LIC New Jeevan Shanti Plan
The LIC New Jeevan Shanti Plan is a non-participatory, non-linked, single premium payment plan that offers the benefit of returns through Deferred Annuity options. This is one of the best pension plans offered by LIC, the most trusted insurance company in India. You can avail of this policy through both online and offline modes.
Key Features
The plan allows for a minimum purchase price of Rs. 1.5 lakhs with no upper limit. Fixed annuity rates are determined from the inception of the policy. Policyholders can choose from four annuity modes: monthly, quarterly, half-yearly, and annually. Additionally, there is a discount on annuity rates and an option to add cover for dependents with disabilities.
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