LIC's Monthly Pension Policy - Invest once and get pension for life
The country's largest government insurance company, Life Insurance Corporation of India, has many great policies! Investing in the LIC policy of Life Insurance Corporation of India is generally considered safe! That is why millions of people of the country have invested in it!
LIC's Monthly Pension Policy - Invest once and get pension for life
Life Insurance Corporation of India has one such scheme which is known as LIC Saral Pension Yojana! In this LIC scheme, you can make arrangements for pension for yourself every month by investing a lump sum amount once! This policy of Life Insurance Corporation of India is the best option for those people!
Those who are unable to plan their retirement can get pension every month by investing in this LIC Saral Pension Yojana of Life Insurance Corporation of India! So let us tell you all more information about this LIC Saral Pension Yojana of Life Insurance Corporation of India!
Life Insurance Corporation – Schemes fit for retirement planning
LIC Saral Pension Scheme of Life Insurance Corporation of India is also seen as a retirement plan! This LIC scheme is a perfect fit for investing the money received after retirement! A recently retired person can invest his PF fund and gratuity amount in it!
And one can avail pension every month! In this LIC scheme of Life Insurance Corporation of India, one has to buy an annuity of at least Rs 12,000 per annum! There is no limit on maximum investment!
LIC Saral Pension Scheme – Who can take LIC policy
This LIC Saral Pension Scheme of Life Insurance Corporation of India can be purchased by a person from the age of 40 to 80 years! Either a person can invest in this LIC scheme alone or a husband and wife can invest together! The policyholder gets many types of facilities in LIC Saral Pension Yojana!
If we talk about death benefit, then on the death of the policyholder, the investment amount is returned to his nominee. Apart from this, if you do not like the LIC policy, then it can also be surrendered within six months.
Life Insurance Corporation – Pension of 12 thousand rupees every month
If we look at the LIC calculator, if a person aged 42 years buys an annuity of Rs 30 lakh, then he will get Rs 12,388 every month as pension. You can take a loan after six months of investing in this LIC scheme of Life Insurance Corporation of India. The special thing about LIC Saral Pension Yojana is that the amount of pension you get in the beginning, you will get the same for your entire life.