LIC giving a great policy, just fill the instalment once and get a lifetime pension
LIC’s Jeevan Shanti Scheme is especially for those who want to maintain their income after retirement. While taking this policy, the policyholder has two options for pension.
New Delhi: The last date for depositing Income Tax is very close. Every income tax payer wants to save his tax. But in the meantime, the Life Insurance Corporation of India (LIC) has come up with a brilliant policy. The main point of this policy is that only once the money is made will continue to earn every month even after retirement.
Jeevan Shanti Scheme
LIC’s Jeevan Shanti Scheme is especially for those who want to maintain their income after retirement. While taking this policy, the policyholder has two options for pension. Immidiate second defard annuity. This is a good way to get a certain amount at the time of retirement. Both plans have different features and advantages.
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Understand Immidiate and Defard Annuity
Intermediate means that you start taking pension immediately after taking the policy. The defard annuity means that you start taking pension sometime (5, 10, 15, 20 years) of taking the policy. In the intermediate policy, you get 7 kinds of options. There are two options available in defard. This policy also facilitates loans to customers. You can also surrender it anytime after 3 months.
At least Rs 1.50 lakh investment required
It will be necessary to invest at least Rs 1.50 lakh under the Jeevan Shanti Plan. There is no limit on the maximum amount. You can deposit a lump sum of 5 lakh or 10 lakh or more at your convenience.
People over the age of just 30 are also eligible to buy
You must be at least 30 years of age to take the policy. If you need an instant pension, the maximum age should be 85 years. The maximum age for the defence plan should be 79 years.
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