LIC Smart Pension Scheme: New Smart Pension Scheme from LIC .. Many types of options for pension!
Public Sector Life Insurance Corporation of India (LIC) has launched a smart pension scheme. The plan has many characteristics, LIC said. For this scheme pension, a person offers a variety of options for a person. The scheme was inaugurated by Financial Services Secretary M Nagaraju, LIC CEO and Managing Director Siddharth Mohanty. According to the rules of the policy, several cash options are available for partial or full return.
Pension scheme
The LIC Smart Pension Scheme is non -parting, non -linked, personal/group, savings, immediate annual plan. The new scheme in the pension and retirement savings section will bring revolution in LIC. It turns out that saving for retirement would be safe to save. Separate from other pension. This includes immediate annuity scheme, which means the option to receive pension from next month of the policy.
This scheme will provide you financial security after retirement. After investing in this scheme like a one -time premium, you will get pension. To get pension, the entire premium must be paid at once. Various pension options are available. In this scheme, the policyholder has the opportunity to get monthly, quarterly, half -yearly and annual pension.
Putting
This smart pension scheme can be selected by single -life and joint life annual options. The current policyholders have good encouragement through nominated or successors of dead policyholders. The policy can be withdrawn or fully withdrawn according to the rules. Minimum purchase price Rs. Most incentives are available.
Admission
The minimum entry age in this scheme is 18 years. The maximum entry age depends on the selected annuity option between 65 and 100 years. Existing license policy holders and deceased policy holders have an incentive in the form of increased annuities. The National Pension System (NPS) customers are likely to select immediate annuities.
The scheme has an opportunity for those to confirm their prolonged financially thoroughly who rely on the disabled. Polisiers may get loans after three months. Availability of loan is subject to specific annuity options and conditions.
How to take LIC Smart Pension Scheme?
The LIC Smart Pension Scheme can be purchased in different ways. LIC agents, middlemen, point of sale-lif insurance (PVOSP-LI) and Common Public Service Center (CPSC-SPV) can be purchased offline. Can be purchased directly in www.licindia.in.
