Hello friends.LIc new jeevan anand poicy is much better then other policy.It is best for tax puroposes. you can also take loan from such policy for future purpose at lowest rate of interest.example of jeevan anand poicy
Plan: Jeevan Anand - 815
Age : 22
Term : 25
D.A.B. : 500000
Death Sum Assured : 625000
Basic Sum Assured : 500000
1st year Premium With TAX 3.75% :
Yearly : 21946 ( 21153 + 793)
Halfly : 11090 ( 10689 + 401)
Quarterly : 5603 ( 5400 + 203)
Monthly( ECS) : 1868 ( 1800 + 68)
YLY Mode Average Prem/Day : 60
After 1st year Premium With TAX 1.875% :
Yearly : 21550 ( 21153 + 397)
Halfly : 10889 ( 10689 + 200)
Quarterly : 5501 ( 5400 + 101)
Monthly( ECS) : 1834 ( 1800 + 34)
YLY Mode Average Prem/Day : 59
Approximate Return at Maturity Time :
S.A. : 500000
Bonus : 612500
F.A.B. : 225000
Total Approximate Return at Maturity Time : 1337500
+
Life time Rs.500000 risk cover.
