Invest in this scheme of LIC, you will get pension every month |Jagran Business- Watch Video

The largest government insurance provider in the nation, Life Insurance Corporation of India (LIC), offers plans for clients of all ages. From childhood to old age, LIC offers its investing programme. Generally speaking, LIC investments are safe. Numerous LIC schemes provide investors substantial returns on their investments, and they are quite popular. New Jeevan Shanti Policy is one such LIC programme. You can receive a pension once you retire by investing in it. You can make a less investment in this LIC scheme and still earn more return.

Jeevan Shanti policy is annuity plan

LIC's New Jeevan Shanti Scheme is an annuity plan. This means that the amount of your pension gets fixed as soon as you buy this policy. In this, you get the facility of getting pension every month. You get two options in this policy. The first is Deferred Annuity for Single Life and the second is Deferred Annuity for Joint Life. Under the first option, you can buy a pension scheme for one person.