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LIC is the best plan: Rs. 12 thousand per month for the rest of your life if you buy it once.. Starting from the age of 40!

samayam | May 16, 2024 9:17 AM CST

LIC Plan: Do you want to get a pension from the age of 40? But this LIC policy is the best option for you. You can earn Rs.12 thousand per month for the rest of your life if you buy it once. Same as LIC Saral Pension Plan. Know the complete details of Eplan now and join.

LIC Plan: Elders say that the house should be fixed while there is a lamp. Similarly, financial experts suggest saving for the future while earning. However, in recent times not many people are willing to struggle all through life. They tend to earn enough for life as soon as possible and then enjoy life. Life Insurance Corporation of India has brought the best pension plan for such people. If you invest in this once, you can get a pension of Rs. 12 thousand per month for the rest of your life. That too can start taking a pension from the age of 40 years.

By joining LIC Saral Pension Yojana, you can get a pension from the age of 40. It is a single premium policy. Once you invest, you will get a pension for the rest of your life. After the death of the policyholder, the spouse or nominated nominee will be compensated along with the investment. This policy can be purchased both online and offline. You can invest as much pension as you want. The age group of 40 to 80 years is eligible to join this. If you take this saral pension plan, the pension will start from that year itself. If you don't like it after six months, you can surrender.

This Saral Pension Plan can be availed in two types of options. With a single life plan, the pension will continue for the lifetime of the policyholder. After death, the invested amount is returned to the nominee. The second is the joint life plan. If the second option is taken then the policyholder gets a pension till his death and after his death, the pension to the spouse starts. In case both die, the investment is paid to the nominee.

Through this plan, you have to invest at least Rs.1000 per month to get a pension. There is no upper limit. The pension you get depends on how much you invest. One can choose the option of receiving a pension in monthly, six-monthly, and yearly installment methods. For example, suppose a 42-year-old man invests Rs.30 lakh and buys a Saral Pension Yojana policy. The person will get a pension of up to Rs.12,388 per month. As long as the policyholder is alive, the pension will be over Rs.12 thousand per month.