Pension plan

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 Also after maturity, one third of the corpus can be withdrawn as a lumpsum amount and the remaining two-thirds would be paid in either monthly or half-yearly installments (Pension) after maturity, which would be decided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.

For more details visit: https://mypaisa.in/pension-plus/

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.