LIC Jeevan Anand 915: With LIC's Jeevan Anand (Plan 915) policy, you can save up to ₹25 lakh by saving ₹1,400 per month. Learn the full details of maturity benefits, lifetime cover, bonuses, tax exemptions, and loan facilities in simple language.
Save Rs 1400 per month, get Rs 25 lakh on maturity
Today, every common man has two major needs: safe money and good future returns. Amid the stock market, mutual funds, and other schemes, millions of people still rely on one name: the Life Insurance Corporation of India. If you, too, are looking to invest your earnings safely, LIC's "Jeevan Anand" (Plan No. 915) policy is an option that offers the benefits of both insurance and savings.
1400 rupees per month, and a fund of 25 lakh rupees
People often avoid insurance plans because they fear high premiums. However, the unique feature of this plan is that it fits within a typical budget. Let's say a person is 35 years old and takes out a policy with a sum assured of ₹5 lakh for a term of 35 years.
- Annual premium: Around Rs 16,300
- That is approximately Rs 1400 per month.
- Around Rs 45-46 per day
The total accumulated over 35 years will be approximately ₹5.70 lakh. Based on current bonus rates, you could receive approximately ₹25 lakh upon maturity.
This includes:
- Basic sum assured of Rs 5 lakh
- Approximately Rs 8.60 lakh vested Simple Revisionary Bonus
- Final additional bonus of around Rs 11.50 lakh
Please note, bonus rates may change from time to time and this estimate is based on current trends.
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