LIC – Jeevan Anurag

Jeevan Anurag is a with profit plan which provides for your child’s future educational needs. Parents can avail this policy for their own life. The benefits are paid out at the specified period mentioned by the policy holder.This insurance policy also gives you the benefit of immediate payment amount on the death of the life assured during the term of the policy.

Benefits :
1) You get 20% assured benefit of payments at intervals before maturity and at maturity also you get 40% of the basic sum assured along with other bonuses.
2) You also have death benefit where the family members get an amount equal to the sum assured on the death of the life assured.
3) The insurance plan gives you a grace period of 30 days for payments to be made.
4) You can also avail a loan against this policy.
5) You have an option of also adding riders to your plan and getting extra protection.

Eligibility :

Age at Entry	20 to 60 years (Life Assured)
Age of the Life Assured at maturity	Maximum 70 years (age nearest birthday)
Policy Term	All terms from 10 to 25 years. In case of single premium mode minimum term shall be 5 Years.
Minimum Sum Assured	Rs. 50,000 /-
Maximum Sum assured	No limit. Sum Assured will be in multiples of Rs.5,000 /- only.
Mode of Payment	Yearly, Half-yearly, Quarterly, Monthly or through salary deductions in case of regular premiums.