Invest once, get monthly 22, 875*/- for life time - LIC Jeevan Shanti - Lifetime Guaranteed Monthly Income

Invest once, get monthly 22, 875*/- for lifetime

In today’s uncertain financial landscape, securing a stable and dependable income for the entirety of one’s life has become a paramount concern for individuals planning their future. In response to this need, LIC (Life Insurance Corporation of India), a trusted name in the insurance sector, offers a solution in the form of the LIC Jeevan Shanti Deferred Plan. This innovative investment avenue not only guarantees a fixed income for life but also ensures substantial returns on investment, providing financial stability and peace of mind for policyholders and their families.

The LIC Jeevan Shanti Deferred Plan stands as a beacon of financial stability and security in an uncertain world. By offering a unique combination of investment growth and lifelong income, the plan empowers individuals to plan for their future with confidence. With guaranteed annuity payouts for life and the potential for substantial returns on investment, the plan ensures that policyholders and their families can enjoy a lifetime of financial well-being and peace of mind. Invest once, secure lifetime income – the LIC Jeevan Shanti Deferred Plan paves the way to a brighter and more secure future.

Understanding the LIC Jeevan Shanti Deferred Plan

The LIC Jeevan Shanti Deferred Plan is a unique insurance policy that offers a combination of investment growth and lifelong income. The plan allows individuals to make a single premium payment annually, with the assurance of receiving a fixed amount for the rest of their lives. What sets this plan apart is its deferred annuity feature, wherein the policyholder invests once every year and starts receiving the annuity payouts at a later date, ensuring a steady stream of income during retirement or any chosen phase of life.

Key Features and Benefits of LIC Jeevan Shanti plan

1. Annual Premium Investment: The policyholder invests a fixed premium amount annually, which accumulates over time to provide substantial returns.

2. Deferred Annuity Payouts: The unique deferred annuity feature allows policyholders to defer the commencement of annuity payouts until a later date, enabling them to plan their income stream according to their specific needs and financial goals.

3. Lifetime Income Guarantee: Upon reaching the chosen annuity commencement date, the policyholder starts receiving regular annuity payouts for life, ensuring financial security and stability throughout their lifetime.

4. Fixed Payout Amount: The plan guarantees a fixed payout amount for life, providing predictability and peace of mind in an uncertain financial environment.

5. Flexible Options: Policyholders have the flexibility to choose from various annuity options, including single life, joint life, with or without return of purchase price, ensuring that the plan aligns with their individual requirements and preferences.

6. Tax Benefits: The premiums paid towards the LIC Jeevan Shanti Deferred Plan are eligible for tax deductions under Section 80C of the Income Tax Act, providing additional savings for the policyholder.

7. Loan Facility: In times of financial need, policyholders have the option to avail of a loan against the policy, providing liquidity without surrendering the plan.

How to start LIC Jeevan Shanti plan from India and outside India

Meeting the LIC agent face to face before purchasing a policy is essential for understanding the terms and benefits thoroughly. It allows for personalized guidance tailored to individual needs. Additionally, it's wise to refrain from buying insurance or investments online from known acquaintances to avoid potential conflicts of interest. A face-to-face meeting ensures clarity, transparency, and the opportunity to ask questions directly, safeguarding one's financial interests and promoting informed decision-making.

Buy LIC Jeevan Shanti and be happy

Insurance and Investments for Age 40 and Above

A Comprehensive Guide to Life Cover, Guaranteed Pension, Lifetime Insurance Cover, and Mutual Funds

What is not possible? 

As individuals reach the age of 40 and beyond, planning for the future becomes increasingly crucial. Among the key considerations is securing financial stability and protection for oneself and loved ones. In this article, we delve into the realm of life insurance, exploring its various facets tailored for those in their 40s and beyond. From life cover to guaranteed pension, lifetime insurance cover, and mutual funds, we unravel the complexities and provide a comprehensive guide to help you make informed decisions.

Understanding Life Cover:

Life insurance serves as a financial safety net, offering protection to beneficiaries in the event of the policyholder's demise. For individuals in their 40s and beyond, obtaining adequate life cover becomes imperative, especially if they have dependents or outstanding financial obligations such as mortgages or educational expenses. When choosing a life cover policy, factors such as coverage amount, premium affordability, and term length should be carefully assessed to align with specific needs and goals.

Exploring Guaranteed Pension:

For many individuals entering their 40s, retirement planning takes center stage. Guaranteed pension plans offer a reliable source of income during retirement, providing financial security and peace of mind. These plans typically involve regular contributions throughout one's working years, with the promise of a fixed pension amount upon retirement. By starting contributions early and leveraging the power of compounding, individuals can maximize the benefits of guaranteed pension schemes, ensuring a comfortable retirement lifestyle.

Securing Lifetime Insurance Cover:

While term life insurance provides coverage for a specified period, lifetime insurance cover offers protection throughout the policyholder's lifetime. This type of insurance is particularly advantageous for individuals in their 40s and beyond, providing reassurance that their loved ones will be financially safeguarded regardless of when death occurs. With lifetime insurance cover, policyholders can enjoy the flexibility of accessing cash value accumulations, which can serve as a valuable asset for various financial needs, such as funding education or supplementing retirement income.

Harnessing the Power of Mutual Funds:

Mutual funds present a compelling investment option for individuals seeking to build wealth and diversify their portfolios. With a wide range of fund choices catering to different risk appetites and financial objectives, mutual funds offer flexibility and potential for attractive returns. For individuals in their 40s and beyond, mutual funds can play a pivotal role in long-term wealth accumulation, serving as a vehicle for retirement savings, education funds, or estate planning purposes. By conducting thorough research and consulting with financial advisors, individuals can identify mutual funds that align with their investment goals and risk tolerance.

As individuals enter their 40s and beyond, prioritizing financial security and planning for the future becomes paramount. Life insurance products such as life cover, guaranteed pension, and lifetime insurance cover offer invaluable protection and peace of mind, ensuring that loved ones are cared for and financial goals are met. Additionally, mutual funds provide opportunities for wealth accumulation and portfolio diversification, further enhancing financial well-being. By understanding the nuances of these financial instruments and seeking professional guidance when needed, individuals can navigate the complexities of life insurance and investment with confidence, paving the way for a secure and prosperous future.

LIC Jeevan Umang Plan - All in one LIC Plan - LIC buy policy 9886568000

LIC Jeevan Umang Plan - All in one LIC Plan

LIC Buy policy: 9886568000

In today's fast-paced world, securing the financial future of your loved ones is of utmost importance. With numerous options available, choosing the right plan can often be overwhelming. However, LIC Jeevan Umang emerges as a beacon of financial security, offering a multifaceted solution that encompasses life insurance, investment, tax savings, pension, and whole life coverage.

LIC's Jeevan Umang is a non-linked, participating, individual, whole life assurance plan which offers a combination of income and protect on to your family. This plan provides for annual survival benefits from the end of the premium paying term ll maturity and a lump sum payment at the time of maturity or on death of the policyholder during the policy term.

Understanding LIC Jeevan Umang:

LIC Jeevan Umang is a unique plan designed to cater to the diverse financial needs of individuals and their families. It combines the benefits of life insurance with the advantages of a long-term investment, ensuring financial stability throughout your lifetime and beyond.

Life Insurance Protection:

At its core, LIC Jeevan Umang provides comprehensive life insurance coverage, offering financial protection to your family in the unfortunate event of your demise. The plan assures a guaranteed death benefit to the nominee, providing them with the necessary financial support to cope with the loss and maintain their standard of living.

Investment Opportunity:

Apart from serving as a life insurance policy, LIC Jeevan Umang also functions as a long-term investment vehicle. The premiums paid accumulate over the policy term, generating substantial returns over time. These returns are accrued at a predetermined rate of interest, ensuring steady growth of your investment corpus.

Tax Savings:

One of the most attractive features of LIC Jeevan Umang is its ability to help individuals save on taxes. The premiums paid towards the policy are eligible for tax deductions under Section 80C of the Income Tax Act, 1961, up to a specified limit. Additionally, the maturity proceeds and death benefits received under the plan are exempt from tax under Section 10(10D), making it a tax-efficient investment option.

Pension Benefits:

In addition to life insurance and investment benefits, LIC Jeevan Umang offers a unique pension component, ensuring financial security during your retirement years. The plan provides for a regular stream of income post-retirement, allowing you to maintain your lifestyle and meet your financial obligations without any worries.

Whole Life Coverage:

Unlike traditional insurance plans that have a limited term, LIC Jeevan Umang offers coverage for the entire duration of your life. This means that your loved ones are guaranteed financial protection irrespective of when the unfortunate event occurs. The plan provides peace of mind, knowing that your family's financial future is secure, regardless of the uncertainties of life.

Tax-Free Returns:

One of the key benefits of LIC Jeevan Umang is the tax-free nature of its returns. The maturity proceeds received at the end of the policy term or the death benefits paid to the nominee are exempt from tax, ensuring that your loved ones receive the entire sum assured without any deductions.

LIC Jeevan Umang emerges as a comprehensive solution for every family's financial security needs. By offering a perfect blend of life insurance, investment, tax savings, pension, and whole life coverage, it ensures that your loved ones are well taken care of in every aspect. With tax-free returns and guaranteed benefits, it stands as a beacon of financial stability, providing peace of mind to policyholders and their families alike. Consider investing in LIC Jeevan Umang today and secure a brighter tomorrow for your loved ones.

LIC Jeevan Umang is the best plan to gift on birthdays to children, grand children, spouse, sister etc. Lifetime tax-free returns make a rememberable gift.

LIC New policy 1000 per month, Double Accident Benefit, guaranteed returns, lifetime tax free returns

LIC New policy 1000 per month 

LIC buy new Life Insurance policy Guaranteed Returns, Double Accident Benefit, and Lifetime Insurance for Just Rs. 1000/- Per Month

In an era where financial security and stability are paramount, Life Insurance Corporation of India (LIC) has introduced a groundbreaking new policy that offers a myriad of benefits at an affordable price point. For just Rs. 1000 per month, individuals can now secure their future with LIC's new policy, which promises guaranteed returns, normal and double accident benefits, and lifetime insurance coverage. This article explores the key features and benefits of LIC's new policy and why it represents an attractive investment option for individuals seeking comprehensive financial protection.

Guaranteed Returns:

One of the standout features of LIC's new policy is the assurance of guaranteed returns on investment. In an environment marked by market volatility and economic uncertainties, the promise of guaranteed returns provides policyholders with peace of mind and financial security. Regardless of fluctuations in the market, policyholders can rest assured that their investments will yield steady and predictable returns over time.

Normal and Double Accident Benefit:

In addition to guaranteed returns, LIC's new policy offers both normal and double accident benefits, providing an added layer of protection for policyholders and their families. In the unfortunate event of an accident leading to disability or death, policyholders are entitled to receive a lump sum payment, thereby ensuring that their loved ones are financially protected and provided for during challenging times. The double accident benefit further enhances this coverage, offering increased financial support in the event of an accident, thereby providing policyholders with greater peace of mind and security.

Lifetime Insurance Coverage:

Another compelling feature of LIC's new policy is the provision of lifetime insurance coverage. Unlike traditional insurance policies that may have a limited term, this policy offers coverage for the entire lifetime of the policyholder, ensuring that individuals are protected against unforeseen circumstances throughout their lives. Whether it's providing financial support to loved ones in the event of the policyholder's demise or securing funds for retirement and other long-term goals, the lifetime insurance coverage offered by LIC's new policy provides individuals with comprehensive and enduring protection.

Affordable Premium:

Despite offering a wide range of benefits, LIC's new policy remains highly affordable, with premiums starting at just Rs. 1000 per month. This affordability makes it accessible to a wide range of individuals, including those with modest incomes or budgetary constraints. By investing a nominal amount each month, individuals can secure their future and that of their loved ones, thereby laying the foundation for long-term financial stability and prosperity.

In an increasingly uncertain world, insuring himself is the best to secure the future. Securing one's financial future has never been more important. LIC's new policy offers a compelling solution, providing individuals with guaranteed returns, normal and double accident benefits, and lifetime insurance coverage at an affordable price point. Whether it's protecting loved ones against unforeseen circumstances, securing funds for retirement, or achieving long-term financial goals, LIC's new policy provides individuals with the peace of mind and security they need to navigate life's uncertainties with confidence. With its attractive features and affordable premiums, LIC's new policy represents a prudent investment option for individuals seeking comprehensive financial protection and peace of mind.