LIC launches Saral Pension Plan: Earn minimum Rs 12,000 pension yearly; Details
3 years, 5 months ago

LIC launches Saral Pension Plan: Earn minimum Rs 12,000 pension yearly; Details

India TV News  

The Life Insurance Corporation has launched a new annuity plan. The new scheme is called -- LIC Saral Pension plan. Under this pension plan, the LIC is offering two annuity options of a lump sum amount -- life annuity with a return of 100 per cent of the purchase price and joint life last survivor annuity with return of 100 per cent of the purchase price on death of the last survivor. Accordingly, the minimum monthly annuity available in this plan is Rs 1,000, quarterly Rs 3,000, half-yearly Rs 6,000 and yearly Rs 12,000. Those who are aged between 40 years to 80 years can buy LIC Saral pension plan.

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History of this topic

Interested in annuity plans from LIC? Here are 3 plans you can look at
1 year, 8 months ago

Interested in annuity plans from LIC? Here are 3 plans you can look at

Live Mint  

When it comes to insurance, many people trust LIC with their money. Option F: It is an immediate annuity plan for life with a return of purchase price.The annuity is paid as long as the annuitant is alive. Annuity Mode Monthly Quarterly Half-yearly Annual Minimum Annuity ₹ 1000 per month ₹ 3000 per month ₹6000 per half yearly ₹12,000 per …

Rs 9,250 Monthly Pension For Senior Citizens: Pradhan Mantri Vaya Vandana Yojana; Check Last Date And Other Details
1 year, 10 months ago

Rs 9,250 Monthly Pension For Senior Citizens: Pradhan Mantri Vaya Vandana Yojana; Check Last Date And Other Details

News 18  

The Government of India launched the ‘Pradhan Mantri Vaya Vandana Yojana ’ in 2017 to provide social security during old age and to protect elderly persons aged 60 and above against a future fall in their interest income due to uncertain market conditions. LIC’s Pradhan Mantri Vaya Vandana Yojana: Plan The Plan provides immediate pension for senior citizens 60 years …

LIC Brings New Pension Plus Plan; Premium, Funds, Terms; Details Here
2 years, 3 months ago

LIC Brings New Pension Plus Plan; Premium, Funds, Terms; Details Here

News 18  

Life Insurance Corporation has introduced a new non-participating, unit-linked, individual pension plan, New Pension Plus, effective 5 September. The policyholder can also choose the amount of premium and the policy term depending upon minimum and maximum limits of premium, policy term and vesting age. The guaranteed addition on regular premium ranges from 5.0-15.5 per cent and on single premium payable …

New LIC Policy Gives You Benefits Worth Rs 22 Lakh After Maturity; Check Details
2 years, 5 months ago

New LIC Policy Gives You Benefits Worth Rs 22 Lakh After Maturity; Check Details

News 18  

LIC Dhan Sanchay Policy: The Life Insurance Corporation, or LIC, of India is one of the go-to options for Indians when it comes to buy insurance policies. The LIC Dhan Sanchay policy gives guaranteed income benefit during the pay-out period from the date of maturity and guaranteed terminal benefit. You can choose the Annualized Premium / Single Premium in multiples …

LIC Policy: Invest in This Plan for Just 4 Years, Get Rs 1 Crore at Maturity; Know How
2 years, 5 months ago

LIC Policy: Invest in This Plan for Just 4 Years, Get Rs 1 Crore at Maturity; Know How

News 18  

LIC Jeevan Shiromani Plan: The Life Insurance Corporation, or LIC, is one of the go-to options for Indians when it comes to buying insurance policies. The Jeevan Shiromani Policy provides a basic sum assured of Rs 1 crore and the policyholder needs to invest in this policy for four years only, after which he or she will get the returns. …

LIC Policy for Children: Get Rs 8.5 Lakh Return at Maturity if You Invest Rs 150 Daily
2 years, 5 months ago

LIC Policy for Children: Get Rs 8.5 Lakh Return at Maturity if You Invest Rs 150 Daily

News 18  

LIC Jeevan Tarun Policy: The Life Insurance Corporation, or LIC, of India is one of the go-to options for Indians when it comes to buy insurance policies. The policy holder can choose between four options give below: Option 1: No survival benefit; 100 per cent of Sum Assured Option 2: 5 per cent of Sum Assured every year for 5 …

LIC Policy: Get Rs 36,000 Return Each Year Until Age of 100 if You Deposit Rs 45 Everyday
2 years, 6 months ago

LIC Policy: Get Rs 36,000 Return Each Year Until Age of 100 if You Deposit Rs 45 Everyday

News 18  

LIC Policy Jeevan Umang Policy: The Life Insurance Corporation, or LIC, of India is one of the go-to options for Indians when it comes to buy insurance policies. Pay Rs 45 Daily, Get Rs 36,000 Each Year After Maturity If you sign up for LIC Jeevan Umag Policy at the age of 26 for an insurance cover of Rs 4.5 …

LIC Policy Can Give You Rs 28 Lakh Return, Rs 15,000 Additional Pension Benefits
3 years, 4 months ago

LIC Policy Can Give You Rs 28 Lakh Return, Rs 15,000 Additional Pension Benefits

News 18  

Life Insurance Corporation provides a slew of investment options that offer impressive safe returns on investment. In the Jeevan Pragati scheme, a person has to invest only Rs 200 a day and after 20 years, they will get a return of Rs 28 lakh. LIC Jeevan Pragati Plan: Details — The risk cover in this policy increases after every five …

LIC IPO Date Update: Government plans to complete public offer of insurance giant before March 2022
3 years, 5 months ago

LIC IPO Date Update: Government plans to complete public offer of insurance giant before March 2022

India TV News  

The government plans to complete the initial public offering of Life Insurance Corporation in the current fiscal, the Minister of State for Finance Bhagwat Kishanrao Karad said on Monday. The government on Thursday had invited bids to appoint merchant bankers and legal advisors for the IPO and subsequent listing of the country's largest insurer. "The Initial Public Offer of the …

Looking for a standard annuity plan? Check out Saral Pension
3 years, 10 months ago

Looking for a standard annuity plan? Check out Saral Pension

Live Mint  

The Insurance Regulatory and Development Authority of India has directed all life insurance companies to mandatorily offer a standard individual immediate annuity product by 1 April 2021. As per Irdai guidelines issued on 25 January, the standard individual immediate annuity plan will be called ‘Saral Pension’ prefixed by the insurer’s name. Here’s a look at the key features: ANNUITY OPTIONS …

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