Pranavam Financial Services
LIC • LIFE INSURANCE

New Jeevan Anand.
Protection with a long-term savings structure.

LIC's New Jeevan Anand combines life protection with a savings-oriented structure. Always verify the currently available version and policy document before purchase.

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A dedicated plan guide from Pranavam Financial Services
TYPEEndowment
FOCUSProtection + savings
NOTECheck current version

WHY PEOPLE CONSIDER IT

For people who value insurance protection and a disciplined long-term savings structure within the same policy.

Think of this page as the first five minutes of the conversation. The final decision should follow a comparison of your goals, existing cover, affordability, risk and the current policy or scheme documents.

Life protectionProvides life cover subject to policy terms.
Savings elementDesigned to build benefits over the policy term.
Long-term structureCan suit people who prefer disciplined premium commitments.
Loan facilityLIC's published material describes a loan facility subject to the applicable terms.

AT A GLANCE

PlanNew Jeevan Anand
Plan No.915
Launch2020 version
StatusVerify current version

Example scenario

A 35-year-old wants life protection while following a disciplined long-term savings structure.

Key benefits to explore

  • Life protection
  • Savings-oriented policy structure
  • Long-term disciplined premiums
  • Loan facility subject to applicable terms

UNDERSTAND THE LANGUAGE

Key terms explained simply.

You do not need to know the jargon before speaking with us. Here are the terms that matter on this page.

Sum AssuredThe amount of insurance cover specified in a life insurance policy, subject to the policy terms.
PremiumThe amount paid to keep an insurance policy in force, according to its payment schedule.
RiderAn optional insurance benefit that can be added to a base policy for an additional premium, subject to the product terms.
UnderwritingThe insurer's process of assessing risk and deciding applicable terms, premium and eligibility.
View the full financial glossary →

QUESTIONS PEOPLE ASK

Before you decide.

Is it a pure investment?

No. It is a life insurance product with a savings component.

Is the maturity amount guaranteed?

Only benefits specified as guaranteed in the applicable policy terms are guaranteed.

Why compare it with term insurance?

Term insurance and endowment plans solve different problems: protection efficiency versus protection plus savings structure.

PRANAVAM FINANCIAL SERVICES

Let's see if it fits your goal.

Tell us your age, goal, timeline and what you already have. We'll keep the conversation practical and easy to understand.

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Important: This page is for general education and initial comparison. Insurance benefits are subject to the current policy wording, exclusions, waiting periods, underwriting and applicable terms. Mutual funds are market-linked and returns are not guaranteed. Figures marked with * are time-sensitive or scheme/product-specific and should be rechecked against the provider's current documents before publication or purchase.