### LIC's Jeevan Anand(T-149)---Benefits .......

Benefits in case of death during the selected term:

• The Sum Assured along with the vested bonuses is payable on death in a lump sum.

Benefits in case of survival to the end of selected term:

• The Sum Assured along with the vested bonuses is payable in a lump sum on survival to the end of the term. An additional Sum Assured is payable on death thereafter.

Accident Benefit:

• An additional Sum Assured (subject to a limit of Rs.5 lakh) is payable in a lump sum on death due to accident up to age 70 of life assured.
• In case of permanent disability of the life assured due to accident this additional Sum assured is payable in instalments.

Supplementary/Extra Benefits:

• These are the optional benefits that can be added to your basic plan for extra protection/option.
• An additional premium is required to be paid for these benefits.

Surrender Value:

• Buying a life insurance contract is a long-term commitment.
• However, surrender values are available on the plan on earlier termination of the contract.

Guaranteed Surrender Value:

• The policy may be surrendered after it has been in force for 3 years or more.
• The guaranteed surrender value is 30% of the basic premiums paid excluding the first year’s premium.
• Any extra premium(s) paid and premium(s) towards Accident Benefit are also excluded.