Jeevan Anand is a With Profit Assurance Plan. It is a combination
of the Whole Life Plan and the most popular Endowment Assurance
Plan. The plan provides the pre-decided Sum Assured and Bonuses
at the end of the stipulated premium paying term, but the risk
cover on the life continues till death.
Premiums are usually payable for the selected term of years or
until death if it occurs during the term period.
This policy not only makes provisions for the family of the Life
Assured in event of his early death but also assures a lump sum
at a desired age. The lump sum can be reinvested to provide an
annuity during the remainder of his life or in any other way considered
suitable at that time.
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