LIC Jeevan Anurag Plan 2023 Benefits, Feature, Details, Reviews

LIC Jeevan Anurag Plan – LIC Jeevan Anurag Plan is an arrangement planned explicitly to deal with your kid’s schooling needs. In this arrangement, you get a Guaranteed Advantage and Demise Advantage. On death of the Existence Safeguarded, the Aggregate Guaranteed is paid quickly to the chosen one and all future charges are postponed off, however the strategy proceeds. Installment of 20% of the Essential Total Guaranteed toward the beginning of each and every year during last 3 arrangement years before development, and on development the excess 40% of the Aggregate Guaranteed alongside the reward would likewise be paid, regardless of regardless of whether the existence safeguarded is alive.

LIC Jeevan Anurag Plan 2023: The LIC has released a new plan that is focused on providing life insurance products to individuals and families. This plan is designed to help people protect themselves and their loved ones, and it comes with a number of benefits that are worth considering.

LIC Jeevan Anurag Plan 2023

LIC Jeevan Anurag Plan was planned fully intent on giving a strong monetary guide to kids alongside conventional security like some other disaster protection strategy. An individual can settle on the arrangement for themselves. The advantages profited from the arrangement will be paid at prespecified terms independent of regardless of whether the safeguarded endures the approach. In the event of death of the protected, the arrangement makes a prompt installment for the total guaranteed. Sum during the term of the approach.

LIC Jeevan Anurag Plan 2023 is an insurance product that offers comprehensive protection to both individuals and businesses. It covers a wide range of risks, from natural disasters to financial loss. If you’re looking for quality insurance that will help you protect both your personal and financial well-being, LIC Jeevan Anurag Plan 2023 is a great option for you.

LIC Jeevan Anurag Plan

Details LIC Jeevan Anurag Plan 2023

Name Of Article LIC Jeevan Anurag Plan 2023
LIC Jeevan Anurag Plan Click Here
Category Insurance
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Eligibility Criteria for LIC Jeevan Anurag Plan

If you are a resident of India and want to avail LIC Jeevan Anurag, then you are required to meet eligibility criteria. LIC Jeevan Anurag is a health insurance plan that offers comprehensive coverage to eligible individuals. The plan is available to residents of India as well as citizens of countries that are members of the Commonwealth of Nations.

Each protection plan has a qualification models that should be satisfied to profit the arrangement. Given underneath is the qualification rules for LIC Jeevan Anurag Plan.

Minimum age at entry 20 years
Maximum age at entry 60 years
Maximum age at maturity 70 years
Term of the policy Terms from 10 years to 25 years. The base strategy term in the event of single premium mode is 5 years
Minimum sum assured Rs. 50,000
Maximum sum assured There is no limit on the maximum sum assured
Premium payment mode Annual, bi annual, quarterly, monthly.

Key Features of LIC Jeevan Anurag Plan

Looking for a comprehensive health insurance plan that caters to your needs? Look no further than LIC Jeevan Anurag! This plan offers a variety of benefits that will suit a wide range of users, including freelancers, small businesses, and entrepreneurs. Plus, it’s easy to get started – all you need is to provide your personal information and insurance details. So why wait? Contact LIC Jeevan Anurag today and get started on your health insurance plan!

Type Insurance policy designed to provide finance for your child’s educational needs
Plan basis Individual
Policy term The term policy ranges from 10 years to 25 years
Assured benefit 20% of the essential total guaranteed will be paid toward the beginning of each and every year during the most recent three years not long before the development of the arrangement.
Mode of premium payment Annually, bi annually, quarterly, monthly
Free look period 15 days from the date of receipt of the policy
Grace period 15 days for monthly mode and 30 days for all other modes
Guaranteed Surrender value The strategy can be given up after finishing of three years and a reliable acquiescence worth of 30% of expenses under fundamental arrangement will be paid barring the primary year’s charges and extra expenses. .
Lapse of policy The policy will lapse if premiums are not paid in due time
Policy revival A passed strategy can be resuscitated in no less than a long time from the date of first neglected premium

Benefits and Advantages of LIC Jeevan Anurag Plan

Looking to improve your life in many ways? Check out LIC Jeevan Anurag! With this health insurance plan, you can enjoy a range of benefits and advantages, including free access to specialist care, free treatment for critical illnesses, and much more. So what are you waiting for? Compare LIC Jeevan Anurag plans today and see for yourself what this exceptional health insurance plan has to offer!

Recorded underneath are the advantages and benefits of this LIC Kid Plan.

  • Demise Advantage A sum equivalent to aggregate guaranteed will be paid as the passing advantage to the candidate under the arrangement.
  • Guaranteed Advantage 20% of the essential total guaranteed will be paid toward the beginning of each and every year during the most recent three years not long before the development of the arrangement. 40% of the essential total guaranteed will be paid alongside the reversionary reward toward the finish of the term strategy
  • Comfort The arrangement can be bought web-based either through LIC’s true site or through an outsider monetary site.
  • Adaptability The arrangement offers the adaptability of paying charges yearly, half yearly, quarterly and month to month.

Riders for LIC Jeevan Anurag Plan

Given underneath are the extra and discretionary advantage riders one can add to the LIC Jeevan Anurag Plan.

  • Accidental Death and Disability Benefit-Inadvertent demise and incapacity benefit is a discretionary rider presented for the arrangement. The arrangement will be accessible for a sum lesser than the aggregate guaranteed subject to a general front of Rs.25 lakh under every one of the strategies the life guaranteed has selected with the Enterprise.
  • Term Assurance Benefit-The arrangement offers an extra discretionary advantage as term affirmation benefit where in the sum won’t surpass the total guaranteed sum.
  • Critical illness Benefit-Basic Sickness benefit rider will be accessible for a sum lesser than the aggregate guaranteed subject to a general front of Rs.5 lakh under every one of the strategies the life guaranteed has decided on with the Company.

What happens if?

LIC Jeevan Anurag plans are popular among investors and insurance companies alike because of the numerous benefits and advantages they offer. In this article, we will discuss the two main benefits of LIC Jeevan Anurag plans – accidental death cover and hospital cover. We will also provide a detailed explanation of what is covered under each plan, and discuss the different advantages and disadvantages of each.

You stop paying the premium – The strategy will pass if the superior stops. Nonetheless, in the event that no less than 3 years’ exceptional shave been paid, the strategy secures a Settled Up Worth and the gamble cover go on at the diminished Total Guaranteed. The decreased Aggregate Guaranteed and the gathered Reward would be payable on Development or on prior death.

You want to surrender the policy –Give up Worth is paid if expenses for a very long time have been settled up. For normal top notch, the Surefire Give up Worth is 30% of fundamental expenses paid barring the principal year’s premium and the extra premium paid for the rider benefits. In the event of single premium mode, the surefire give up worth will be 90% of the exceptional paid barring all extra expenses and the charges paid for discretionary/rider benefits. The money worth of any current vested extra augmentations will likewise be payable on give up.

You want a loan against your policy –Credit is accessible under this strategy after it gains a settled up esteem however prior to beginning of installment of guaranteed benefits. The current pace of interest is 9% p.a. intensifying half yearly yet it might change every now and then.

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