LIC Jeevan Anand policy is a discontinued policy. LIC has replaced this with LIC New Jeevan Anand policy table no 815. Jeevan Anand is the The Most Selling insurance Policy of LIC and also the most visited article on this website as well. You can read the complete details of LIC New Jeevan Anand Policy, Table no 815 features, benefits and bonus, how to calculate premium and Maturity benefit.

Find out complete information about LIC Jeevan anand policy calculator, premium chart, features, maturity benefits and other details.

LIC Jeevan Anand Policy Details

LIC Jeevan Anand policy is a mixture of endowment and life insurance. You will also get bonus amount. The main feature of this policy is the double death benefit option. Means policy holder’s life will not only be covered till the end of policy tenure , but till the policy holder dies. In case the policy holder dies in between the term tenure, then the policy sum assured with bonus amount will be paid to nominee of the policy. In that case policy will be terminated immediately. Accidental Death and Disability Benefit is payable till 70 years of age of the life insured.

Although like any other policy this policy is also very attractive. But the actual benefit can be understood after a through analysis only. 

A simple example to expose LIC Jeevan Anand Maturity Amount in Long Term

For more details about this policy, you can refer to this page. The picture and data reference is taken from that page here to analyse further.

The below illustration is for a healthy Male (non-tobacco user) opting for a Sum Assured = Rs 1,00,000 and Policy Term = 25 years respectively.

Now we will take the example of premium = Rs. 4346 / year.
Term period = 25 years
Total payment from your side = 4346 X 25 = Rs 108650/-
Bonus rate as 0.055. (approx data for analysis purpose)

The final Bonus amount will be = 0.055 X 1,00,000 X 25= Rs 137500/-
So on maturity the total amount will be = Rs 100000 + Rs 137500 = Rs 237500 /-

You will also get Final Additional Bonus (FAB) with this amount (if any). Now if you die after completing the premium term (after 25 years), then your family will also get Rs 1,00,000 more as Double death benefit plan. 

Now let’s invest this Rs 4346 per annum in a monthly recurring deposit scheme. In such a case monthly amount equivalent to the premium will be 4346/12 = 362 and tenure will be 25X12 = 300 month

Now try this recurring deposit calculator for accumulated money after 25 years. It’s around Rs 343605, which is far more than the Jeevan Anand policy returns.

But Jeevan Anad is an insurance policy too. So how can we compare this with recurring deposit? Actually we can do the investment in such a way so that our insurance and savings, both requirement can be fulfilled.

You can do a complete term insurance plan, in which you have to pay a very less premium. And side by side invest in other savings options to earn good interest. This will fulfil your future requirement and also make your money capable to fight with inflation after 25 years. You can read the article below regarding best term plan in India.

Hope this small calculation will help you to understand LIC Jeevan Anand Policy details. This is same for the LIC New Jeevan Anand policy as well. Please correct me here in case any of the figure is calculated wrongly.

You should always refer to LIC official website and policy documents very carefully to understand the facts and return calculation. These are completely my personal opinion. One should not follow anything blindly, take your own decision.


  1. I have LIC Jeevan anand plan past 3 years. And I have PPF also last 1 year
    Now I want to take one more plan in LIC please suggest better plan. I can invest 5000 in annum.

  2. Hi, I am 25 year old earning 50k per month. Please advise me a little what should I do. I have no tax saving. No policies nothing. Please help. I want to save and invest for my future.

  3. Hi Santanu,

    I have Jeevan Anand policy with below details:

    Policy Name – Jeevan Anand (Table No -149)
    Sum Assuered – 5 Lac
    Yearly paying premium – Rs. 15,207/-
    Policy COmmemcement – in the Year 2010
    Policy Term – 30 years
    Premium Paying Term – 31 years
    Policy Maturity – In the year 2041

    Please help me in getting final maturity amount after adding bonus and FAB.

  4. Hi,

    Im Mahesh,24 year now. I want to invest 50-60k per anum for 15 -20 years. Can you please let me know guaranteed return plans in India.. I heard about LIC JEEVAN ANAND plan. Is it good to invest?

    • Hi mahesh,

      As you have a investment time frame of 15+ years and you are looking for a guaranteed income, then why don’t you try PPF account?
      If you can take some risk or have little idea about mutual funds, then investing through ELSS mutual funds (If you have income tax liability) will give you a tremendous return.
      Assess you risk taking ability and take a call on that. 🙂

      • Hi Thanks for reply…I have no idea about investment plans like mutual funds.Please guide me to invest.

        Thanks in Advance

        • Hi Mahesh,
          There are plenty of blogs and website to know more about Mutual fund investment. In fact you can follow this blog, I have started researching on mutual fund investment and looking forward to write more articles on that topic.

  5. I am paying 25000 per Annum for 20 years and I have completed 10 years and now still 10 years I have to pay at the end of my maturity payment how much I can get back and again after death how much I can get can u plz give me calculation

    • Hi Mulari,

      I believe you should know how much sum assured value of this policy, as per premium you are paying. If not, kindly ask your lic agent about that. And regarding maturity you can expect a 4-5% max return after maturity.

      I think you can register your lic policy and login to check the vested bonus amount for Jeevan anand plan.

    • Thanks Mr. Prakash for your comments. But Jeevan Anand plan is not able to perform when we talk about life cover and long term return on investment. There are many other alternatives in current market to get better benefit.