Pension Plans

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. Benefits: Benefit on Vesting: Provided the policy is in full force, on vesting an amount […]

          Introduction It 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. No medical examination is required under the plan. Various options are available for the type and […]