look news india
LIC New Jeevan Shanti Policy: Everyone plans to save some amount from their income and invest it in such a place so that they do not have to face financial problems after retirement in future and they get regular income. To get rid of this problem, many plans are being offered by the country's largest insurance company LIC, which guarantees pension for life. One of the popular schemes among these is LIC New Jeevan Shanti Policy, the special thing about which is that money has to be invested only once and pension is guaranteed for life.
Lifetime Pension Guarantee Scheme
Life Insurance Corporation of India (LIC) has not one but many great plans for people of all ages. LIC's retirement plans are quite popular, which have been introduced especially to maintain financial health after retirement. Talking about LIC New Jeevan Shanti Plan, let us tell you that this is a single premium plan and once you invest, it guarantees you a regular pension after retirement. You can get a pension of Rs 1,00,000 every year, that too for life.
Age limit is 30 to 79 years
For this pension policy of LIC, the company has fixed the age limit from 30 years to 79 years. Along with guaranteed pension, many other benefits are also available in this scheme. There are two options to buy this scheme, the first of which is Deferred Annuity for Single Life and the second is Deferred Annuity for Joint Life. That is, if you want, you can invest in a single plan or if you want, you can choose the combined option.
This way you will get pension of Rs 1 lakh every year
Now let us tell you how you can ensure an annual pension of Rs 1,00,000 by investing once in this New Jeevan Shanti Scheme of LIC. So as mentioned, this is an annuity plan and as soon as you buy it, you can decide the limit of your pension in it. Even after retirement, you will continue to get a fixed pension for life. It also gives good interest on investment.
Talking about pension, if a 55-year-old person invests Rs 11 lakh while buying LIC New Jeevan Shanti Plan, it will be held for five years and after 60 years you will start getting a pension of Rs 1,02,850 every year. If you want, you can take it every six months or every month.
On the basis of calculation, on a single investment of Rs 11 lakh, you get a pension of more than Rs 1 lakh annually, whereas if you want to take it every six months, it will be Rs 50,365. If we calculate the monthly pension, then on this much investment, a pension of Rs 8,217 will be ensured every month.
These benefits are also available along with pension
It is worth noting that along with guaranteed pension, other benefits of LIC's New Jeevan Shanti Plan also include death cover. If the policyholder dies during this period, the entire amount deposited in his account is given to the nominee. The amount received by the nominee on an investment of 11 lakhs will be Rs 12,10,000. The special thing is that you can surrender this plan anytime and can invest a minimum of Rs 1.5 lakh in it, while there is no maximum limit for this.
