LIC Jeevan Anand Scheme: Invest 45 rupees daily in this amazing scheme of LIC and become rich

LIC Jeevan Anand Scheme: Everyone aspires to set aside a portion of their salary for savings and investments in a secure location where they may grow their money into large sums. Here, the most well-liked savings plans in terms of returns and security are those offered by Life Insurance Corporation of India, the biggest insurance provider in the nation. For individuals of various ages, LIC offers programs that allow you to invest little amounts of money to build up a sizable wealth. The Jeevan Anand Policy from LIC is one such policy that allows you to save only Rs 45 a day and earn Rs 25 lakh. Let’s get all the information about it.

Small Investment, Big Returns

Jeevan Anand Policy might be a great choice for you if you wish to build up a sizable wealth for yourself at a cheap premium. It resembles a term plan in several ways. You are able to pay the premium for the whole term of your coverage. The policyholder in this plan receives many maturity advantages. The minimum amount guaranteed under this LIC program is Rs 1 lakh, with no upper limit.

45 rupees Investment will become 25 lakh rupees

You may deposit up to Rs 25 lakh in the LIC Jeevan Anand Policy by contributing around Rs 1358 per month. You would need to save Rs 45 per day if you look at it that often. These are long-term savings that you will need to make. If you invest for 35 years at a rate of Rs 45 per day under this insurance, you would get a sum of Rs 25 lakh when the program matures. You would have saved around Rs 16,300 a year if you looked at it that way.

You will get a strong benefit from the double bonus

For 35 years, if you invest Rs 16,300 in LIC Jeevan Anand, the total deposit amount would be Rs 5,70,500. As per the policy terms, you would get a revisionary bonus of Rs 8.60 lakh and a final bonus of Rs 11.50 lakh after the maturity period, on top of the base amount insured of Rs 5 lakh. LIC’s Jeevan Anand insurance offers a double bonus, but only if the policy is in effect for 15 years.

Rider-Death Benefit

Under this arrangement, the policyholder who purchases a Life Insurance Corporation of India Jeevan Anand insurance is not eligible for any kind of tax relief. When it comes to its advantages, however, there are four different kinds of riders. These consist of the New Term Insurance Rider, New Critical Benefit Rider, Accident Benefit Rider, and Accidental Death and Disability Rider.

The only addition to this insurance is the death benefit. That is, the nominee will get 125 percent of the policy’s death benefit in the event that the policyholder passes away for whatever cause. In addition, the nominee receives payment equivalent to the period insured if the policyholder passes away before the policy matures.