LIC Jeevan Saral | LIC’s powerful plan, get lifelong pension on lump sum investment.. | LIC introduces new plan Pay single premium and get pension for life, know all the details here

LIC Jeevan Saral | One has to make lump sum investment in LIC Jeevan Surat Pension Scheme. Investment in the scheme can be done online/offline. Loan facility is also available in 6 months.

LIC Jeevan Saral |  Strong plan of LIC, get lifelong pension on lump sum investment..

get lifetime pension

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LIC Jeevan Saral | Life Insurance Corporation of India (LIC)There are many plans. Including LIC Saral Pension Plan (LIC Saral Pension Scheme) is popular. It is a non-linked, single premium, individual immediate annuity plan. This plan can also be taken with the spouse.

Life Insurance Corporation of India launched Saral Pension Yojana on 1st July 2021 keeping in mind the financial needs of the people. This scheme became popular in no time. You too can benefit by investing in this scheme. It has the facility of pension from the age of 40 years.

The most important feature of this policy is that you pay a lump sum premium and get a fixed income every month(fixed income) You can take a loan anytime after 6 months from the date of commencement of this policy.

You can buy this policy online and offline. The beneficiary of LIC’s Saral Pension Yojana gets a monthly pension of Rs 12,000.

The minimum purchase price of the policy depends on the option chosen and the age of the policy holder. This plan can be purchased by a person between the age of 40 years to 80 years.

If you want to take advantage of monthly pension in this scheme, then you have to deposit at least 1 thousand rupees per month. Similarly, for quarterly pension, at least Rs 3000 has to be invested in a month.

Under this plan of LIC, annuity is available in two options on lump sum payment to the policyholder (annuity) There is an option to choose.

Under the first option, the policyholder will continue to receive pension for life and in case of death, 100% of the Sum Assured will be given to the heirs.

Another option is that the policyholder will get a lifetime pension. After his death, the husband and wife will get lifelong pension. If one of them does not have a partner, the sum insured will be given to the other.

If a lump sum investment is made at a young age, the pension starts at the age of 40 years. They don’t have to wait 60 years for this. But for this you have to make a lump sum investment.

You have to choose the option of monthly, quarterly, half yearly or annual pension as per your wish. Accordingly, you get the pension amount.

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The policy can be purchased from the nearest LIC office, agent or online. The more you invest, the more pension you will get.

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