Pay just one premium and get Rs 12,000 pension! Check how to secure your future with special LIC Policy
Zee News
LIC allows investors to start saving little to build a corpus for their retirement.
New Delhi: Life Insurance Corporation (LIC) of India, the country’s largest insurer, offers several various policies allowing investors to secure their retirement. Besides impressive returns, investors get options to save their taxes with the policies.
In most schemes, LIC allows investors to start saving little to build a corpus for their retirement. However, in the LIC Saral Pension Yojana, subscribers have to invest a certain amount just once to enjoy monthly pensions.
Under the scheme, one can get a minimum of Rs 12,000 pension in a year. The scheme offers investors to select the annuity type from two available options on payment of a lump sum amount. The scheme is a ‘Standard Immediate Annuity plan’.
The annuity rates in the LIC Saral Pension Yojana are guaranteed at the inception of the policy. Insurer receives the payable throughout his or her lifetime.
2 Options under LIC Saral Pension Yojana
