In today’s era, saving and investing money is an integral part of everyone’s life. Some try to secure their future by investing in the stock market, mutual funds and other sectors. However, most prefer to invest in government schemes that offer security and guaranteed income.
Among such schemes, the ‘Jeevan Anand Policy’ of the Life Insurance Corporation of India (LIC) has a special place.
Through this scheme, if you save just Rs 200 per day, you can get a profit of up to Rs 30 lakh in 30 years. LIC is launching various schemes and policies keeping in mind the needs of its customers. To invest in the LIC Jeevan Anand Policy, your age should be at least 18 years. You can join the Jeevan Policy by investing just Rs 80 per day. If you invest a premium of ₹27,000 every year for 21 years, your total investment amount will be ₹5.60 lakh. At the time of maturity of the policy, the total amount will be about ₹10 lakh. This will convert your daily small savings into a solid financial foundation in the future. In this policy, investors get bonus benefits along with returns. This includes insurance cover of up to Rs 5 lakh and revisional bonus of up to Rs 8.60 lakh. If you invest in a life policy for 15 years, you will get a double bonus.
Investment and Return Calculation
- Annual Premium: ₹27,000
- Daily Investment: Around ₹80 (₹2,300 per month)
- Total Investment Period: 21 Years
- Total Investment Amount: ₹5.60 Lakhs
Other Benefits of Jeevan Anand Insurance Policy
- Life insurance cover is available during the investment period.
- At maturity, more money is available including the investment amount, bonus.
- Financial security and expected income are guaranteed.
- Useful for future goals like retirement, children’s education, house construction etc.
- Thus, by investing ₹27,000 annually, you can get double the benefit along with solid insurance cover in 21 years.