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Product Information
Founded in 1956, Life Insurance Corporation of India (LIC) is the largest life insurance company in the country with a total income of Rs. 492626.60 crore and total assets worth Rs. 2572028.34 Cr It’s fully owned by the Government of India & is also the county’s largest investor.
Understand Life Insurance
Dhan Sanchay
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New Money Back Plan 25 Years
New Money Back Plan
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Dhan Rekha
New Pension Plus
SIIP
Nivesh Plus
New Endowment Plus
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Plan No. 842
A New Guaranteed Pension Plan for Senior Citizens
This plan is Exclusively Designed for Senior Citizens
Guaranteed Pension offered by Govt. of India
Pension starts Immediately
Pension can be opted through Yearly, Half Yearly, Quarterly and Monthly mode
Life Cover equivalent to Purchase Price
Loan is Available after completion of 3 Years
Guaranteed Maturity at the end of the Term
Option of Premature Exit in case of any Critical Illness
This Plan is exempted from Service Tax
Eligibility Criteria
Min.
Max.
Age
60 Years (Completed)
No Limit
Term
10 Years
10 Years
Pension
Rs.1000 Monthly
Rs.3000 Quarterly
Rs. 6000 Half-Yearly
Rs.12,000 Yearly
Rs.10000 Monthly
Rs.30000 Quarterly
Rs.60000 Half-Yearly
Rs.1,20,000 Yearly
Pension Modes Available
Yearly, Half-yearly, Quarterly & Monthly
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