Big news on the LIC superhit strategy! This plan allows you to get a pension of Rs 50,000 each month; see the full details here

 Big news on the LIC superhit strategy! This plan allows you to get a pension of Rs 50,000 each month; see the full details here

LIC superhit plan: Allow us to inform you that LIC has launched a plan that, upon funding, will provide you with financial stability for the rest of your life. This is something you may put lump sum money in to get rid of old age problems. You would get a pension of Rs 50,000 each month under this arrangement.

LIC has devised a plan that, after the money is deposited, would provide you with peace of mind for the rest of your life. You may be relieved of the anxieties associated with aging by making a lump sum investment in this. This insurance is also known by its corporate name, Jeevan Shanti. Its goal is to enable you to live a quiet life for the duration of your years by investing money only once. As to the scheme, an individual who invests Rs 5.50 lakh would get an annual pension of Rs 50,000.

The primary benefit of this pension-specific LIC plan is that it only requires a single money commitment; once retirement, pension payments are guaranteed for life. The New Jeevan Shanti Yojana plan number from LIC is 858. Tell us about this scheme's features and terms and conditions.

Select the date you want to receive a pension when buying the plan..

When an employee must leave their work early for whatever reason, their revenue source is terminated. LIC has developed a new Jeevan Shanti plan with these issues in mind. With this delayed annuity plan, you have the option to choose the pension amount at the moment it is taken out. After a minimum of one year of consistent intervals, you begin receiving your pension each month.

Principal Elements of the New Jeevan Shanti Plan by LIC

Since this is a single premium plan, you only need to make one investment.

Deferred Annuity Plan: (choice to get pension one to twelve years after first investment)

Choice to receive pension amount on a quarterly, half-yearly, annual, or monthly basis

You may get a pension of more than Rs 11,000 per month with an investment of Rs 10 lakh.

The range of interest in this plan is 6.81 to 14.62%.

Pension eligibility in both single and married life

Minimum and maximum entrance age:

Anyone may invest in this plan who is between the ages of 30 and 79. The unique feature is that you may abandon this plan at any moment. The amount that may be invested in this has no upper limit. In the event that the policyholder passes away within this time frame, the nominee will get the money that was placed in his account in addition to an extra sum. Please be aware that this plan does not provide risk protection.

According to financial expert Sweety Manoj Jain, a lot of individuals had financial difficulties as a result of losing their jobs during the Corona outbreak since their income was terminated at that point. Since these issues might occur at any moment in a person's life, it is crucial that everyone participate in pension plans of this kind in order to avoid financial hardship during trying times.