LIC Of India

It is similar to Jeevan Chhaya plan if it is mixed with Profit Plan, but the advantage is that the minimum term is 5 years whereas in Jeevan Chhaya, minimum term is 18 years. This plan is suitable for person who want to provide funds for children’s education/marriage and other needs. This plan will cater to the needs of wide range of age group of children.

Table 147 & 148 -DEFERRED ANNUITY PLAYS w.e. f    1-2-2002 This  is a with profit pension plan suitable for everyone who wants to provide regular financial security for their family. The Plan is suitable for employees, businessmen & retired persons. CONDITIONS FOR ELIGIBILITY: 1. MIN AGE AT ENTRY                                            :18 YEARS (L.b.d.) 2. MAX AGE AT [...]