The term "Jeevan Anand Policy" can refer to two different life insurance plans offered by the Life Insurance Corporation of India (LIC):

1. LIC's Jeevan Anand (Plan No. 149, UIN :512N206


  • This is the traditional Jeevan Anand plan which has been around for many years.
  • It provides both death benefit and maturity benefit.
  • On death of the life assured during the policy term, the nominee receives the sum assured on death along with vested bonuses.
  • If the life assured survives the policy term, they receive the sum assured on maturity along with vested bonuses.
  • Premiums can be paid yearly, half-yearly, quarterly, monthly or through salary deductions.

2. LIC's New Jeevan Anand (Plan No. 915, UIN No. 512N279V02):

  • This is a newer version of the Jeevan Anand plan with some improved features.
  • The death benefit is higher, being the greater of 125% of the basic sum assured or 7 times the annualized premium.
  • There is also a final additional bonus payable on maturity in addition to the sum assured and vested bonuses.
  • Otherwise, the features are similar to the traditional Jeevan Anand plan.

To give you a more specific answer, I need to know which Jeevan Anand plan you are referring to. You can provide me with the plan number or UIN number, or any other details you have about the policy.

Additionally, if you have any specific questions about the Jeevan Anand policies, such as benefits, premiums, eligibility, or surrender value, please feel free to ask. I'm here to help you understand these plans better.