LIC’s Anmol Jeevan (T-822) is a regular premium paying Term Plan. This plan does not participates in profits of the organisation hence no maturity benefits are there hence only mortality charges are taken as a premium.

Why Anmol Jeevan

  • This plan provides risk cover from as low as 6 Lacs to 24 Lacs.
  • It’s a protection plan which provides financial protection to the policyholder in case of any mishappening.
  • Tax benefit under section 80c is available up to 1, 50,000.
  • Loan and surrender value are not available under this plan as there is no saving element.

Maturity Benefits:

  • On survival to the end of the policy term nothing shall be payable as this is a pure risk plan.

Death Benefits:

  • In case of unfortunate death of the policyholder during the policy term sum assured will be payable to the nominee.

Eligibility Criteria:

Minimum Age to Apply18 Years (Completed)
Maximum Age to Apply55 Years (Nearest Birthday)
Policy Term5 to 25 Years
Maximum Risk Cover Age65 Years(Nearest Birthday)
Premium Paying ModeYearly and Half Yearly
Sum Assured6,00,000- 24,00,000( in multiple of 1,00,000)