Investment Basics

Who did not hear the name LIC? It is the name of trust when talking about the insurance and investment plans. LIC has been always the most trusted place for investment amongst the small Indian investors. There are hundreds of financial and investment companies have been launched during last decade, but no one get success to win investor's trust as much as LIC has won. Here I would like to discuss about the most useful investment policy of LIC specially designed to cover education requirement of children and that is Jeevan Anurag.

Special benefits of LIC's Jeevan Anurag Life Insurance Policy are:

• This insurance policy is designed secure the future of your children's educational needs and requirements.
• To secure your children's education future, you do not need to take this LIC's Jeevan Anurag insurance policy in the name of your children actually you can take it in your name as a parents.
• The reimbursement under this policy is very flexible. It is payable as mentioned in the policy documents neglecting whether the policy holder is alive or not at the time of maturity of policy.
• The basic amount can be also reimbursed during the tenure of the Jeevan Anurag policy if the assured person expires in any cash.

Eligibility for LIC's Jeevan Anurag Insurance Policy:

• The age of assured person must be in between the range of 20 to 60 years. Age Limit: 20-60 Years.
• The maximum age for the term of policy is 70 years. Means the assured person can be assured till the age of 70 years.
• Minimum Assured sum at the maturity of this insurance policy is 50,000 Rs. While there is no limit on maximum assured sum, it will be in multiple of 5000 Rs.
• There are four premium modes monthly, quarterly, half yearly and yearly allowed.

Eligibility conditions of LIC's Jeevan Anurag policy term rider:

• Age Limit: 20-50 Years.
• Maturity age limit: 60 Years.
• Minimum sum assured is 1 Lakh and the maximum is 25 Lakh.

Assured Benefits of Jeevan Anurag Policy by LIC.

• 20% of Basic Sum assured at the initiation of terms during last three years at the end of tenure.
• 40 % at the maturity with the closing bonus and waning additional benefits.

In short, Lic's Jeevan Anurag policy is trusted, healthy and is very attractive for investors as it is taking care of your life till death securing the educational needs of your children too.

Visit the ultimate LIC Insurance and investment tips to help you make most of your money from investment at secure and beneficial place.