Buying a policy is a significant investment, and if you realize after some time that you have bought the wrong plan, all your money goes to waste. People often complain that we would have made an intelligent investment if we had known the maturity amount beforehand for varying terms and premiums. In such a situation, LIC Jeevan Anand 149 maturity calculator works the best. Now, it is possible to compare and decide which plan will suit your needs and how much premium you can afford using the LIC Jeevan Anand 149 maturity calculator.
LIC Jeevan Anand 149 plan is mainly preferred because of its benefits and features. It offers various attractive maturity benefits, death benefits, surrender benefits, etc.
This article will discuss the lic jeevan anand plan 149 maturity calculator, its benefits, and features.
Also read: LIC Jeevan Utkarsh Plan 846: Details, Features And Benefits
What is LIC Jeevan Anand Plan 149?
LIC Jeevan Anand 149 Plan is a fusion of Endowment Assurance and a whole life plan. The plan offers financial security against the policyholder’s death throughout the tenure. The policyholder also gets the lump sum if they survive the tenure. It offers the option for regular premium payment to the policyholder. If the insured person survives till the end of the plan, they get the maturity benefits, and the plan remains intact.
Features of LIC Jeevan Anand Plan 149
LIC Jeevan Anand 149 is a famous plan offered by LIC because of its unique features. Let’s discuss the features of LIC Jeevan Anand 149 plan:
- Maturity benefits = Sum Assure + Accrued Bonus + Final Addition bonus, and it will be available after completion of tenure.
- Insurance coverage continues after maturity and remains in force for a lifetime or 100 years, whichever comes first. The coverage of insurance is equal to the Sum assured.
- Death coverage = Sum assured + Accrued Bonus
- This plan offers Double accident benefits and extended permanent disability, and it remains in force till 70 years of age of the policyholder. The maximum amount of Double accident benefits and Extended permanent disability is Rs. 5 lacs.
- The policy also offers the rider for the critical illness that covers particular critical illnesses. This rider is optional and can be availed with some additional premium payment.
Eligibility of LIC Jeevan Anand Plan 149
To buy the LIC Jeevan Anand plan 149, you need to meet specific eligibility criteria as mentioned in the table:
| Entry age | 18-50 years |
| Maturity age | 75 years |
| Term | 15-35 years |
| Sum assured | Starting from Rs. 1 lac |
Also read: LIC Jeevan Saral Plan 165 Maturity Calculator
LIC Jeevan Anand 149 Plan Bonus Rates
There are 2 bonuses in the plan: a revolutionary bonus and a Final additional bonus. The revolutionary bonus is credited to the account after the announcement in a year, while the additional bonus is a one-time amount done at the termination of the policy in case of death or maturity.
Revolutionary Bonus rates for LIC Jeevan Anand 149 plan (per 1000 Sum assured).
| Term | Bonus Rate 2016 valuation | Bonus Rate 2016 valuation | Bonus Rate 2016 valuation |
| <11 years | 38 | 38 | 38 |
| 11 – 15 years | 41 | 41 | 41 |
| 16 -20 years | 45 | 45 | 45 |
| >20 years | 49 | 49 | 49 |
One-time bonus (Final additional bonus) for LIC Jeevan Anand 149 (per 1000 Sum assured).
| Maturity term/ premium paid for death claim | Below 2,00,000 | 2,00,000 above |
| Below 15 | 0 | 0 |
| 15 | 10 | 20 |
| 16 | 20 | 35 |
| 17 | 35 | 50 |
| 18 | 50 | 75 |
| 19 | 75 | 100 |
What is LIC Jeevan Anand 149 Maturity Calculator?
LIC Jeevan Anand plan 149 maturity calculator is an online tool that can be used for free. It helps the policyholder to compare the maturity amount against various premiums and tenures. The policyholder can decide if they can afford the premium amounts or if there is a need for some changes.
The LIC Jeevan Anand 149 maturity calculator allows you to calculate maturity dates, death benefits, surrender values, retirement benefits, loan values, etc. It helps the policyholder invest smartly and avoid miscommunication from the third party. You can use the lic plan 149 maturity calculator based on the sum insured, age, tenure, etc.
Features of LIC Jeevan Anand 149 Maturity Calculator?
Smart investors always use the lic plan 149 maturity calculator to get 100% benefits from their investment. The calculator has various features which make it mandatory to use before buying the plan:
1. Easy to use
Using the lic plan 149 maturity calculator is hassle-free. All you need is an active internet connection and a computer or smartphone.
2. Work instantly
The lic 149 maturity calculator provides instant results within seconds. Once you enter the details and enter the calculate button, you will get all the details on your screen.
3. Need fewer details
You must provide critical or personal information to the tool. It only asks for policy details like tenure, premium amount, Sum insured, age, etc.
Benefits of LIC Jeevan Anand 149 Maturity Calculator
There are various benefits of the lic 149 maturity calculator as listed below:
1. Helps to choose the best-suited sum assured and premium amount
The lic 149 maturity calculator helps the Policyholder to check how much Maturity amount they will get depending on different premium amounts, tenure, and age. This helps them to decide their investment.
2. It helps to compare various plans
The lic 149 maturity calculator allows you to compare various plans and choose the one that suits you the best.
3. Safe to use
Using the lic Jeevan Anand plan 149 maturity calculator is safe. You can use it without any risk of attracting scammers. However, use it only on legit sites.
How to use LIC Jeevan Anand 149 Maturity Calculator?
You can use the lic jeevan anand plan 149 maturity calculator by following some simple steps:
- Visit the website for lic jeevan anand plan 149 maturity calculator on Google.
- Enter the details such as age, Sum assured Premium amount, etc.
- Press the ‘calculate’ button.
- You have all the details about the maturity benefits, death benefits, etc., on your screen.
Conclusion
The Lic jeevan anand plan 149 maturity calculator is one of the most valuable tools for people wishing to buy the plan. It helps the policyholder acquire essential information about the benefits the plan offers.
LIC Jeevan Anand 149 Maturity Calculator – FAQs
How often can I use the lic jeevan anand plan 149 maturity calculator?
Ans. There is no limit to using the lic jeevan anand 149 maturity calculator. You can use it multiple times without paying any fees.
What can we calculate using the lic jeevan anand plan 149 maturity calculator?
Ans. The Lic Jeevan Anand 149 maturity calculator helps you to determine the maturity benefits, death benefits, survival benefits, retirement benefits, surrender value, etc.
How to determine the Maturity amount?
Ans. The maturity amount is calculated using the formula V = P x (1+r) n. Here, P is the principal amount, n is capitalization intervals from the issue date to maturity, V is the maturity value mount, and r is the interest.
