About LIC’s Jeevan Anand Plan 715

LIC Jeevan Anand Plan 715 is a unique whole life endowment plan that perfectly blends lifelong protection with disciplined savings. Whether you dream of building a financial cushion or ensuring your family’s permanent security, this plan continues to support you—even after the policy matures—by providing ongoing risk cover, making it one of LIC’s most admired solutions.

Why Jeevan Anand Is Trusted by Millions
•    Non-linked, participating plan—so returns are safe and not market-dependent.
•    Earns regular bonuses—policyholders benefit from LIC’s profits.
•    Life cover does not end at maturity—ensures lifelong risk protection.

Key Features & Plan Structure
•    Policy Type: Endowment with whole life risk cover (dual benefit).
•    Who Can Buy: Entry age 18–50 years; maturity age up to 75 years.
•    Policy Term: Choose from 15 to 35 years, as per your life stage and goals.
•    Sum Assured: Minimum Rs. 2,00,000; no maximum ceiling.
•    Premium Payment: Matches your policy term; pay yearly, half-yearly, quarterly, or monthly.
•    Loan Facility: Available after 1 full premium is paid, for quick liquidity if needed.

How Jeevan Anand Plan 715 Works
1.    Start by choosing your coverage and policy term — for example, a young parent might choose a 25-year policy for long-term family security.
2.    Pay premiums as per selected mode—the premiums are affordable and can be aligned with your cash flow.
3.    On Survival (Maturity)

• At the end of the term, you receive:
  • Basic Sum Assured
  • Accumulated simple reversionary bonuses (LIC’s annual profit share)
  • Final additional bonus (if declared)

4.    After Maturity:
o    Life cover continues, making Jeevan Anand a true whole-life plan—your family is covered for your lifetime, without paying further premiums.
5.    On the Policyholder’s Demise:
o    If during policy term: Higher of 125% of Basic Sum Assured or 7X annual premium plus bonuses is paid to nominee.
o    If after policy term: Sum Assured is again paid, even after maturity payout, securing your loved ones twice over.

Benefits in Detail
•    Dual Benefit: Lump sum + lifetime risk cover.
•    Sum Assured on Death: During policy, the higher of 125% of BSA or 7 times annual premium + bonuses, with a minimum of 105% of all premiums paid till date.
•    Tax Benefits: Premium paid eligible for Section 80C and returns under Section 10(10D).
•    Bonuses: Simple reversionary (yearly) and possible final additional bonus (at maturity/claim).
•    Liquidity: Policy loan available for emergencies.
•    Flexible Payout: Choice of receiving maturity as lump sum or in installments (settlement option).
•    Revival & Surrender: Revival possible within 5 years; surrender allowed after 2 years of premiums.

Requirements & Eligibility

What Makes LIC Jeevan Anand Stand Out?
•    Lifelong family protection (even after maturity—rare in insurance).
•    Simple, transparent participation in LIC’s legendary profitability.
•    Low risk, safe growth—ideal for Indian families seeking surety and peace of mind.
•    No upper limit on coverage—suits everyone from young earners to seasoned professionals.
•    Flexibility: Take a policy loan, surrender if emergency strikes, and revive within 5 years if forgotten.

Common Queries Answered
•    Who is it best for? Ideal for salaried, self-employed, parents, and anyone wanting both savings and life-long coverage.
•    Is the payout taxable? Most benefits are exempt (Section 10(10D)), and premiums qualify for 80C deduction.
•    Can I add riders? Yes. Disability and accidental death benefits can be added at nominal cost, increasing security.
•    How do I claim? LIC’s trusted claim settlement, with required documents and NEFT for smooth payouts, ensures families are never left waiting.

How NiveshKaro.com Helps You
•    Instantly matches you to a verified LIC (IRDA-certified) advisor in your city.
•    Explains plan terms in local language, helps compare options, and supports you in each step—from buying to claims.
•    No commissions, zero brokerage—so all your money works for your security.
Action Steps
•    Fill out the quick niveshkaro.com form, and get personalized, unbiased LIC Jeevan Anand proposals, free consultation, and full claim support—all within 24 hours.
•    Secure a plan that not only grows your wealth but also gives your loved ones true, lifelong peace of mind.