LIC - Jeevan Anand

#41
hello everyone,


Thanks for sharing this info through jagoinvestor.com, esp when this entire process of the premium to return ratio is pretty convoluted with LIC.

I want to enquire about the Jeevan Anad policy I registered back in Aug, 2008.

The details are:

Policy Name: Jeevan Anand (T. No. 149)
Sum Assured: 500000
Policy term: 75 (premium payment term: 16)
Annual premium: 34801

I have till date paid 5 annual premiums of Rs 34,801 each. Just want to check with you if this policy is due to mature on 21-Aug-2024? Is this correct?

I am not really sure how much this policy could get me at maturity but I am already thinking of having it "paid-up". I ll check with my uncle (apparently the agent as well) on helping me out with that.

I have this policy registered on www.licindia.in but I am unable to get any bonus information on that portal. Could you also please guide me on how to check this?

As far as other investments go, I have invested in ULIP (Birla Sun Life) - isnt really doing well after having paid the 5th installment just now.......
and also invested in Mutual Funds: ICICI Prudential - going far better than the BirlaSunLife one.

I might just look to close the ULIP plan next year after I finish the 5 year tenure on that policy.

But could you please guide me on how to go about the LIC Jeevan Anand policy?

Many thanks in advance,
Ravi
 

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