LIC — Pension / Retirement Plans

LIC's New Pension Plus

RECOMMENDED

Premium

₹200/Day

Sum Assured

Minimum ₹10,000 per month pension

Term

As per annuity option

Premium Paying

Single Pay / Limited Pay / Regular Pay

Key Features

Guaranteed lifelong pension

7 annuity options available

Joint life option for spouse

Return of purchase price option

Tax benefits under Section 80CCC

Immediate or deferred annuity

No medical examination required

Minimum pension ₹1,000/month

Immediate annuity purchase at prevailing rates

Return of Purchase Price to nominee

Age: 30-85 years (annuity purchase), Min Purchase Price: ₹1,50,000

Guaranteed pension with option to get your money back - LIC's best retirement plan