LIC Plan: LIC is the largest insurance company in the country. It gives policies for all classes of people in the country. LIC has many popular policies. In which you get great returns along with safe investment. Actually we are talking about such a policy of LIC which guarantees you pension every month. The most special thing about this policy is that it has to be invested only once and after that you start getting the benefit of pension. The name of this policy is LIC Saral Pension Plan.
The age limit of this plan is 40 to 80 years.
A person from the age of 40 years to 80 years can take pension in LIC Saral Pension Scheme, which gives pension with whole life guarantee. You can take this policy either alone or together with husband and wife. In this, the policyholder gets the facility to surrender anytime after 6 months from the date of commencement of the policy. Apart from this, death benefit is also available in it. If the policy holder dies, the entire amount invested is returned to his nominee.
Popular as a retirement plan
LIC Saral Pension, which gives fixed pension every month, is also seen as a kind of retirement plan. Actually, this policy fits perfectly in post-retirement investment planning. Suppose any person has recently retired. So he can invest the PF fund received at the time of retirement and the money received from gratuity in it. Then he will continue to get the benefit of pension every month for the rest of his life.
You can invest so much in this
You can invest at least 12 thousand rupees annually in LIC Saral Pension Plan. There is no limit on the maximum investment. If you can get pension according to investment, then in this scheme any person can avail pension on monthly, quarterly, half-yearly and yearly basis after paying premium once under this plan. If any 42-year-old person deposits Rs 30 lakh in this policy, then he will get a pension of Rs 12.388 every month.
Loan facility
Loan facility is also given to the policy holder in this pension policy of LIC. Under Saral Pension Scheme, the policy holder can also take a loan after every 6 months. Another special thing in this simple pension scheme is that the amount of pension you start getting, you will continue to get the same amount throughout your life. You can also take this plan online. For which you have to go to the official website of 40 years www.licindia.in.
