LIC's NEW JEEVAN NIDHI is a deferred pension plan which is launched on recently.
** New Jeevan Nidhi also provides a risk cover during the deferment period.
** The USP of the New Jeevan Nidhi plan being the pension can commence at 55 years.
** The premiums paid are exempt under Section 80CCC of Income Tax Act.
• * Life Protection..! Life Insurance Cover upto Date of Vesting
• * Pension.. ! Option To purchase an Immediate Annuity (0r) To purchase New Single Premium Deferred Pension Plan
• * Guaranteed Additions..!
For the first 5 years at Rs.50 per 1000 Sum Assured
• * Participation in Profits~ After 6th policy year, benefit of Vested Bonus and Final Additional Bonus.
• * Flexibility..! Premium Payment Frequency - Single Premium, Yearly, Half-yearly, Quarterly, Monthly( ECS / SSS)
• * Customization..!
Option for Accident Benefit Rider under Regular Premium Policies only
Age Eligibility : 20 to 60 years
Policy Term: 5 to 35 years
Vesting Age : 55 to 65 years
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