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LIC Policy Update: Good news for those who have LIC policy, now they will get Rs 11,000 pension every month, know how?

LIC POlicy News: Do you also want a pension of Rs 11,000 per month…? If yes, then LIC has brought such a policy for you, in which you will get money every month without working hard. LIC keeps coming up with a policy of good returns for children to old people.

LIC Policy Update: Do you also want a pension of Rs 11,000 per month…? If yes, then LIC has brought such a policy for you, in which you will get money every month without working hard. LIC keeps coming up with a policy of good returns for children to old people. Today we will tell you about such a policy of LIC, in which you will get the benefit of a hefty pension every month. The name of this policy is New Jeevan Shanti Policy. In this scheme of LIC, you can get more profit by making limited investment.

LIC annuity plan

Let us tell you that LIC scheme is an annuity plan, after buying which your pension amount gets fixed. You get money from LIC every month. You get 2 types of options in this policy. In this, the first is Deferred Annuity for Single Life and the second is Deferred Annuity for Joint Life.

Will get loan facility

Tell me, under Deferred Annuity, you can take a pension scheme for one person. Any person between the age of 30 years to 79 years can participate in this. To buy this scheme, you have to invest at least Rs 1.5 lakh. On the other hand, if you do not like the policy, you can surrender it anytime. Along with this, loan facility is also available from LIC.

How to get Rs 11,000 per month pension

If you take this policy, you will get Rs 11,192 as pension every month by purchasing a policy of Rs 10 lakh in deferred annuity for single life. Whereas, if you invest Rs 1.5 lakh, you will get Rs 1000 as pension every month. Apart from this, you can also take advantage of pension on annual, half-yearly and quarterly basis.

When will the nominee get the money?

Please tell that if any person has taken deferred annuity for single life and he dies, then the nominee gets the entire deposited money. Along with this, if the policy holder survives, then he starts getting pension after a period of time. On the other hand, if we talk about joint life, in this situation, if one person dies, then the other gets the facility of pension. On the other hand, if both of them die then the nominee gets the entire money.

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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