Take the worry out of life with LIC pension plan

Easy Premium

Peace of Mind

No need to worry about money after retirement.

Death Benefits

Set for Life

You investment will set your life after retirement.

Good Policy Cover

Regular Income

You will get a regular monthly income after a certain time

Pension Plan

LIC Pension Plan is Important ?

Most people do not view life insurance as an essential part of a pension or retirement income plan. Having the right kind of life insurance plan and the appropriate kind of coverage during retirement will not only protect your income, but also provide tax-free cash flow, help to manage taxes and secure families. LIC Pension plan for senior citizens provide a regular income after retirement.

Why Sould I invest in LIC pension policy?

The main reasons to buy Pension Plan are :

  • To lead and independent life.
  • Not enough govt schemes
  • No private company covers
  • To conconfront inflation
  • Increased life expectancy
  • Financial Stability
  • Guaranteed Income.
  • Early retirement
  • Takes care of family with death benefit claim
  • Option to choose pension to your spouse in the event of death

A pension plan is your friend companion and support in the later years of life

Types of Pension Plans

LIC has various types of pension plans. The various types of insurance plans are listed below:

LIC’s Jeevan Nidhi Plan 918

New Jeevan Nidhi(818) Plan is a conventional with profits pension plan which

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LIC’s Jeevan Shanti Plan 950

This Plan is a non-linked, non-participating, single premium annuity plan wherein the

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LIC’s Pradhan Mantri Vaya Vandana Yojana Plan 942

Pradhan Mantri Vaya Vandana Yojana (Plan No. 942) is a Government subsidized

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