Pension plan

Saral Pension

LIC Saral Pension: All you need to know

Saral Pension (Plan No.862) is a Non-Linked, Non-Participating, Single-Premium, Individual Immediate Annuity Plan by LIC. write an AIDA for pension insurance plan Avail an immediate annuity, and return of purchase price to your nominee. This is a standard immediate annuity plan according to the guidelines for Insurance Regulatory and Development Authority of India (IRDAI), which …

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Pension Plus Plan 803

Pension Plus Plan 803 – ULIP Based

LIC Pension Plus is a unique UNIT Linked pension plan where a minimum rate of interest of 4.5% is confirmed and guaranteed. Also after maturity, one third of the corpus can be withdrawn as a lumpsum amount and the remaining two-thirds would be paid in either monthly or half-yearly installments (Pension) after maturity, which would be decided by the policy holders. The plan is without any life cover during the deferment term of the policy.

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Jeevan Akshay VI – Pension plan

Jeevan Akshay VI plan no.189 is an Immediate Pension (Annuity) plan, which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant (Policy holder). Various options are available for the type and mode of payment of annuities.