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.
Survival
Benefit:
Sum Assured along with all vested bonuses payable at the end of
the premium paying (Endowment term )
Death Benefit:
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.