Diabytes
LIC Saral Pension Plan News
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The scheme, which was first introduced as a Standard Immediate Annuity plan, is among the greatest possibilities on the market for meeting financial needs after retirement.
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The minimum age limit is 40 years.
The maximum age limit is 80 years.
Once you take the policy, your pension will remain the same ever.
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LIC's Saral Pension plan is a non-linked, non-participating, single premium, individual immediate annuity plan.
Plan number 862 of the LIC's Saral Pension was launched in August this year
The pension is payable throughout the lifetime of the Annuitant(s).
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The LIC plan extends the loan facility to the policyholder after six months of the plan purchase.
The LIC Saral pension plan will come with two options for the policyholders when it comes to deciding the type of annuity.
The age limit for buying the LIC Saral Pension plan is between 40 years and 80 years.
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