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Whole Life

New Jeevan Anand

Endowment + lifelong cover after maturity

Maturity payout at end of termLife cover continues after maturity — lifelongBonus + FAB

One of LIC's most loved plans — endowment savings during term, and life cover continues even after maturity till death.

Eligibility

  • Entry age: 18 – 50 years
  • Term: 15 – 35 years

Benefits

  • Maturity: SA + SRB + FAB
  • Post-maturity: SA payable on death

Premium Modes

  • Yearly
  • Half-yearly
  • Quarterly
  • Monthly

Claim Process

  • Standard process

Documents Required

  • Policy bond
  • KYC

Loan & Tax

Loan: Yes, after 2 years.

Tax: 80C + 10(10D).

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