A special scheme of LIC 8 thousand pension per month
In this policy you can start pension immediately or in 5, 10, 15 or 20 years. 5, 10, 15 or 20 year option increases the amount A special scheme of LIC, invest once and get 8 thousand pension per month for life
New Delhi: LIC's Jeevan Shanti policy provides lifetime protection to its customers through pension. Today we will tell you about the features of this LIC Pension Policy. If a 45-year-old invests Rs 10 lakh in this policy, he will get an annual pension of Rs 74,300. In this policy you can start pension immediately or in 5, 10, 15 or 20 years. The amount increases in the 5, 10, 15 or 20 year option, but it also has some conditions. It is worth mentioning that this is a non-linked plan. As well as this scheme is a single premium annuity plan, in which the insured has the option to choose immediate annuity or deferred annuity.
Buy online and offline policy
Customers can also purchase the scheme online or offline. This is a comprehensive annual plan that benefits the individual and his family.
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The peculiarity of the policy
LIC Life Peace is a single premium deposit plan.
- It offers loan facility.
- Surrender after 3 months without any medical documents.
- Can start pension immediately or anytime between 1 to 20 years.
- Any close relative can be included in the Joint Life option.
- If we start pension after 5 years on an investment of Rs. 10 lakhs, we get an annual pension at the rate of 9.18%.
People of this age can take advantage
- This LIC scheme can be taken by a person up to a minimum of 30 years and a maximum of 85 years. Loans can be availed in Jeevan Shanti Plan 1 year after the commencement of pension. As well as it can be surrendered three months after the start of the pension.
- Rates will be guaranteed for both immediate and deferred annuity options during policy purchase. Notably, annuity options and annual payment modes are available under the scheme.
- The plan can also be purchased online along with offline. It is worth mentioning that this scheme is like LIC's old plan Jeevan Akshay.
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