If you are planning to take a pension scheme, then you can choose Saral Pension of Life Insurance Corporation of India.
LIC Saral Pension Plan: If you are also planning to take a pension plan for yourself, then you can choose Saral Pension Plan of Life Insurance Corporation of India (LIC). In this plan of LIC, you have to pay premium only once and after that after 60 years you can get pension of Rs 12000 every month. You will get this pension money for life.
There are two types of LIC Saral Pension Scheme..
Life Annuity with 100% Return of Purchase Price
Life Annuity with 100% return of purchase price This pension is for single life, that is, this pension plan will be linked to a single person. As long as the pensioners are alive, they will continue to get the pension. After that the nominee will get the base premium.
Pension plan joint life
Pension plan is given for joint life. In this, both husband and wife get pension. In this, the spouse who survives for the longest time gets pension. When both are no more, the nominee will get the base price.
Special features of Saral Pension Yojana.
1 For the insured, his pension will start as soon as he takes the policy.
2 Now it will be up to you whether you want pension every month or quarterly, half yearly or annually. You have to choose this option yourself.
3 This pension scheme can be taken both online and offline.
4 In this scheme, a minimum investment of Rs 12000 will have to be made. There is no maximum investment limit in this.
5 This scheme is for people from 40 to 80 years.
6 In this plan, the policyholder will get the loan at any time after 6 months from the date of commencement of the policy.
