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Category Archives: Pension plan

New Jeevan Nidhi

LIC’s New Jeevan Nidhi is a deferred pension plan. Plan no 812 is a conventional plan with deferred annuity. The plan is open for the age between 20 years to 60 years old individual. Features at glance: Insurance Cover upto Date of Vesting Option To purchase an Immediate Annuity OR Single Premium Deferred Pension Plan Guaranteed Additions for the first ... Read More »

Online Pension plan: New Jeevan Akshay VI

LIC has customized traditional Jeevan Akshay VI the only immediate pension plan to sell it online due to huge demand for online LIC policy. Jeevan Akshay VI is the single premium pension plan. Features: Its a single premium pension plan with minimum purchase price of Rs.1,00,000/- (except online.) If you want to buy it online the minimum purchase would be Rs.1,50,000/- No maximum ... Read More »

Pension Plus

LIC Pension Plus is a unique UNIT Linked pension plan where a minimum rate of interest of 4.5% is confirmed and guaranteed. Also after maturity, one third of the corpus can be withdrawn as a lumpsum amount and the remaining two-thirds would be paid in either monthly or half-yearly installments (Pension) after maturity, which would be decided by the policy holders. The plan is without any life cover during the deferment term of the policy. For more details visit: http://www.mylicindia.com/pension-plus/ Read More »

Jeevan Nidhi – Pension Plan

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. Read More »

LIC Jeevan Suraksha 1

Jeevan Suraksha-I summary: New Jeevan Suraksha-I (Table No.147) is a unique plan designed to provide pension from a chosen retirement date. The plan can be taken by anyone who want pension after retirement. Mode of Premiums: You may pay Premiums yearly, half-yearly, quarterly, monthly or through Salary deduction. Alternatively, the premium may be paid in one lump sum (single premium). ... Read More »

New Jeevan Dhara-I

New Jeevan Dhara-I (Table No.148) is suitable for professionals who do not have any pension scheme. Jeevan Dhara 1 allows you to make provision for regular income after your retirement. Read More »

Jeevan Akshay VI – Pension plan

Jeevan Akshay VI plan no.189 is an Immediate Pension (Annuity) plan, which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant (Policy holder). Various options are available for the type and mode of payment of annuities. Read More »

Market Plus 1

Market Plus 1 is a unit linked pension scheme (ULIP). Policy holder can choose the plan with or without risk cover. This investment plan is divided in four types of investment Funds namely Bond, Secured, Balanced and Growth Fund. Market Plus 1 is primarily a Pension policy and the plan has many attractive features and options that make it an ideal Retirement solution for your future......more Read More »