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Jeevan Nidhi – Pension Plan

by Tabrej in February 10th, 2010

Topics: LIC of India, Pension plan, Single Premium Insurance policy Tags: annuity, life insurance pension plan, pension policy, retirement policy

LIC’s Jeevan Nidhi is a with-profits pension plan which provides for death cover during the deferment period and on survival to the date of vesting, the maturity proceeds are compulsorily to be used for purchase of annuity.

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