Check Out the Best LIC Policy for Future Help
April 3, 2019
The LIC policy is important for all to get complete security for your family. In this world, the uncertain situation can come up anytime. You must be prepared beforehand for all these future uncertainties. For this, the best LIC policy can help you in the easiest way.
Pension plans offer the best protection to your life post your retirement. Choose the most extraordinary LIC of India pension plan for the best financial support post-retirement. LIC’s Jeevan Nidhi is one the profits pension plan offering the benefit of protection with savings. It offers annuity during survival and is subjected to death cover.
The LIC one time investment pension plan can assist you more. It comes with some attractive features. It calls it as the instant annuity plan which is available for all in both online and offline mode. You can also buy it online.
It completely depends on the policyholder. Policies can be searched online but it is a good idea to purchase it with the help of insurance advisor. This is also popular as an immediate pension plan. Moreover, as soon as you will accumulate the retirement corpus, you can take up this plan. It offers a fixed pension which is based on the option that you choose.
If you have accumulated enough retirement corpus, then you can take up this plan as it promises you guaranteed fixed returns. No matter, whether the interest rate is going up or down, the returns are guaranteed to all. You just need to pay a single premium for buying this annuity.
Regular amounts at different intervals
The LIC pays all the regular amounts throughout your whole life. One can get monthly payouts or at other intervals as said. This offers 7 different options on its type and annuity amount that you are willing to get. Additionally, this plan can definitely make every pensioner financially stable. Get ready for guaranteed returns today.
Protect Your Post-Retirement Living With Pension Plans:
LIC’s Jeevan Shanti offers the policyholder with an option to choose immediate deferred annuity and the policyholder is eligible for lifetime annuity payment. This is best suitable for individuals retiring at an early age and for individuals who retire due to sudden terminologies.
LIC’s Jeevan Akshay is an immediate annuity plan that can be purchased by paying a lump sum. You don’t have to undergo any medical examination for getting this plan. The premium for LIC Jeevan Akshay policy has to be paid in lump sum amount. The pension can be paid either on a yearly, half-yearly, monthly or quarterly basis.
The minimum and maximum limit
The minimum age to get this one time pension plan for investment purpose of LIC is 30 years and the maximum age is 85 years. The minimum limit for getting this is 1, 50,000. It comes without any maximum limit plan.