LIC Jeevan Anand Policy: Invest Rs 76 everyday, earn more than Rs 10 lakh on maturity - Know how

The Life Insurance Corporation of India (LIC) Jeevan Anand policy is dependable and is sure to give the investors large returns. The LIC Policy we are going to tell you about today comes with two different bonuses.

Anyone who is of the age 18 years and above can apply for the scheme and start investing in it. Assured returns on maturity will be offered. The policy provides safety to the holder upon their death and also provides a provision wherein a lumpsum amount will be paid at the end of the policy term in case of the policyholder's survival.

If you invest in the scheme, you are also due to receive a bonus for the same if you continue to invest for 15 years. According to the policy norms, the minimum sum guaranteed in the LIC scheme is Rs 1 Lakh.

LIC Jeevan Anand policy - Important Details 

Maximum age of entry - 50 years 

Minimum Policy Term - 15 years 

Maximum Policy Term - 35 years

Maximum Maturity Age - 75 years 

LIC Jeevan Anand policy - How can you earn more than Rs 10 lakh on maturity?

For starters, you will have to invest an average amount of Rs 76 daily. If you start investing at the age of 24 years and choose the Rs 5 lakh option for this policy then you will need to pay a premium of Rs 26, 815. 

Keeping this calculation in mind, you will have to pay close to Rs 2,281 or Rs 76 a day. Once the policy matures in the next 21 years, and you continue to invest, your total amount will be around Rs 5,63,705. Add this to the bonuses that you will receive and your sum amount will be around Rs 10,33,000 at the time of maturity.