Manoj Rathi
Wealth Manager
+91 9422830224
lic@manojrathi.in

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Plan No. 850

Benefits:

• Pay Single Premium and get Guaranteed pension for Lifetime
• Choose from
  1. Immediate pension or deferred pension options
  2. Joint life pension or increasing income every year
  3. Death benefit in lumpsum or in yeraly installments
• Loan availability after completion of 1 year
• Tax Benefit on premiums paid u/s 80C

Product Info:

• Jeevan Shanti is a Single Premium Payment plan with guaranteed pension for lifetime
• It has multiple options of taking pension from joint life pension for lifetime or increasing pension every year
• The pension can be commenced immediately, or it can also be deferred
• Guaranteed Bonus which will be added every month to the policy
• The loan is available after the completion of 1 Year
• The NPS subscribers can also opt for this pension plan
• Death benefit can be availed in lumpsum or in installments
• The policy holder will get the tax benefit u/s 80C

Eligibility Criteria
	Min.		Max.
Purchase Price	Rs.1,50,000/-		No Limit
Pension	Rs.1,000 Monthly Rs.3,000 Quarterly Rs.6,000 Half-Yearly Rs.12,000 Yearly		No Limit
Age	30 Years (Last Birthday)		Immediate Pension 85 Years except Option F 100 Year for Option F Deferred Pension 79 Years
Deferment Period Applicable only for Deferred Pension	1 Year		20 Years
Vesting Age Applicable only for Deferred Pension	31 Years		80 Years

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