LIC's smart pension plan is here, get lifetime pension by paying a single premium

LIC Pension Plan: Get lifetime pension with LIC's new Smart Pension Plan. Pay a single premium and enjoy regular income after retirement. This plan comes with individual and joint life pension options.

LIC Smart Pension Plan: Life Insurance Corporation of India (LIC) has launched a new and attractive pension plan Smart Pension Plan for its customers. This is a single premium based plan. In this, customers can avail regular pension for life by paying once. This plan is available in both individual and joint forms. This gives more flexibility and financial security to pensioners.

What is LIC's Smart Pension Plan

LIC's Smart Pension Plan is very beneficial for those who want guaranteed regular income after retirement. Under this plan, customers can make their future financially secure by paying a minimum premium of Rs 1,00,000 in one go.

There are many options for pension

LIC's Smart Pension Plan is available in both Single Life and Joint Life variants. Under the Single Life Plan, the nominee receives the deposit amount after the death of the policyholder. Under the Joint Life Plan, both the husband and wife will get the benefit of pension. After the death of either of the two, the surviving spouse will continue to receive pension.

Cash withdrawal facility

Facility of partial and full withdrawal is also provided in LIC's Smart Pension Plan. This will provide financial assistance to the policyholder when needed.

Benefits of LIC's Smart Pension Plan

• Lifetime pension facility with lump sum premium payment
• Individual and joint pension options under flexible option
• Security coverage to the nominee
• Partial and full withdrawal facility
• Minimum investment starts from Rs 1,00,000

Why choose LIC's Smart Pension Plan

LIC's Smart Pension Plan was launched by Financial Services Secretary M Nagaraju and LIC CEO Siddhartha Mohanty. Introduced in the presence of government and LIC officials, this plan is an excellent option for senior citizens and those planning for retirement. If you want safe and stable returns without risk, then LIC's Smart Pension Plan can be an ideal option for you.

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PC:PrabhatKhabar