LIC Special Scheme: Invest once in this LIC Policy and Get Rs 74,300 every year
Life Insurance Corporation of India (LIC) is offering a scheme that will help you get maximum benefits without any risk.
This is LIC’s Jeevan Shanti policy, which is a non-linked, non-participating, individual and single-premium deferred annuity scheme. This policy provides future security to the customers in form of pension.
We tell you the features of LIC Jeevan Shanti Policy with an example. If a person of 45 years of age invests Rs. 10,00,000 in the policy, he will start getting a pension of Rs. 74300 per annum. This option is open to you, to start pension immediately or after 5, 10, 15, or 20 years. The pension amount will increase in 5,10,15, or 20 years option, which also has some conditions with it.
Buy LIC Jeevan Shanti Policy online and offline
LIC plan can be purchased offline as well as online. Jeevan Shanti of LIC is a comprehensive annuity plan in which the person and his family will also benefit.
LIC’s ‘Jeevan Shanti’ is a single premium deposit pension plan which offers features such as:
It offers Loan facility
Starts pension immediately or anytime between 1 to 20 years
You can include any close relative in the joint-life option.
If you start a pension after five years on an investment of 10 lakhs, according to the return of 9.18 percent, it gets an annual pension.
LIC Jeevan Shanti Policy Eligibility:
Minimum age is 30 years and maximum 85 years. In this Jeevan Shanti Policy Plan of LIC, you can do the loan after one year of pension, and it can be surrender 3 months after the commencement of the pension.
The annual rates will guarantee at the time of taking the policy for both immediate and deferred annuity options. Number of annuity options and modes of annuity payment are available under the scheme. Once you have selected, you cannot change the option.
The LIC Jeevan Shanti Policy plan is similar to Jeevan Akshaya, the old policy scheme of LIC.