India’s most trusted insurance company, Life Insurance Corporation of India (LIC) has introduced a great plan for its customers – LIC Saral Pension. This scheme has been designed for those who want to be financially secure after retirement. This is a pension scheme which is not only easy but also makes your life more happy without any tension. Let us know about this plan in detail and understand why it may be right for you.
LIC Saral Pension is a single premium annuity plan. This means that you just have to deposit the premium once and then you will start receiving the pension immediately. This scheme is special for those who want regular income after retirement. According to your needs, you can choose monthly, quarterly, half yearly or annual pension. The best thing about it is that it is completely safe and with a trusted company like LIC, you do not have to take any risk.
LIC Saral Pension Plan comes with many great benefits. First, it starts giving you pension immediately, that is, you do not need to wait. Second, if the policyholder dies, his nominee gets 100% of the premium back. Apart from this, if you wish, you can also surrender your policy after 6 months of the commencement of pension and withdraw 95% of the premium deposited. This flexibility makes it even more attractive.
This scheme is available for people in the age group of 40 to 80 years. That means, if you are near retirement age or have already retired, then this is perfect for you. The minimum annuity amount is Rs 12,000 per year, making it accessible to every class. Also, this plan does not require any medical examination, which makes it even easier.
LIC Saral Pension is special because it not only provides financial security but its process is also very easy. After retirement, you need regular income so that you can live your life with complete freedom. This plan gives you that freedom. Also, LIC’s trust and its transparent terms make it a reliable option for everyone.
If you are looking for a secure and easy plan for retirement, then LIC Saral Pension could be perfect for you. Get more information about this scheme by visiting your nearest LIC office or visiting their official website. Secure your future today and make retirement stress-free!
