If you lot are finding Benefits for LIC New Jeevan Anand Plans thence read this article to know to a greater extent than about Jeevan Anand Plans Benefits in india.
Provided all due premiums accept been paid, the next buy the farm produce goodness shall hold upwardly paid:
1. Benefits:
Death produce goodness :
Provided all due premiums accept been paid, the next buy the farm produce goodness shall hold upwardly paid:
On Death during the policy term: Death benefit, defined equally amount of Sum Assured on Death and vested Simple Revisionary Bonuses in addition to Final Additional bonus, if any, shall hold upwardly payable. Where, Sum Assured on Death is defined equally higher of 125% of Basic Sum Assured or 10 times of annualised premium. This buy the farm produce goodness shall non hold upwardly less than 105% of all the premiums paid equally on appointment of death.
The premiums mentioned higher upwardly exclude service tax, extra premium in addition to passenger premiums, if any.
On buy the farm of policyholder at whatever fourth dimension afterwards policy term: Basic Sum Assured
Benefits payable at the destination of Policy Term:
Basic Sum Assured, along amongst vested Simple Revisionary Bonuses in addition to Final Additional Bonus, if any, shall hold upwardly payable inward lump amount on survival to the destination of the policy term provided all due premiums accept been paid.
Participation inward Profits :
The policy shall participate inward profits of the Corporation in addition to shall hold upwardly entitled to have Simple Revisionary Bonuses declared equally per the sense of the Corporation during policy term provided the policy is inward total force.
Final (Additional) Bonus may likewise hold upwardly declared nether the conception inward the twelvemonth when the policy results into buy the farm claim during the policy term or due for the survival produce goodness payment provided the policy is inward total forcefulness in addition to has run for for certain minimum term.
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2. Optional Benefit:
LIC’s Accidental Death in addition to Disability Benefit Rider:
LIC’s Accidental Death in addition to Disability Benefit Rider is available equally an optional passenger yesteryear payment of additional premium during the policy term. In example of accidental buy the farm during the policy term, Accident Benefit Sum Assured volition hold upwardly payable equally lump amount along amongst the buy the farm produce goodness nether the basic plan. In example of accidental permanent disability arising due to accident (within 180 days from the appointment of accident), an amount equal to the Accident Benefit Sum Assured volition hold upwardly paid inward equal monthly instalments spread over 10 years in addition to hereafter premiums for Accident Benefit Sum Assured equally good equally premiums for the percentage of Basic Sum Assured which is equal to Accident Benefit Sum Assured nether the policy, shall hold upwardly waived.
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