LIC’s amazing plan! If you have made an annuity of Rs 30 lakh at the age of 42, then you will get Rs 12388 as pension every month. At the same time, as the age increases, the amount of pension invested in it decreases. The biggest thing is that you can take loan against the deposited amount. However, for this we will have to wait for 6 months.
Lakhs of people work in government jobs in the country. After retirement, those people get huge amount. Along with this, pension also starts. In such a situation, the life of working people passes comfortably even in old age. But, those who do not work are worried about their old age, because they do not get pension like those who do government jobs. But now these people also do not need to worry. Life Insurance Corporation of India (LIC) has such an excellent scheme, in which once you invest, you will continue to get pension throughout your life.
The special thing is that under this scheme of LIC, you will not have to wait for 60 years to get pension. As soon as you turn 40 years old, you will start getting pension. Actually, the name of the scheme of LIC about which we are going to talk is Immediate Annuity Plan. The benefit of this scheme can be availed in two ways: first single life and second joint life.
His wife will get the pension amount
If you choose the option of single life, you will get pension throughout your life. If you die midway, the money will be given to the nominee later. At the same time, if the policyholder of Joint Life dies, then in such a situation his wife will get the pension amount. The minimum age for this scheme is 40 years and maximum 80 years.
You can choose any option between half yearly and yearly
The special thing is that pension starts getting as soon as the joint life policy is taken. Under this scheme, you can take it alone or along with husband and wife. Its biggest feature is that you can surrender the policy even after 6 months of starting it. After this you can get a minimum monthly pension of Rs 1000. This means that you will get at least Rs 12,000 per year as pension. If you want, you can choose any option for pension among monthly, quarterly, half yearly and yearly.
