new jeevan anand policy.
Please guide me as I am in need of money for my family support.
Thanks and regards
Shukla
My friend takes two Jeevan Saral policy. But he stops to give premium one of them. May i restart his stop policy and transfer it to my name. Is it possible ?
Pl clear if term 16 & prem paid only 10yrs.what will get at 16.
MERI AGE 33 HAI MAINE JEEVAN ANAND POLICY LI HAI 21YEAR KE PER PREMIUM 14596INR HAI PER TABLE MAI 13563INR DIKHA RAHA HAI WHY PLS TELL ME
Dear Brothers,Sisters,Friends,
This Policy is More Useful to all Class People to Make Protection and Savings in Great Future.So we are all take his New Jeevan Anand Policy with full security in Your Life.
im stay in AFRICA – UGANDA ,MY NATIONALITY INDIAN CAN I PAALAY??
lic details
Hi
kya new jeevan anand policy ke bond me niche ka date rahna jaruri hei.
jo date stamp date jaisa rahta hei.
pls reaply.
jo date stamp date jaisa rahta hei.
end page me,branch manager ke signature ke oposit me jo rahta hei.
left side me end of page.
pls Rp[y.
I have 11 policies & dey will be matured consequently after 25 years,26 years……..35 years & the maximum premium of policy is 2349 then 2248,2156……..
My age is 29 years…
What amount i will get after 25 years
26 years………35 years…
Mere ko aesa policy chahiye jinda bhi risk cover mile,,,& marneke bad bhi jyada risk cover mile aesa policy chahiye.
In new jeevan an and 815 policy 16 yr policy after commencement how much the nominee will get
HELLO SIR MY NAME IS SHILPA CP I WAS PURCHASED ON 2015-5-12, LIC NEW JEEVAN ANAND LIFE POLICY 815, I REQUIRED FULL DETAILS OF 500000 HALF YEAR PREMIUM AMOUNT MY 27 YEARS
After maturity what will be happen for rest of the life of candidate? what kind of life long insurance coverage benefits LIC india will give hime for rest of the life? It will be cash payment or any other thing?
Hi, This is Deena from Chennai. Any one want poicy details / planning to take policy in around Tamil Nadu please / Send sms / whats up 9944273217. / call 9884946099
required for the new jeevan ananad policy
Is good for every one
Iam new to jeevan anand how to apply for a car loan and what are the steps
hi i am sarabjeet singh my age is 25 i want full detail in money back plan 841
my premium is 9734
Hi, This is Virendra Rathore from Jaipur. Any one want poicy details / planning to take policy in around Rajasthan/Haryana states, please call 8094002717
plz l i c consult devdutt sharma9599454094