As the name suggests, LIC pension plans are designed to provide income and stability in old age when you can not work as efficiently or you are retired. As a senior citizen you can enjoy the life in same way and enjoy all the good things. The financial part can easily be taken care by these plans.
Anyone can take pension plans when they are still earning. LIC will pay the pension through out the lifetime of the policy holder. you can choose to pay the premium as a lump sum or by paying regular premiums.
You can also decide on the mode of payment of the pension as yearly, half yearly, qaurterly or even monthly. This makes them very flexible choice for everyone.
Some of the popular plans under this category are –
LIC Jeenan Akshay-6
Varistha Pension Bima Yojana
LIC New Jeevan Nidhi
To know more about these plans and how can they benefit you, you can just leave a query or call us at 991-000-2694