Pension plans are retirement plans where you invest for fixed period of time and you get guaranteed returns for the rest of your life.
LIC New Jeevan Dhara-II is a deferred pension plan. In simple terms, you pay now (once or every year), wait 1 to 15 years, and then get a guaranteed pension for the rest of your life. Also, the pension rate is locked on the day you buy. Based on LIC’s own examples, however, the return … Read more
LIC New Jeevan Shanti Plan is a Non-Linked, Non-Participating, Individual, Single Premium, Deferred Annuity Plan. Policyholder has an option to choose between single life and Joint Life. You can purchase this plan offline as well as online. Plan Name LIC New Jeevan Shanti Plan Table No. 858 UIN No. 512N338V01 Plan Type Deferred Annuity Plan … Read more