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New Jeevan Anand (Table-915) Premium Calculator
Effortlessly calculate premiums for New Jeevan Anand (Table-915) policy using our premium calculator. Plan your financial security and determine the ideal coverage for your needs.
Our calculator provides accurate and transparent results, empowering you to make informed decisions. Explore the advantages of New Jeevan Anand (Table-915) and secure your future today. Begin calculating premiums now for a worry-free tomorrow!
Are you considering purchasing LIC’s New Jeevan Anand Plan (Table-915) and wondering how much premium you’ll need to pay? Look no further! In this comprehensive article, we’ll provide you with all the necessary information about the New Jeevan Anand Plan, including how to use the premium calculator, policy features, eligibility criteria, and additional benefits. So, let’s dive right in and explore the world of the New Jeevan Anand Plan (Table-915)!
Understanding the New Jeevan Anand Plan (Table-915)
The New Jeevan Anand Plan (Table-915) is a life insurance policy offered by the Life Insurance Corporation of India (LIC). It provides both insurance coverage and savings benefits to policyholders. Here are some key details about this plan:
- Policy Term: The policy term for New Jeevan Anand Plan (Table-915) ranges from 15 to 35 years.
- Maximum Age at Maturity: The policy matures when the policyholder reaches 75 years of age.
- Maturity Amount: The maturity amount of the policy includes the basic sum assured, accumulated simple reversionary bonus, and final additional bonus. This ensures that policyholders receive a lump sum amount at maturity to fulfill their financial goals.
Premium Calculator: Ease Your Premium Calculation Process
Calculating premiums manually can be complex and time-consuming. However, LIC offers a user-friendly premium calculator specifically designed for the New Jeevan Anand Plan (Table-915). The premium calculator provides an accurate estimation of the premium amount based on various factors, including the policy term, sum assured, and age of the insured.
- Visit Our website or click here- https://licpremiumcalculator.pro/new-jeevan-anand-table-915.
- Locate the New Jeevan Anand Plan (Table-915) premium calculator.
- Enter the required details, such as your age, policy term, and sum assured.
- Click on the “Calculate” button to generate an instant premium quote for your policy.
- The premium calculator will provide you with a breakdown of the premium amount, including any additional riders you may have chosen.
Key Benefits and Features of New Jeevan Anand Plan (Table-915)
The New Jeevan Anand Plan (Table-915) offers several benefits and features to policyholders. Let’s explore them in detail:
- Death Benefit: In the unfortunate event of the policyholder’s death during the policy term, the nominee is entitled to receive the death sum assured, accumulated bonuses, and optional term and accidental rider sum assured. The death sum assured is either 125% of the basic sum assured or 7 times the annualized premium, whichever is higher.
- Maturity Benefit: Upon the policy’s maturity, the policyholder receives the basic sum assured along with accumulated bonuses and final additional bonuses. Additionally, the policy also provides a post-maturity life cover where the nominee receives the basic sum assured in case of the policyholder’s demise after maturity.
- Optional Riders: Policyholders can enhance their coverage by opting for additional riders such as accidental and disability benefit rider, term assurance rider, and accidental benefit rider.
- Surrender and Loan Options: After paying premiums for the first two years, policyholders have the option to surrender the policy or avail of a loan against the policy’s surrender value.
- Tax Benefits: Premiums paid for the New Jeevan Anand Plan (Table-915) are eligible for tax exemption under section 80C of the Income Tax Act. Furthermore, the maturity or death claim proceeds are tax-free under section 10(10D) of the same act.
Understanding User Concerns and Reviews
While the New Jeevan Anand Plan (Table-915) has garnered positive reviews overall, it’s essential to address some common user concerns and queries. Here are a few points to consider:
- Maturity Settlement: Users have inquired about the meaning of maturity settlement. The maturity settlement refers to the amount paid to the policyholder at the maturity of the policy. It consists of the basic sum assured, accumulated bonuses, and final additional bonuses.
- Differences Between Table-914 and Table-915: Users have raised questions regarding the differences between Table-914 and Table-915. However, it’s important to note that the provided information does not specifically mention Table-914. Therefore, for a comprehensive understanding, it’s advisable to refer to the official LIC documentation or reach out to LIC directly.
- Death Benefit of Basic Sum Assured: Users have sought clarity on the death benefit provided by the basic sum assured. As mentioned earlier, the death claim amount during the policy term includes the death sum assured, accumulated bonuses, optional term, and accidental rider sum assured. The death sum assured is either 125% of the basic sum assured or 7 times the annualized premium, whichever is higher.
In conclusion, LIC’s New Jeevan Anand Plan (Table-915) offers a comprehensive life insurance solution with added savings benefits. By utilizing the premium calculator, you can easily estimate the premium amount based on your requirements. The plan’s features, such as death and maturity benefits, optional riders, tax benefits, and surrender/loan options, make it a versatile choice for individuals seeking financial protection and long-term savings.
Before making any decisions, it’s always advisable to consult with LIC representatives or authorized insurance advisors to ensure the plan aligns with your specific needs. Secure your future today with LIC’s New Jeevan Anand Plan (Table-915)!