Explore LIC's New Jeevan Anand (715) — a powerful combination of whole life insurance + long-term savings. This popular LIC plan is designed for individuals who want guaranteed wealth creation along with lifelong financial protection for their family.
What makes New Jeevan Anand unique is that even after you receive the maturity amount, the life insurance cover continues for your entire lifetime. This means your family remains financially protected without paying any extra premium after maturity.
✔ Wealth Creation: Guaranteed maturity amount with bonuses.
✔ Double Benefit: Maturity money + lifetime insurance cover.
✔ Zero Market Risk: Ideal for conservative investors.
Let us understand how New Jeevan Anand – 715 works with a simple, practical example.
Total Premium Paid:
₹50,000 × 25 years = ₹12,50,000 (approx)
Maturity Benefit (After 25 Years):
Sum Assured: ₹10,00,000
+ Accumulated Bonuses: ₹8,00,000 – ₹10,00,000 (approx)
Total Maturity Amount: ₹18,00,000 – ₹20,00,000
Important: After paying this maturity amount, the policy does not end. The life cover of ₹10,00,000 continues for lifetime without paying any further premium.
Death Benefit – Scenario 1 (Before Maturity):
If death occurs during policy term, nominee receives:
₹10,00,000 + accrued bonuses
Death Benefit – Scenario 2 (After Maturity):
Even after maturity amount is paid, if death occurs later,
nominee still receives ₹10,00,000.
Bonus values and premium amounts vary based on age, term, sum assured, and LIC bonus declarations.
✔ Salaried professionals planning long-term savings
✔ Parents securing children’s future
✔ Individuals seeking lifetime protection with guaranteed returns
The New Jeevan Anand – 715 is one of LIC’s most trusted and time-tested plans. It offers a rare combination of maturity payout + lifelong insurance cover. If you are looking for a safe, guaranteed, and disciplined way to build wealth while protecting your family for life, this plan stands out as an excellent choice.