Question

Define Jeeven Aadhar Plan ​

Answer 1

Jeevan Aadhar is an insuranceplan meant for those with a handicapped dependent. The planprovides life insurance cover throughout the lifetime of the purchaser. The benefits under the planare for the handicapped dependent which are partly in lump sum and partly in the form of an annuity.

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Answer 2

Jeevan Aadhar Plan is a special category plan as it is a Life Insurance Policy especially for handicapped dependents. It is basically a Limited Payment Whole Life Plan which can be utilized as a long term annuity plan after the death of the Life insured.

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