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LIC Jeevan Shanti Policy: For those people who are worried about pension planning in future, this policy can be called better. By depositing a lump sum in it, you can get pension after retirement.
LIC Jeevan Shanti Policy: People are often advised to save from their hard earned fat. People also save but do not invest it at the right place. Saving money is as important as investing it at the right place. Although there are many investment options in the market, but we are telling you about investing in insurance policy.
If the first name that comes to mind when it comes to insurance is Life Insurance Corporation of India (LIC). This company has different policies in which people from the poor to the rich invest. LIC provides policies like term, health, endowment and pension etc. to customers. Today we will tell you about the pension policy of this company.
The name of this pension policy is ‘Jeevan Shanti’. The special thing is that by making a lump sum investment in it, immediate pension can be availed. For those people who are worried about pension planning in future, this policy can be called better. By depositing a lump sum in it, you can get pension after retirement.
These are the conditions for investment in policy
Age: Minimum 30 years and maximum 85 years
Sum Assured: Minimum Sum Assured is Rs 1.5 lakh and there is no limit of maximum
loan: Loan facility and
surrender it 1 year after the commencement of pension: 3 months after the commencement of pension can be done.
Sum Assured: Minimum Sum Assured is Rs 1.5 lakh and there is no limit of maximum
loan: Loan facility and
surrender it 1 year after the commencement of pension: 3 months after the commencement of pension can be done.
