LIC New Jeevan Anand
Calculator Pro
An endowment plan that continues to provide life cover even after maturity, ensuring lifelong protection. Use our LIC Calculator below to get instant premium and maturity estimates for 2026.
LIC New Jeevan Anand Tool
Plan No. 915 • 2026 Rates
Key Features of
LIC New Jeevan Anand
Double Benefit: Get maturity money AND keep life cover for life.
Participating Plan: Earn Simple Reversionary Bonuses.
Accidental Cover: Inbuilt accidental death benefit rider.
Multiple Terms: Choose any term from 15 to 35 years.
Eligibility Criteria
Why choose LIC New Jeevan Anand?
Maturity Benefit
Sum Assured + Vested Simple Reversionary Bonuses + Final Additional Bonus.
Death Benefit
Sum Assured on Death (125% of Basic SA) + Vested Bonuses + Life Cover continues after maturity.
Tax Savings
Standard tax benefits under 80C and 10(10D).
Example Calculation
Let's see how LIC New Jeevan Anand works for a 30-year old individual choosing a Sum Assured of ₹5,00,000 for 25 years.
Annual Premium
₹23,450 (Approx)
Total Premium Paid
₹3,75,200
Accrued Bonus
₹5,25,000
Total Maturity
₹10,50,000*
*Values are estimates based on current bonus rates and vary by plan details.
Plan Advantages
- Guaranteed returns in some variants
- High life cover with low premiums
- Tax benefits under 80C and 10(10D)
- Loan facility for emergencies
Things to Consider
- -Long lock-in period for maximum returns
- -Lower liquidity compared to mutual funds
- -Early surrender may lead to losses
- -Returns depend on LIC's yearly performance
Frequently Asked Questions
What is the minimum age for LIC New Jeevan Anand?
The minimum age to enter LIC New Jeevan Anand is 18 Years.
Can I take a loan against this policy?
Yes, you can take a loan after 2 years of premium payment.
Is the maturity amount tax-free?
Yes, maturity is generally tax-free under Section 10(10D) if premiums are within limits.
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