LIC Jeevan Umang is an endowment cum whole life plan which offers a regular yearly payout from the end of the policy premium payment term till the date of your policyholders survival. Jeevan Umang is a participating plan so eligible for simple reversionary Bonus and Final Addition Bonus declared by…
PM Vaya Vandana Yojana pension scheme
If you are a senior citizen and you have lump sum money in the bank, then you should consider purchasing this immediate annuity plan until 31 March 2023. An assured rate of return of 7.40 % per annum for the year 2020-21 per annum and thereafter to be reset every…
LIC Jeevan Shanti – Single Premium Pension Plan
India’s Life Insurance Corporation ( LIC) also offers pension schemes apart from offering term insurance plans and endowment insurance plans. LIC Jeevan Shanti is one of the pension schemes that the country’s biggest life insurer is offering. LIC Jeevan Shanti plan is a one time premium plan in which the…