LIC Jeevan Shanti plan
In today’s fast-paced world, financial security is a top priority for individuals looking to secure their future and their family’s well-being. The Life Insurance Corporation of India (LIC) has been a trusted name in insurance for decades, providing a wide range of policies tailored to different needs. One such plan that stands out is LIC Jeevan Shanti, an annuity plan designed to offer lifelong financial stability.
If you are looking to buy a fixed monthly income policy, LIC Jeevan Shanti is a prudent choice due to its unique benefits, including a three-generation advantage and guaranteed returns. Call 9886568000 for more information.
Buy LIC Jeevan Shanti plan, Call 9886568000
What is LIC Jeevan Shanti?
LIC Jeevan Shanti is a single premium annuity plan that offers both immediate and deferred annuity options. This means that policyholders can start receiving regular payouts immediately after purchasing the plan or defer the annuity to start at a later date, ensuring a steady income in the future.
This policy is specifically designed for individuals who want financial security for themselves and their loved ones, making it an excellent choice for retirement planning, pension requirements, or legacy creation.
Key Benefits of LIC Jeevan Shanti plan
- Guaranteed Returns: The policy ensures a fixed, regular income for life, eliminating market risks and providing financial security.
- Single Premium Payment: A one-time premium payment allows policyholders to avoid recurring financial commitments while securing a lifetime income.
- Flexibility in Annuity Options: The plan provides various annuity options, including single-life and joint-life annuities, allowing individuals to choose what best fits their needs.
- Multiple Payout Options: Annuity payouts can be received monthly, quarterly, half-yearly, or annually.
- Loan Facility: Policyholders can avail of a loan against the policy after a certain period.
- Return of Purchase Price: Certain annuity options offer the return of the premium amount to the nominee in case of the policyholder’s demise.
Three-Generation Advantage
One of the unique features of LIC Jeevan Shanti is its ability to provide financial benefits across three generations:
- For the Policyholder (First Generation): The policyholder enjoys guaranteed lifetime income, ensuring financial independence during retirement or post-retirement years.
- For the Spouse (Second Generation): In joint-life annuity options, the spouse continues to receive the annuity after the policyholder’s demise, ensuring uninterrupted financial support.
- For Children/Legal Heirs (Third Generation): Certain options allow the return of the purchase price to the nominee, benefiting children or legal heirs, ensuring wealth transfer across generations.
This multi-generation advantage makes LIC Jeevan Shanti an ideal wealth preservation and succession planning tool, ensuring that financial security extends beyond just the policyholder.
Why should I not buy LIC Jeevan Shanti online?
With digital advancements, buying an LIC policy online has become easier, more convenient, and time-saving.
Buying LIC Jeevan Shanti online can be risky if not done through LIC’s experienced agents. Online scams and frauds are increasing, with fake and fraudulent websites tricking users into making payments to illegitimate accounts. Sharing OTPs, bank details, or personal information with unknown sources can lead to identity theft and financial losses. Fraudsters often pose as LIC officials or representatives try to mislead buyers. To stay safe, ask the LIC Agent to visit your place, when doing online, verify the website’s authenticity, avoid third-party links, and never share sensitive details. Purchasing from an LIC authorized agent ensures transparency, security, and genuine policy issuance. Stay cautious!
Who Should Buy the LIC Jeevan Shanti Plan?
- Retirees looking for a steady pension income.
- Individuals with a lump sum corpus who want to invest in a low-risk, guaranteed income option.
- People planning for their spouse’s financial security after their demise.
- Parents looking to create a legacy for their children and future generations.
Conclusion
LIC Jeevan Shanti is a reliable, secure, and beneficial annuity plan that ensures a stable financial future. With its guaranteed returns, three-generation benefits, and flexible options, this policy stands out as an ideal choice for individuals seeking financial security for themselves and their families. Buying the policy online further enhances the experience by providing ease, transparency, and instant processing.
If you are planning to invest in a policy that ensures lifetime financial stability while securing your loved ones, LIC Jeevan Shanti is the perfect plan for you.