LIC
Single-premium plan that pays a pension for life.
An immediate annuity plan. You pay one premium, and the plan starts paying you a regular pension straight away, for life, under the annuity option you choose.
Key points:
• Pay one premium, receive pension for life
• Pension starts immediately
• A choice of annuity options
Who it suits: Retired people or those with a lump sum who want a regular income.
Please note: Benefits, eligibility, premium and terms are as given in LIC's official brochure and policy document. Our Insurance Advisor will explain them to you before you decide.
Insurance Advisor — Phone: 9444466947