Jeevan Labh LIC Plan Table No. 836

Jeevan Labh LIC Plan 2016 Table No. 836 benefit, Premium Calculation, New Chart, Policy Review, Loyalti Additions information for LIC Agents and Customers.

New Jeevan Anand LIC Plan Table No. 815 Policy Review, Maturity Benefit, Premium Calculator

New Jeevan Anand LIC Plan is non linked Plan of Life insurance corporation which Offers premium holder dual benefit of Protection and saving. Under this LIC Plan of Jeevan Anand which is table No. 815 provide financial protection to the premium holder against death throughout the lifetime validity. This is the most sold endowment plan of LIC because its provide risk cover even after the maturity up to 100+ year. This plan also provides double accidental benefit to premium holder in case of accidental death up to 70 years of age of holder.

new jeevan anand lic plan

new jeevan anand lic plan

Plan Parameters

Age of Entry 18 to 50 years
Calculate your Age
Premium Paying Mode Yearly, Half Yearly, Quarterly, Monthly (ECS Only)
Policy Term 15 to 35 Years
Basic Sum Assured 100000 and above ( in multiple of 5000)
Policy Revival within 2 year
Rebate 2% on yearly, 1% on Half Yearly, Nil on Quarterly
Loan After 3 years
Surrender After 3 years of full premium payment

Terms and Eligibility Conditions of Jeevan Anand Policy

Entry age
  • Minimum age – 18 years(completed)
  • Maximum age – 50 years(Nearest Birthday)
Policy Term
  • Minimum term – 15 years
  • Maximum term – 35 years
Sum Assured
  • Minimum – Rs.1,00,000
  • maximum – No limit
Premium paying modes
  • Monthly (SSS, ECS), Quarterly, Half yearly, Yearly
Maximum Age of Maturity
  • 75 years(Nearest Birthday)
Maximum Cover Ceasing age
  • 70 years(Nearest Birthday)
Grace Period
  • If the Premium is not paid within the time then a delay of 30 days for Yearly, Half-Yearly and Quarterly modes and 15 days for monthly mode is extended to pay the premium amount which is grace period.

LIC New Jeevan Anand Policy Rebates

Sum Assured Rebates:

Sum Assured Rebate
Rs.1,00,000 to Rs.2,00,000 NIL
Rs.2,00,000 to Rs.4,95,000 For every Rs.1000, Sum assured is Rs.1.50
Rs.5,00,000 to Rs.9,95,000 For every Rs.1000, Sum assured is Rs.2.50
Rs.10,00,000 and above For every Rs.1000, Sum assured is Rs.3.00

LIC New Jeevan Anand Table No. 815 Benefits

Death Benefit: In case of death of the Life Insured,

During the Policy Term: If death of the policy holder during the policy term on that case Nominee will get the Sum Assured amount + accrued Simple Reversionary Bonus amount + Final Additional Bonus amount and policy Will close.

After the Policy Term: If policy holder death after the policy term then nominee will get Only the Basic Sum Assured and Policy will close.

Can I Get Income Tax Benefit On this Policy : Income Tax Benefits are available on this new jeevan anand lic plan Life Insurance Premium and Maturity Benefit which are tax free.

How Can I Buy New Jeevan Anand Table 815 LIC Policy ? Buying Procedure

If you want to buy this New jeevan anand LIC Plan of Table No. 815 then below the is necessary documents.

  • Application form/Proposal form along with photo
  • Address proof
  • Age proof
  • Medical reports(if required)

LIC New Jeevan Anand Policy Premium Calculator

If you want to calculate premium for this new jeevan anand policy kindly given below information and comment box i will send u details soon.


LIC New Jeevan Anand 815 Additional Information

Loan Facility : Under this Policy of Jeevan Anand Loan Facilities are available.
Risk Coverage : Policy holder risk are provided till the end of the policy.

Income Tax Reduction: Available for premiums paid and for Maturity returns.

Service Tax: 3.09% service tax is applicable

Proposal Form : Form no. 300 or 340

Backdating interest: The policy holder can be backdated within the same financial year.

Locking Period: If you are not satisfied with this new jeevan anand lic plan then you may return the policy within 15 days from date of receipt of the policy. If Policy time more then 15 days then you are not eligible for cancelling the policy upto 3 years.

Updated: March 22, 2016 — 6:21 am

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