LIC’s New Jeevan Nidhi Policy is a conventional with profits pension plan. Plan no. 812 covers death during the deferment period and offers annuity on survival to the date of vesting. Death Benefit: Death within 5 policy years: Basic Sum Assured plus accrued Guaranteed Addition would be paid as lump sum or in the form of an annuity… Read More »
LIC’s Pension Plus is a unit linked deferred pension plan, which provides you a minimum guarantee on the gross premiums paid. The plan is without any life cover.