iINTRODUCTION

In order to give wider choice to our Customers, we at LICL have pleasure in launching "JEEVAN ANANDA" a with Profit Assurance plan.Basically, the plan is a combination of the whole life plan and the most popular Endowment Assurance Plan. The plan provides the pre-decided Sum Assured and Bonuses at the end of the stipulated premium paying term, but risk cover on the life continues till death. Life is full of dreams. Make these dreams come true through clear cut financial planning and a systematic savings method.

BENEFITS
SURVIVAL BENEFITS
Sum Assured along with all vested bonuses payable at the end of the premium paying (Endowment term )

DEATH BENEFITS
Sum Assured along with vested bonuses payable on death during the premium paying term and policy comes to an end. An amount equal to the sum Assured is payable if death occurs after the premium paying term.

BONUSES
Simple Reversionary Bonus accrues during the premium paying term and is payable at the end of the premium paying term or on earlier death along with final Additional Bonus, if any. No Bonus is paid on death after the premium paying term.

ACCIDENT BENEFITS
The double Accident Benefit is available during the premium paying term and thereafter up to age 70. The premium is a flat Rs. 1/= per thousand sum assured p.a. The maximum Accident Cover available under this plan will be Rs. 2,000,000/= (this limit excludes accident benefit under other plans.)

LOANS
Loans will be granted against the surrender value of the policy after payment of premiums for at least 3 years. Interest on such loans will be fixed by LICL from time to time.