Independent LIC Advisor Platform — not affiliated with, endorsed by, or an official website of Life Insurance Corporation of India.

+91 98205 73233

LIC's New Jeevan Anand

Maturity payout with cover that never ends

Pays the maturity amount at the end of the chosen term, yet the risk cover continues for the rest of your life at no further premium.

Who it suits: Buyers who want a maturity corpus and a lifelong legacy in the same policy.

  • Endowment
  • Maturity payout with cover that never ends
  • Maturity Benefit

LIC plan reference: 915

LIC LIC's New Jeevan Anand endowment plans illustration

Eligibility at a glance

Entry age
18 to 50 years
Maturity age
Up to 75 years (plan dependent)
Sum assured
₹1,00,000 and above
Policy term
15 to 35 years
Premium modes
Yearly, half-yearly, quarterly, monthly (NACH) and salary savings scheme

Key benefits

  • Sum assured plus bonuses at maturity
  • Life cover continues after maturity for the whole of life
  • Additional sum assured payable on death even after maturity
  • Riders available for accident and disability

Estimate your LIC's New Jeevan Anand premium and maturity value

LIC Premium & Maturity Calculator

Estimates from publicly published LIC rate tables. Not a quotation.

Yearly premium
₹28,884
First instalment
₹28,884
Renewal instalment
₹28,884
Total outgo over the term
₹6,06,564
Estimated maturity value
₹10,53,500
Indicative surrender value (mid-term)
₹1,24,820
Get an exact LIC quotation

Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.

Want an exact LIC illustration?

Your estimate is ready. For an official quotation and a suitability discussion on LIC's New Jeevan Anand:

This plan may not be ideal if…

  • You need the maximum possible life cover for the lowest premium — a term assurance plan does that better.
  • You may need the money back within the first few years; early surrender values are low.
  • You expect market-linked returns; participating LIC returns are steadier but more modest.
  • Your income is irregular and you cannot commit to the full premium paying term.

Frequently asked questions

Get advice on LIC's New Jeevan Anand

Send your age and budget and you will get an official LIC quotation plus an honest view on whether this plan is the right fit.

5th Floor, Jeevan Prakash Building, Sir P.M. Road, Fort, Mumbai - 400001, Maharashtra · Mon–Fri, 10:00 AM – 6:00 PM · IRDAI Agent Licence No. LIC03699923

You may also like

LIC Single Premium Endowment Plan — One-time payment, guaranteed maturityPlan 917

Single Premium Endowment Plan

One-time payment, guaranteed maturity

  • Single premium — no renewal reminders to track
  • Sum assured plus vested simple reversionary bonus and final additional bonus at maturity
  • Loan facility available after three months
  • Life cover from day one for the whole term
LIC LIC's Jeevan Lakshya — Keeps the family's plan on trackPlan 933

LIC's Jeevan Lakshya

Keeps the family's plan on track

  • Annual income benefit of 10% of sum assured to the family after a claim
  • All future premiums waived on death
  • Full sum assured plus bonuses still paid at maturity
  • Premium paying term is three years less than the policy term
LIC LIC's Jeevan Labh — Short paying term, long coverPlan 936

LIC's Jeevan Labh

Short paying term, long cover

  • Premium paying term shorter than the policy term
  • Sum assured with reversionary and final additional bonus at maturity
  • Death benefit of sum assured plus bonuses
  • Rider options including premium waiver for minors

This page describes LIC's New Jeevan Anand in our own words, based on LIC's published product literature. For the binding terms, always refer to the official policy document issued by Life Insurance Corporation of India.