LIC Jeevan Shanti plan is a one time premium plan to buy annuity. After the payment of premium, LIC will pay a pre fixed pension amount on regular interval of time for the rest of your life.
The policy holder has the option to choose death benefit in this plan. This means on the death of the policy holder the purchase price will be returned to the nominee.
This pension plan offers options of immediate annuity and deferred annuity. Under immediate annuity, pension starts immediately and under deferred annuity, the pension starts after a certain number of years.
There is a free look period of 15 days. If the policy holder is not satisfied with the terms and conditions then the policy can be cancelled and returned to the corporation.
Leverage specialized underwriters and international experts unique for each line of business.
Works with all the leading insurers to discover the best price for most comprehensive features.
Get cover note issued within 24 hours. All service requests are resolved in pre-defined TATs.
Manage all aspects of claim including insurer, surveyor & TPA co-ordination, and documentation.
Receive risk diagnostic reports, themographic studies, policy analysis, and wellness programs.
Access your insurance policies through single login; service requests, MIS, and renewal alerts.