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Retire & Enjoy
  Retire & Enjoy
 
A planned accumulation drop by drop to form a large pension corpus, by periodic premium payments for a selected term, will help in planning for the retirement days. Retirement plan is an assurance that you will continue to earn and lead a comfortable lifestyle after retirement. This plan provides you with a steady income every month, to arm you in the face of rising costs.
The following reason underlines the need for a right retirement plan :
 
  • Mortality rate has improved which makes us to spend a longer span of retired life than before.
  • Medical and other basic expenditure are on the increasing trend and on the contrary, interest rates are decreasing.
  • There is no specific social security structure like ‘Old age provision’ in India.
  • LIC offers wide range of retirement plans to serve the young, the middle aged and the old for their secured future.
     
    Start early to invest in Retirement Plan, to secure your life after work.
    We are very happy to bring to you the best pension plans from LIC providing for a regular income during our retirement life with return of Corpus , along with most attractive income tax benefits as follows :
     
     
      Jeevan Akshay VI :
     
    IIt is an immediate 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. Various options are available for the type and mode of payment of annuities.
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      New Jeevan Nidhi :
     
    LIC's New Jeevan Nidhi Plan is a conventional with profits pension plan with A combination of protection and saving features. This plan provides for death cover during the deferment period and offers annuity on survival to the date of vesting.
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      Jeevan Umang : Continuious income for life time with increaseing whole life cover
     
    This plan offers a combination of income and protection to your family. This plan provides for annual survival benefits from the end of the premium paying term till maturity and a lump sum payment at the time of maturity of the policy holder during the policy term. In addition, this plan also takes care of liquidity needs through loan facility….
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      Jeevan Shanti:
     
    This is a single premium plan wherein the Policyholder has an option to choose an Immediate or Deferred annuity. Guaranteed Pension Policy (Pension @8%-21%)
     
    • Make one time investment and get Guaranteed life long income.
    • 9 different annuity options to choose from to suit every need and circumstance
    • Option to choose either Immediate Annuity or postpone it to a future date as Deferred Annuity.
    • Annuity rates are guaranteed from inception of the policy.
    • Guaranteed additions during deferment period.
    • This policy can be taken on own life or as joint life with grandparent, parent, children, grandchildren, spouse or siblings.
    • Loan Available: Loan facility shall be available after completion of 1 policy year….
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