Life Insurance Corporation Of India

Jeevan Chhaya



Features of Jeevan Anurag

This is an Endowment Assurance plan that provides financial protection

against death throughout the term of the plan. Besides payment of Sum 

Assured immediately on death, one-fourth of Sum Assured is payable 

at the end of each of last four years of policy term whether the life 

assured dies or survives the term of the policy.


Premiums are payable yearly, half-yearly, quarterly, monthly or through 

salary deductions as opted by you throughout the term of the policy 

or till the earlier death.


This is a with-profits plan and participates in the profits of the 

Corporation’s life insurance business.  It gets a share of profits

in the form of bonuses. Simple Reversionary Bonuses are declared 

per thousand Sum Assured annually at the end of each financial year. 

Once declared, they form part of the guaranteed benefits of the plan. 

Bonuses for full term on the full Sum assured are paid at the end of 

the term even if death occurs during policy term. Final (Additional)

Bonus may also be payable provided policy has run for certain minimum