New Jeevan Anand Plan No 815 31

LIC Launches New Jeevan Anand Plan  (Table No 815)

  • A  Policy may be revived within a period of 2 years from the date of first unpaid premium.
  • Accident Benefit as a rider.
  • Taxes, if any, shall be applicable at the prevailing rates and borne by the policyholder as per rules.

Maturity Benefit -Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any

Death Benefit

During the policy term – ‘Sum  Assured on Death’ along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any.

After expiry of policy term – Basic Sum Assured

What is Sum Assured on Death?

Sum  Assured on Death shall be Higher of ~ 125% of Basic Sum Assured (1.25 x BSA) OR 10 times Annual Premium.(10 x AP).

The death benefit  as defined above shall not be less than 105% of total premiums* paid as on the date of death .

[*excluding taxes, extra premiums and premiums for riders, if any]

Eligibility Conditions and Restrictions

  • Age at entry – 18 to 50 years
  • Age at Maturity – Maximum 75 Years
  • Policy Term – 15 to 35 years
  • Premium mode – Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS)
  • Basic Sum Assured – 100000 and above ( In multiples of 5000)

Loan – Available after payment of 3 full years premiums.

The maximum amount of loan that can be granted as a percentage of Surrender Value shall  depend on the Policy Term, as given in the table below.

Foreclosure action shall not be taken under fully paid-up and inforce  policies even if there is a default of loan interest.

Policy Term Upto 23 24 to 27 28 to 31 32 to 35
% for inforce policies 90% 80% 70% 60%
% for Paid-up policies 80% 70% 60% 50%

Guaranteed Surrender Value (GSV) –Available after payment of 3 full years premiums.

GSV shall be a percentage of total premiums paid (net of taxes) excluding extra premium, if any and premium paid for riders,if opted for.

Examples of GSV factors applicable for total  premiums paid

Policy Year ~ GSV factor

3   =   30%

5   =   50%

t -1  =   80% (t=Policy Term)

GSV factor applicable to vested bonus,if any. Examples of Vested bonus factors –

Year of SV Policy Term Factor

3                  15                  17.66%

19                 25                  20.85%

29                 30                  30%

Special Surrender Value (SSV) –Surrender Value shall be  the discounted  value of the Paid-up Sum Assured and vested simple reversionary bonuses.

The discount factors shall be Special surrender value factors as provided in Table-1A and 2A(Whole life) of the Special Surrender Value Booklet and will depend upon the policy term and duration elapsed since the commencement of the policy.

Surrender Value payable – The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable.

Compare old Jeevan Anand Plan No 149 to New Jeevan Anand Plan No 815

31 thoughts on “New Jeevan Anand Plan No 815

  1. Reply Anitha.A Jan 4,2014 11:28 AM

    i like jeevan Anand more

  2. Reply prakash_dongale@ymail.com Jan 15,2014 12:50 PM

    How will be FAB for this Policy?

  3. Reply Manish Raghav Feb 5,2014 12:12 PM

    I am a LIC agent in LIC of India Delhi

  4. Reply Jeevan Saral, Feb 6,2014 4:07 PM

    the most attractive policy is JEEVAN SARAL. Easy to explain,people want to buy this policy. Really it is very good policy

    Please louche this policy.

  5. Reply Mohit Feb 18,2014 11:47 AM

    New Jeevan anand is not good

  6. Reply Mohit Feb 18,2014 11:48 AM

    is there any bonus increment in new jeevan anand ? please reply on my email id mohitchhatwalca@rediffmail.com

  7. Reply kcbhagat Apr 3,2014 11:15 AM

    my policy jeevan anand ,sa 150000, prem 19482 yrly table 149/10 kindkly mail me retuns in totality

  8. Reply Jagadish May 6,2014 10:56 AM

    i have a Jeevan Anand Policy 149,sum assured is 80 lakhs, i have to pay 120000(1 lakh twenty Thousand) per year. i have paid for 1 and half year and stopped. Could someone please tell me if i can get my money back.

  9. Reply NARESH Jul 28,2014 9:43 AM

    contact me 8146166309

  10. Reply lic new jeevan anand 815 Jul 29,2014 9:57 AM

    what is the bonus rate declared by lic new jeevan anand table no 815 for the financial year 2013-2014

  11. Reply minakshi Sep 6,2014 2:54 AM

    hello

    i wolud like to know more abt lic plan no 815 7 also
    i want to know the wht are the lic plans for child who is 4 year old

    thank you

    • Reply Soham Oct 22,2016 5:46 AM

      Hello Minakshi …
      I am Soham LIC Advisor.
      Plan 815 is a very good plan.
      Let me explain it to you by giving an example.
      policy holder must be within the age of 18 to 50 yrs.
      Let Sum Assured be 10,00,000 and time period be 20 yrs
      So at the time of maturity you will get minimum 1970000
      and there after risk cover will be there without payment till 0 yrs of life. If there is any kind of misshaping within the extra age time i.e after maturity nominee will get 10,00,000 more. as compensation.

      risk cover will be as follows.
      Natural death – 12,50,000
      Accidental death – 20,00,000.

      and for children who are less than 8 years old there are 2 plans for them.
      Table Number 834
      Table Number 832

      If you are interested do let me know I’ll contact you.
      My email id is – sohamkapoor02@gmail.com

  12. Reply ashish Nov 24,2014 11:36 AM

    i take jeevan anand 815 plan. my premium was 7000 h/y,please send detail of my policy return and benefits.

  13. Reply Kavitha Jan 13,2015 6:18 AM

    I need some detail for Ur side. I m put 815 jeevan anand policy. Amt 200000. 16yr duration. How much I ll be get after end policy date

  14. Reply uday Jan 13,2015 7:17 PM

    I have taken jeevan anand 815 plan and my premium is 28620 for yearly for 20yrs, can any one please send detail of my policy return and benefits to my mail id sanjay15524@gmail.com.

  15. Reply Sayyed Jugnoo Jan 17,2015 11:38 AM

    i take new jeevan anand 815 plan. my premium was 3271 h/y,21 years please send detail of my policy return and benefits.

  16. Reply I take jeevan anand 815 plan. my premium was 6500 h/y, please send detail of my policy return and benefits. Jan 24,2015 8:07 AM

  17. Reply peter Jan 28,2015 11:18 AM

    Hi

    Is there any DP & FAB in New jeevan anand policy please explain pickelin@gmail.com

  18. Reply deepak Mar 2,2015 8:10 AM

    Jeevan Saral,

    the most attractive policy is JEEVAN SARAL. Easy to explain,people want to buy this policy. Really it is very good policy

    Please louche this policy.

  19. Reply frfrrt Mar 11,2015 8:27 AM

    admin pl send full details of new jeewan anand (T No 815) . my email – sidhubrar971@gmail.com

  20. Reply sidhu Mar 11,2015 8:44 AM

    policy jeewan anand(T No 815) premium 7171 half yearly , duration 20 yr , how much amount return after 20 years/ compilation of policy.

  21. Reply kumar anurag Mar 18,2015 6:28 AM

    Some LIC agent says to me for New Jeevan Abadan table 815.
    Pls provide me a guide line regarding the same.
    Other wise suggest me the good LIC policy in my age scales. Age 26, wants SA-2l…
    7503565955

  22. Reply nav May 16,2015 12:29 PM

    sabse ghatiya plans lic ke paas hi hai.mail lekar phass chuka hoon

  23. Reply aayushi Aug 20,2015 3:33 PM

    hy
    i m lic agent

  24. Reply ashok nakade Nov 23,2015 10:36 AM

    i want help lic plans ….

    please call me …
    +91 7775 810 143

  25. Reply Durgesh Agarwal Jan 14,2016 11:50 AM

    I have bought a LIC New Jeevan Anand POlicy (Table no.815) of Sum Assured 10 Lakh. My age is 26 years and policy if for 25 years. Agent has asked me to pay Rs. 44235 yearly premium for 1st year. Please mail me the complete benefits of this policy including maturity amount and death benefits during policy and after policy. Also mention amount due to accidental death and natural death.

    My Id is durgesh.agarwal6@gmail.com

  26. Reply mamtabalani Jan 16,2016 5:52 PM

    LIC always bring good plans for the people to invest. I like this LIC Jeevan Anand policy. I will very soon going to invest in this plan. Thanks a ton for sharing useful info.

  27. Reply Rahul N Paraskar Jul 16,2016 10:04 AM

    have bought a LIC New Jeevan Anand POlicy (Table no.815) of Sum Assured 5 Lakh. My age is 24 years and policy if for 20 years. Agent has asked me to pay Rs.29213 yearly premium for 1st year. Please mail me the complete benefits of this policy including maturity amount and death benefits during policy and after policy. Also mention amount due to accidental death and natural death.
    My Email id is. rahulparaskar2892@Gmail.com

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