LIC New Jeevan Shanti (Plan 858) – Guaranteed Lifetime Income in Hyderabad, Telangana & Andhra Pradesh
LIC's New Jeevan Shanti (Plan 858) is a non-linked, non-participating, single premium deferred annuity plan designed to provide policyholders with a steady income post-retirement. With flexible annuity options and attractive incentives for higher investments, this plan ensures financial security throughout your lifetime.
📌 Key Features:
- ✔️ Single Premium Deferred Annuity: One-time investment for lifelong income.
- ✔️ Flexible Annuity Options: Choose between single life or joint life annuity plans.
- ✔️ Customizable Deferment Period: Select a deferment period between 1 to 12 years based on your retirement plans.
- ✔️ Attractive Purchase Price Incentives: Additional benefits for higher purchase prices.
- ✔️ Comprehensive Death Benefit: Financial protection for your nominee in case of untimely demise during the deferment period.
📊 Plan Details:
| Parameter | Details |
|---|---|
| Plan Number | 858 |
| Policy Type | Non-Linked, Non-Participating, Single Premium Deferred Annuity |
| Purchase Price | Minimum ₹1,50,000; No upper limit |
| Deferment Period | 1 to 12 years |
| Vesting Age | 31 to 80 years |
| Annuity Payment Modes | Monthly, Quarterly, Half-Yearly, Yearly |
| Death Benefit | Purchase price paid to nominee in case of death during deferment period |
📘 Example: Planning with LIC New Jeevan Shanti
Consider Rajesh, a 45-year-old resident of Vijayawada, who invests ₹10,00,000 in LIC's New Jeevan Shanti with a deferment period of 10 years. At age 55, he begins receiving annual annuity payments, ensuring a steady income throughout his retirement. Additionally, his family is protected with the death benefit feature, providing financial security in unforeseen circumstances.
👨👩👧👦 Best Suited For:
- ✅ Individuals aged 31-80 seeking a reliable post-retirement income.
- ✅ Those looking to invest a lump sum amount for lifelong financial security.
- ✅ Residents of Hyderabad, Warangal, Guntur, Vijayawada, and surrounding regions in Telangana and Andhra Pradesh.
📞 Contact Diwakar Cherukuwada – LIC Retirement Planning Specialist in Hyderabad
For personalized retirement planning and to explore suitable annuity options, reach out today!
📲 WhatsApp: Click to Chat with Diwakar Cherukuwada
📧 Email: support@theinsuranceagency.in
🌐 Website: www.YOURDOMAIN.in/plan-858.html