LIC New Jeevan Shanti Plan 2023: On investing in this scheme, you will get 11 thousand rupees every month, know how
LIC New Jeevan Shanti Plan 2023
LIC New Jeevan Shanti Plan 2023: If you want to earn more profit in limited investment, then LIC New Jeevan Shanti Plan can prove to be a better option for you. Rates have been revised by the Life Insurance Corporation of India for its new Jeevan Shanti plan! Policy holders (LIC Policy) applying for this scheme from January 5 will now get interest at increased rates. LIC has also increased the incentive amount for higher purchase price for this scheme.
Policyholders can now avail it at a purchase price of Rs 3 to Rs 9.75 per Rs 1,000! The incentive amount depends on the purchase price and the tenure chosen. The annual rates of Jeevan Shanti Yojana have been revised by the Life Insurance Corporation of India from January 5! This plan of LIC is a single plan plan! This new scheme is a better option for working and self-employed professionals who want regular income for future after a fixed period of time. For those who have money to invest, this plan of LIC (LIC New Jeevan Shanti Plan) can prove to be a good option!
What is LIC’s new Jeevan Shanti Plan: LIC New Jeevan Shanti Plan 2023
Life Insurance Corporation of India’s new Jeevan Shanti plan is a single premium plan! Policyholders can choose between single life and joint life deferred annuity. New Jeevan Shanti Plan (LIC New Jeevan Shanti Plan) can be suitable for working and self-employed professionals! Those who want to plan for future regular income after the grace period!
Will get minimum return of Rs 12 thousand every year
You can plan for retirement from the very beginning of your career! New Jeevan Shanti Plan (LIC New Jeevan Shanti Plan) is provided with a guaranteed annual rate at the beginning of the policy! You can invest a minimum of Rs 1.5 lakh in this scheme! It gives you a minimum return of Rs 12,000 every year! There is no maximum limit for investing money in this (Life Insurance Corporation of India) scheme! According to the information given by the sales broker of the plan, in case of deferred annuity for single life, you get a monthly pension of Rs 11,192 for buying a policy of Rs 10 lakh!
New Jeevan Shanti Plan gives money back guarantee
The minimum purchase price for LIC’s New Jeevan Shanti Plan (LIC New Jeevan Shanti Plan) is Rs 1.5 lakh! This will give you a minimum annuity of 12,000/year! However, there is no limit on the maximum purchase price in this scheme of LIC (Life Insurance Corporation of India).
How life goal plan works
You have to choose the basic sum assured, policy term and frequency of premium payment.
Using these options and the age of the life assured, the annualized premium amount is calculated.
You will have to pay less premium for three years from the chosen term.
A bonus will be added every year if due premiums are paid.
In case of death during the term of the plan (LIC New Jeevan Shanti Plan), annual income is paid till the maturity of the plan. at maturity,
Lump sum benefits are paid again!
Life Insurance Corporation Of India
According to the sales brochure of the plan, in case of deferred annuity for single life, you can get a monthly pension of Rs 11,192 by purchasing a policy of Rs 10 lakh! The monthly pension in case of deferred annuity for joint life in LIC’s New Jeevan Shanti Plan (LIC New Jeevan Shanti Plan) can be Rs 10,576! The amount of annuity can be different in different cases. More information about this is available on the website of LIC (Life Insurance Corporation of India).
Who can buy this policy: LIC New Jeevan Shanti Plan 2023
In this plan LIC New Jeevan Shanti Plan (LIC New Jeevan Shanti Scheme) 30-79 years old! Investment can be done for! The minimum moratorium period is 1 year and the maximum is 12 years. To the person enrolled under this scheme LIC New Jeevan Shanti Plan! Death benefit will be available either in lump sum or in installments for 5, 10 or 15 years.