A widely promoted illustration suggests that investing about ₹45 a day for 35 years could produce ₹25 lakh, but the final amount depends on policy terms and bonuses that are not guaranteed.
LIC’s Jeevan Anand policy has been promoted as a way to build long-term savings while keeping life cover in place, with recent coverage highlighting the idea that disciplined, small daily deposits can eventually add up to a sizeable maturity value. The headline claim is that setting aside about 45 rupees a day could help a policyholder reach a maturity amount of 25 lakh rupees, although that figure depends heavily on the terms chosen and the bonuses declared over time.
According to reporting on the plan, Jeevan Anand is designed for long-term savers who want both insurance protection and a corpus at the end of the policy term. The policy is available for terms of roughly 15 to 35 years and requires regular premium payments throughout the selected period. Coverage articles on the plan say the minimum sum assured starts at 1 lakh rupees, while the upper limit is not fixed in the material cited.
The calculation used in the latest coverage assumes a monthly premium of about 1,358 rupees, or roughly 16,300 rupees a year, for 35 years. Over that period, the total amount paid in would come to about 5.70 lakh rupees. The maturity illustration then adds a basic sum assured of 5 lakh rupees, along with a revisionary bonus of 8.60 lakh rupees and a final bonus of 11.50 lakh rupees, to arrive at the 25 lakh rupee figure.
The plan is also described as offering several riders, including accident-related cover, term insurance cover and critical illness protection. At the same time, the coverage notes that tax relief is not one of the policy’s selling points in the way the product was presented, and that the maturity outcome is not guaranteed for every buyer. Other reporting on LIC’s New Jeevan Anand plan stresses that premiums, bonuses and final benefits vary with age, sum assured, policy term and payment frequency, and advises buyers to check an official benefit illustration before committing.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
