LIC New Jeevan Shanti Policy – Your Lifelong Partner for a Secure Retirement!

LIC of India has introduced a marvellous new annuity plan – New Jeevan Shanti – which guarantees you a secure and hassle-free retired life! Just like our other popular annuity schemes, this one too comes with a number of great features and benefits.

LIC, Policybazaar join hands to
accelerate insurance growth
LIC investment
  • Buy LIC policy online
    hassle free

  • Guaranteed maturity with life
    cover for securing family's future

  • Tax saving under Sec 80C &
    10(10D)

  • Sovereign guarantee as per
    Sec 37 of LIC Act

Now Available on Policybazaar
Grow wealth through
100% Guaranteed Returns with LIC
+91
View Plans
Please wait. We Are Processing..
Plans available only for people of Indian origin By clicking on "View Plans", you agree to our Privacy Policy and Terms of Use #For a 55 year on investment of 20Lacs #Discount offered by insurance company Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp

How the Jeevan Shanti Policy Works

The way the Jeevan Shanti policy works is very straightforward. You make an initial investment, and then start receiving annuities/pension payments after a certain duration called the ‘deferment period’. The amount of pension you receive each month is not fixed but rather is based on your investment, age and deferment period. In addition, an additional benefit amount accrues every month during the deferment period. This amount is payable along with the death benefit.

Unique Benefits of the LIC New Jeevan Shanti Plan

  • Pension with a Lifetime Guarantee: One of the biggest concerns people have during retirement is how they will be able to meet their expenses without a steady income. With the LIC New Jeevan Shanti policy, you can rest assured that you will have a regular stream of income in the form of a pension for life!

  • Deferment Period: This period allows the money invested by pensioners to grow. In fact, the longer the period between investment and the start of your pension, the higher your pension amount will be. The life cover remains active during this period.

  • Accrual of Interest: An additional benefit amount accrues every month during the deferment period. This amount is payable along with the death benefit.

*Extra Annuity Rates: A higher purchase price (above Rs.5 Lakhs) will earn you extra annuity rates.

To Sum Up

The LIC New Jeevan Shanti policy is a great way to ensure that you have a comfortable retired life. With different investment options and deferred periods, this policy gives seniors the flexibility to choose what works best for them. So if you are a senior citizen looking for peace of mind about your finances after retirement, look no further than LIC New Jeevan Shanti Policy.

Secure Future Tomorrow
LIC Calculator
  • One time
  • Monthly
/ Year
Sensex has given 10% return from 2010 - 2020
You invest
You get
View plans
top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL