LIC New Jeevan Shanti

Single-premium deferred annuity offering a guaranteed lifelong pension.

About this plan

LIC’s New Jeevan Shanti is a Non- Par, Non-Linked, Individual, Savings, Deferred Annuity plan wherein the Policyholder has an option to choose between Single life and Joint life Deferred annuity. The annuity rates are guaranteed at the inception of the policy and annuities are payable post deferment period throughout the life time of Annuitant(s). This is a Non-Par product under which

Key features

✓Single Premium Deferred Annuity plan
✓Two annuity options to suit your needs
✓Flexibility to choose from: - Single Life Annuity and Joint Life Annuity. - Mode of Annuity payments (yearly, half-yearly, quarterly and monthly).
✓Option to take

Plan chart — eligibility

. • In Installment

Under this option the

Figures are indicative and summarised from the official LIC brochure. Please refer to the PDF or contact us for exact, up-to-date terms.

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