LIC Saral Pension Policy: We’re going to inform you today about a fantastic LIC scheme. The LIC Saral Pension Plan is the name of this LIC program.

You can obtain a pension for a lifetime by making a single investment in this scheme. The LIC Saral Pension Scheme is a standalone, non-linked plan.

In the LIC Saral Pension Yojana, benefits are offered both singly and jointly. If you create just one account under this plan.

In this case, you will receive pension benefits for the rest of your life. if the insurance holder passes away in between.

In this instance, the nominee receives a refund of the base fee. As opposed to if you create a joint account.

However, if the husband passes away in between.  In this case, the wife is eligible for a pension. In addition to this, if both people pass away in the joint account.

In this instance, the nominee receives a refund of the base fee.

You need to invest your money in the LIC Saral Pension Plan only once. You then receive the advantage of a lifetime pension.

You can only receive the pension benefit in this after paying the policy’s premium.

This is a middle-level annuity contract.

If you are aged between 40 and 80. You can invest in this plan in such a scenario. You can also close your account in this inside six months.

You receive the same advantages from LIC Saral Pension Yojana investments as you would from a fixed deposit.

You can receive a pension under the LIC Saral Pension Plan on a monthly, quarterly, half-yearly, or annual basis.

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