What is New Jeevan Anand Policy?

New Jeevan Anand is an updated participating life insurance plan that offers twin benefits of savings and protection. It provides financial support to the family in case of the insured's death and a lump sum at maturity. A key feature is that life cover continues even after the maturity age. Bonuses are added to the policy based on the company's profits. It is a long-term financial security tool.