LIC has brought this great policy for its customers, in which you will get 100% return by paying the premium of the policy only once. let’s know
If you are also planning to take a pension scheme for yourself, then Life Insurance Corporation of India (LIC) has come up with a cool plan for you. While taking this policy, you will have to pay its premium only once and after that you will continue to get pension for life. The name of this policy is Saral Pension Yojana.
LIC Saral Pension Yojana is a single premium plan. This scheme has started from 1st July. So let’s know about it in detail…
2 ways to take Saral Pension Yojana: LIC Saral Pension Yojana is of two ways, first Life Annuity with 100% return of purchase price and second pension plan Joint Life.
Single Life: In this, the policy will be in the name of one person, that is, this pension plan will be linked to one person. As long as the pensioners are alive, they will continue to get pension. After that the nominee will get the base premium.
Joint Life: This plan covers both husband and wife. In this, the husband or wife who survives for a long time, gets pension. When both are no more, the nominee will get the base price.
Features of Saral Pension Yojana
>> For the insured, his pension will start as soon as he takes the policy.
>> Now it will depend on you whether pension is required every month or quarterly, half yearly or annually. You have to choose this option yourself.
>> This pension scheme can be taken both online and offline.
>> A minimum of Rs 12000 per year will have to be invested in this scheme. There is no limit to the maximum investment in this.
>> This scheme is for people from 40 to 80 years.
>> In this plan, after 6 months from the date of commencement of the policy, the policy holder will get the loan at any time.
