Get one-time investment by investing 56,100 rupees a year pension, know how much to invest in LIC's life peace
Investing in Life Insurance Corporation ie LIC brings many benefits to customers. LIC offers different policies according to the need and pocket of the people. LIC provides customers with endowment, term and life insurance and pension etc. policies. People working in the private sector often worry about how they will live after retirement. This is because he is unable to arrange pension for himself every month.
In such a situation, LIC provides Jeevan Shanti Policy keeping in mind this need of the people. By investing once in this policy, the customers get the benefit of pension every month for a lifetime. How much pension can be availed every month by investing in this policy, today we will give you information about it. First of all, talk about who can take this policy. A minimum 30-year person can invest in this plan, while a maximum of 85-year-old person. Under this scheme you can invest anything from 1.5 lakhs.
While taking this policy, the policyholder has two options for obtaining pension. First intermediate second deferred annuity. The intermediate means that the pension will start paying soon after taking the policy. At the same time deferred annuity means some time after taking the policy (5, 10, 15, 20 years). There are 7 options available in intermediate annuity. On the other hand, there are two types of deferred annuity, one is 'Deferred Annuity for Single Life' and the other is 'Deferred Annuity for Joint Life'.
Now the question is how much investment the policyholder will have to make and which option to choose so that he can get a pension of Rs 56,100 annually. For this, the policyholder has to select the 'F' option. Under this, the pension account starts coming in only after depositing the amount of the investment. With this, the amount invested after death is returned to the nominee. This is why most people choose the 'F' option. Now let us understand with an example how a policyholder will get a pension of Rs 56,100 per year.
Suppose a person at the age of 50 chooses the sum assured of Rs 10 lakh. In this way, he will have to pay a total of 10 lakh 18 thousand rupees. Simultaneously he chooses the 'F' option. After choosing the policy option and filling the money, he will get an amount of Rs 56,100 as pension in the account every year.