LIC New Jeevan Anand
A participating endowment plan that uniquely continues whole life cover even after the policy matures, paying maturity benefit to the policyholder plus a death cover for the rest of their life.
Data verified: 15 July 2026
Dual Benefit — Maturity + Lifelong Cover
Receive the full maturity corpus and still retain a basic sum assured as life cover for the rest of your life at zero additional premium.
Reversionary Bonuses
LIC declares simple reversionary bonuses every year, which compound the maturity corpus over the policy term.
Final Additional Bonus
A terminal bonus declared in the year of maturity or claim, rewarding long-term policyholders.
Loan Facility
Borrow up to 90% of the surrender value — a valuable liquidity option for emergencies.
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Quick Facts
Entry Age
18–50 years
Policy Term
15–35 years
Premium Paying Term
Equal to policy term
✓ Last verified 15 Jul 2026
Premium Modes