LIC is the biggest insurance company in the country. LIC has investment plans for all age groups. If you want to secure your future, there are so many plans that you can invest in. One such plan is LIC Jeevan Anand Policy.
An individual is required to pay a regular premium for a period anywhere between 15 to 35 years. Once the premium paying term is over, the individual receives a lump sum payment along with the accrued bonus as maturity amount.
On death during the policy term, the death benefit, defined as sum of sum assured on death and vested simple reversionary bonuses and final additional bonuses, if any, are payable.