LIC New Jeevan Shanti Plan: Although there are many unknowns in life, we can protect our loved ones’ and our own futures by making the appropriate plans. That is precisely what LIC’s New Jeevan Shanti Plan is here to provide: a strong financial safety net paired with alluring benefits that open the door to a worry-free tomorrow. Check Benefits Here
Guaranteed Returns
The New Jeevan Shanti Plan’s assurance of guaranteed returns is one of its most alluring aspects. You can feel secure in the knowledge that your investment will generate consistent returns, offering financial stability for years to come, regardless of whether you choose an immediate or deferred annuity.
Flexible Payout Options
There is no flexibility like this one in this plan. With so many payout options available, such as deferred annuity, immediate annuity, or a combination of both, you can customize the plan to meet your specific needs and financial objectives.
Lifetime Income
Retirement planning can be intimidating, but with New Jeevan Shanti, you can live a long life with a reliable income. Regardless of the number of premiums you choose, the plan guarantees a comfortable living long after retirement.
Tax Benefits
The New Jeevan Shanti Plan offers tax benefits under Sections 80C and 10(10D) of the Income Tax Act, 1961 in addition to future security. This implies that you are optimizing your tax savings in addition to creating a stable future.
Loan Facility
Unexpected events can give rise to emergencies. You can access funds against your policy through the loan facility provided by the New Jeevan Shanti Plan, guaranteeing financial stability in difficult circumstances.
Death Benefit
Should the policyholder pass away, the plan pays a death benefit to the designated beneficiary, protecting the family financially and guaranteeing their well-being even when the insured is not around.