Investing in the LIC Jeevan Utsav Plan can earn a monthly pension of ₹15,000 after retirement. This pension provides financial security, allowing you to comfortably meet your old-age needs.
You can pay premiums for this policy from 5 years to 16 years, as per your choice. The longer the investment period, the higher your pension. This plan is flexible to suit your financial needs.
Investors receive a minimum sum assured of ₹5 lakh (5 lakh rupees). This means your capital will be protected and you will receive assured returns. People between the ages of 8 and 65 can invest in this plan.
This plan provides not only a pension but also life insurance cover. If the policyholder dies before the policy matures, the nominee receives 105% of the premiums paid as a bonus.
This policy offers an annual interest rate of 5.5%, which is provided as a delayed and cumulative flexi income benefit. The policyholder also has the option to choose between a regular income benefit and a flexi income benefit.
Disclaimer: This content has been sourced and edited from TV9. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
-
Bigg Boss 19 eviction: Time for Zeeshan Quadri to exit show?
-
After Sana Javed, did Shoaib Malik react to divorce chatter?
-
AI threat to 44 jobs at risk of being taken over by robots - is yours one of them?
-
Wooden floors will be clean and shiny if you use 1 natural item that's 15p
-
TN to install rooftop solar panels on state govt buildings, reduce power bills
