LIC Jeevan Anand is a combination of the Whole Life Plan and the most popular Endowment Assurance Plan.
The plan provides the pre-decided Sum Assured and Bonuses at the end of the stipulated premium paying term, but the risk cover on the life continues till death. Moderate Premiums, High bonus, high liquidity and Savings oriented policy. Premiums are usually payable for the selected term of years or until death if it occurs during the term period. This policy not only makes provisions for the family of the Life Assured in event of his early death but also assures a lump sum at a desired age.