LIC New Jeevan Shanti Policy: For this policy of LIC which guarantees lifetime pension, the company has fixed the age limit from 30 years to 79 years.
Everyone saves some amount from their income and plans to invest it in such a place that they do not have to face financial problems after retirement and they get regular income. To get rid of this problem, many plans are being offered by the country’s largest insurance company LIC, which guarantees pension for life. One popular scheme among these is LIC New Jeevan Shanti Policy, the special thing about which is that money has to be invested only once and pension is guaranteed for life.
Lifetime pension guaranteed plan
Life Insurance Corporation of India (LIC) has not just one but many great plans for people of all ages. LIC’s retirement plans are quite popular, which have been specially introduced to maintain financial health after retirement. Talking about LIC New Jeevan Shanti Plan, let us tell you that this is a single premium plan and guarantees you regular pension after retirement through a one-time investment. You can get a pension of Rs 1,00,000 every year, that too for life.
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The age limit is 30 to 79 years.
For this pension policy of LIC, the company has fixed the age limit from 30 years to 79 years. In this scheme, along with guaranteed pension, many other benefits are also available. There are two options available to buy this plan, the first of which is Deferred Annuity for Single Life and the second is Deferred Annuity for Joint Life. That is, if you want, you can invest in a single plan, or if you want, you can choose the combined option.
This is how you can get a pension of Rs 1 lakh every year
. Now let us tell you how you can ensure an annual pension of Rs 1,00,000 after investing once in LIC’s New Jeevan Shanti Scheme. So, as told, this is an annuity plan and you can fix your pension limit in it as soon as you buy it. You will keep getting the fixed pension for life after retirement. You also get a great interest on investment in this.
Talking about pension, if a 55-year-old person invests Rs 11 lakh while buying LIC New Jeevan Shanti plan, then it will be held for five years and after 60 years you will start getting a pension of Rs 1,02,850 every year. If you want, you can take it every six months or even every month.
On the basis of calculation, on a single investment of Rs 11 lakh, you get an annual pension of more than Rs 1 lakh, while if you want to take it every six months, then it will be Rs 50,365. If we calculate the monthly pension, then on this much investment, a pension of Rs 8,217 will be assured every month.
Along with pension, these benefits
are also worth noting that along with guaranteed pension, other benefits available in LIC’s New Jeevan Shanti Plan also include death cover. If the policyholder dies during this period, the entire deposit amount in his account is given to the nominee. The amount received by the nominee on an investment of 11 lakhs will be Rs 12,10,000. The special thing is that you can surrender this plan anytime and can make a minimum investment of Rs 1.5 lakh in it, while there is no maximum limit for this.
