1. Survival Benefits: If the policyholder survives past the premium paying term, they are eligible for annual survival benefits. These benefits continue until the policyholder reaches the age of 100 or until they are alive, whichever comes earlier. You’ll receive 8% of the Sum Assured annually, ensuring a steady stream of income.
1. Maturity Benefits: The policy matures when the policyholder reaches the age of 100. At maturity, you’ll receive a lump sum payment, which includes the Sum Assured, Simple Reversionary Bonus, and Final Addition Bonus. It’s a celebration of a long and secure life.
2. Death Benefits: In the unfortunate event of the policyholder’s demise during or after the premium paying term (before reaching age 100), their nominee will receive death benefits. This includes the Sum Assured, Simple Reversionary Bonuses, and Final Additional Bonus, providing financial protection for your loved ones.

3. Income Tax Benefits: All premiums paid under this policy are eligible for deductions under Section 80C of the Income Tax Act, 1961. Moreover, the death benefits are exempted from tax under Section 10(10D).
4. Coverage of All Types of Deaths: LIC’s Jeevan Anand covers both natural and accidental deaths, providing comprehensive protection.

5. Optional Riders: You can enhance your coverage by opting for additional riders such as the Accidental and Disability Rider, Accidental Benefit Rider, New Term Assurance Rider, and New Critical Illness Benefit Rider by paying an extra premium.