LIC Jeevan Shanti Plan: Many types of schemes are being run by the Life Insurance Corporation of India for the customers. Today we are telling you about such a policy, in which you will get a pension of Rs 11,000. LIC keeps on bringing policies with good returns from children to old people. Today we will tell you about one such LIC Jeevan Shanti Policy of LIC, in which you will get the benefit of a hefty pension every month.
LIC Jeevan Shanti Plan
Life Insurance Corporation of India has revised the annuity rates for its new Jeevan Shanti Plan No. 858). Now under this scheme the policy holders will get more annuity. However, its benefit will be available only to those policyholders who have taken the plan on or after January 5. LIC also said that the purchase price for the new LIC Jeevan Shanti Policy has also been increased. Now policyholders can get an incentive of Rs 3 to Rs 9.75 on a purchase price of Rs 1,000. However, the incentive is based on the purchase price and moratorium period chosen. LIC has given information about the change in this scheme through a statement.
What is LIC’s new Jeevan Shanti plan?
After retirement, people’s means of earning often ends, Life Insurance Corporation of India (Life Insurance Corporation of India) but the expenses of common life keep on increasing. This plan of LIC ensures a source of income for the post-retirement life. LIC Jeevan Shanti Policy is an annual plan, that is, your pension amount will be fixed at the time of taking it. In this, you will get the facility of pension every month.
You can contact on the website of Life Insurance Corporation of India. there are two options for
This is a single premium plan. You get two types of options in LIC Jeevan Shanti Policy. Policyholders can choose between single life and joint life deferred annuity. Life Insurance Corporation of India (Life Insurance Corporation of India) In the first option you can buy a pension plan for an individual.
In deferred annuity for single life when the policyholder dies. The nominee will get the money deposited in his account. If the policyholder survives, he starts getting pension after a certain period of time. In Deferred Annuity for Joint Life, if one person dies, the other gets pension facility. Whereas, after the death of both the persons, the policy money is given to the nominee.
How much money will you get in 10 lakh rupees
The minimum purchase price in this LIC Jeevan Shanti Policy is Rs 1.5 lakh. In this you will get minimum annuity of Rs 12,000 per year. However, there is no limit on the maximum purchase price.
According to LIC Jeevan Shanti Policy, in case of deferred annuity for single life, you can get a monthly pension of Rs 11,192 by purchasing a policy of Rs 10 lakh. You can get a monthly pension of Rs 10,576 on deferred annuity for joint life. The amount of annuity may vary on a case-to-case basis. For more information you can visit the website of Life Insurance Corporation of India.
LIC Jeevan Shanti Plan: Loan facility will be available
Let us tell you that under Deferred Annuity, you can take a pension scheme for one person. Any person in the age group of 30 years to 79 years can participate in this. To buy this LIC Jeevan Shanti Policy, you will have to invest at least Rs 1.5 lakh. On the other hand, if you do not like the policy, you can surrender it anytime. Along with this, loan facility is also available from Life Insurance Corporation of India.
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