LIC Jeevan Anand

Recommendations :No

Name of the policy :
LIC Jeevan Anand

A brief desciption :

Anand, in Hindi or Sanskrit, is supposed to mean bliss, but it is probably only the broker who will be blissful after having sold this product. It is certainly not blissful for the customer. As with other endowment schemes, it delivers a poor return and has very low life cover. It suffers from a lack of transparency on the charges or on the performance of the funds. You would rather give this a miss, despite all the pressure that the agent or Bank may bring to bear on you.

Started date :17/1/2002
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Insurance :Min- 1 Lakh Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :18-65

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Table of Contents

Table of Contents