Those investing in LIC i.e. Life Insurance Corporation of India also get many benefits. Especially in the pension scheme, pension after maturity and the money deposited to the nominee after death. Today we are going to tell you about such a scheme.
LIC’s Saral Pension Scheme is in a lot of discussion these days. Its special thing is that after investing in it, you can start pension immediately. That’s why this plan is also called Immediate Pension Plan. Because after investing in this plan, the policyholder can get the right to get pension immediately. By the way, you get four options to get pension in this scheme. You can take it monthly, quarterly, half yearly and even yearly. In this plan you need to invest only once, that is, it is a single premium plan. You deposit money together and slowly go on enjoying your money comfortably.
Let us tell you that in the current era, there has been a significant increase in the demand for pension scheme. There is also a reason for this and that is the current economic slowdown. Seeing this, people have started securing their future. At the same time, there are some who have also retired recently. In such a situation, by investing their money, they are eating the return of their money every month. Let us also tell you what is Saral Pension Yojana.
Both Single and Joint Option:
There are two types of options in LIC Saral Pension Scheme. The first is that you can buy it for yourself. You will get pension for life and your nominee will get the entire premium paid after your death. The second option is joint. This includes both you and your wife. First you will get the pension, after your death, your wife or husband will get it, if both of them die, then your nominee will get the entire money deposited.
Who can invest in this scheme:
Any person from 40 years to 80 years can invest in this scheme. For example, if you take a pension plan with a sum assured of Rs 10 lakh and select the mode of annual pension, then you will have to pay a premium of Rs 10.18 lakh. According to which you will get a pension of Rs 51,650 annually. After death, your nominee will get the full amount back.
