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LIC New Jeevan Anand Plan- Table no 815: Double benefit Endowment with Whole life plan. In this plan, Sum assured with Bonus will be paid back on maturity. But the policy will continue till the death of the life insured or they complete 100 yrs of age, whichever occurs earlier. A Sum assured will be paid to the nominee when the life insured expires after the policy term. So it provides a risk coverage throughout the life of the insured person.
An Accidental Death Benefit rider is available with some extra cost in this policy till the age of 70 years. Special feature of this plan is High bonus, High liquidity and Savings oriented
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