LIC Jeevan Shanti Policy: Every employed person is always worried about his retirement. LIC’s Jeevan Shanti policy scheme can end your problem. People above the age of 30 can invest in it. Let’s know the details related to the scheme-
Benefits of LIC’s Jeevan Shanti Policy
1. Death benefit is available in this scheme of LIC. Due to which on the death of the investor, his family and nominee are given pension along with other benefits.
2. In this plan you will get 2 options, first Immediate Annuity and second Deferred Annuity. In Immediate Annuity, the investor gets the payment immediately. Whereas in Deferred Annuity, you invest in the plan by paying a single premium and you can get the payout after a certain number of years.
3. LIC It is necessary to invest at least 1.5 lakh rupees in this scheme. There is no maximum limit to invest in it.
4. Can start pension immediately or anytime between 1 to 20 years.
5. Any close relative can be included in the joint life option.
6. If you start pension after 5 years on the investment of 10 lakhs, then it gets an annual pension at the rate of 9.18 percent return.
how much pension will you get
LIC If you invest 10 lakh rupees in this insurance policy at the age of 45, then you will start getting a pension of Rs 74,300 annually. If you want to take this amount monthly, then it will become around 9 thousand rupees. If you start pension after 5, 10, 15 or 20 years, then its amount will increase, although there are some conditions. You can also get the returns on monthly, quarterly, half yearly and yearly basis.
Policy can be bought online and offline
This plan can be purchased offline as well as online. LIC’s Jeevan Shanti is a comprehensive annuity plan in which the individual and his family will also get benefits.
