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.
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