Are you looking for a life insurance plan that provides comprehensive coverage for your loved ones and secures your future? Look no further than the LIC New Jeevan Shanti 858 plan. This plan offers a range of features and benefits that make it the perfect choice for anyone looking for a secure and reliable life insurance plan.
Introduction to LIC New Jeevan Shanti 858 Plan
The LIC New Jeevan Shanti 858 plan is a non-linked, non-participating, single premium, guaranteed return, life insurance plan. This plan provides a range of benefits including death and maturity benefits, along with the flexibility to choose the type of annuity that suits your needs. The plan is available for purchase by individuals between the ages of 30 and 85 years.
Key Features and Benefits of LIC New Jeevan Shanti 858 Plan
The LIC New Jeevan Shanti 858 plan offers a range of features and benefits that make it an attractive choice for anyone looking for a secure and reliable life insurance plan. Some of the key features and benefits of this plan include:
- Guaranteed returns: The plan offers guaranteed returns in the form of annuity payments, ensuring that you receive a fixed income stream for the rest of your life.
- Flexible annuity options: The plan offers a range of annuity options, including immediate annuity, deferred annuity, and a combination of both.
- Death and maturity benefits: The plan offers death and maturity benefits, ensuring that your loved ones are financially secure in the event of your untimely demise.
- Loan facility: The plan also offers a loan facility, allowing you to borrow money against the policy in case of an emergency.
- Surrender value: The plan offers a surrender value, allowing you to surrender the policy and receive a lump sum payment in case of financial difficulties.
Eligibility and Premium Calculation for LIC New Jeevan Shanti 858 Plan
To be eligible for the LIC New Jeevan Shanti 858 plan, you must be between the ages of 30 and 85 years. The premium for the plan is calculated based on your age, gender, and the amount of coverage you require. The premium payment for this plan is a one-time payment, and the minimum premium amount is Rs. 1,50,000.
How Does the LIC New Jeevan Shanti 858 Plan Work?
The LIC New Jeevan Shanti 858 plan is a single premium life insurance plan that offers a range of benefits to policyholders. The plan works by offering a guaranteed return in the form of annuity payments, ensuring that you receive a fixed income stream for the rest of your life. The plan also offers death and maturity benefits, ensuring that your loved ones are financially secure in the event of your untimely demise.
The plan offers a range of annuity options, including immediate annuity, deferred annuity, and a combination of both. The immediate annuity option provides a regular income stream immediately after the premium is paid, while the deferred annuity option provides a regular income stream after a certain period of time.
Comparison with Other LIC Plans
The LIC New Jeevan Shanti 858 plan is a unique life insurance plan that offers a range of benefits that are not available in other LIC plans. The plan offers a guaranteed return in the form of annuity payments, ensuring that you receive a fixed income stream for the rest of your life. The plan also offers death and maturity benefits, ensuring that your loved ones are financially secure in the event of your untimely demise.
How to Buy LIC New Jeevan Shanti 858 Plan?
The LIC New Jeevan Shanti 858 plan can be purchased online or through any of the LIC branches across India. To purchase the plan, you will need to provide your personal details, along with the amount of coverage you require and the premium amount. You will also need to provide the required documents, which include proof of age, identity, and address.
Documents Required for Purchasing LIC New Jeevan Shanti 858 Plan
To purchase the LIC New Jeevan Shanti 858 plan, you will need to provide the following documents:
- Proof of age: This can be in the form of a birth certificate, passport, or any other government-issued document that shows your date of birth.
- Identity proof: This can be in the form of a PAN card, Aadhaar card, or any other government-issued document that shows your identity.
- Address proof: This can be in the form of a utility bill, passport, or any other government-issued document that shows your address.
Frequently Asked Questions about LIC New Jeevan Shanti 858 Plan
- What is the LIC New Jeevan Shanti 858 plan? The LIC New Jeevan Shanti 858 plan is a non-linked, non-participating, single premium, guaranteed return, life insurance plan.
- What are the benefits of the LIC New Jeevan Shanti 858 plan? The plan offers a range of benefits including death and maturity benefits, along with the flexibility to choose the type of annuity that suits your needs.
- How can I purchase the LIC New Jeevan Shanti 858 plan? The plan can be purchased online or through any of the LIC branches across India.
Customer Reviews and Experiences with LIC New Jeevan Shanti 858 Plan
Many customers have shared their positive experiences with the LIC New Jeevan Shanti 858 plan. Customers have praised the plan for its guaranteed returns, flexible annuity options, and death and maturity benefits. Customers have also appreciated the easy process of purchasing the plan and the excellent customer service provided by LIC.
Conclusion and Final Thoughts on LIC New Jeevan Shanti 858 Plan
The LIC New Jeevan Shanti 858 plan is an excellent choice for anyone looking for a secure and reliable life insurance plan. The plan offers a range of features and benefits that make it an attractive option, including guaranteed returns, flexible annuity options, and death and maturity benefits. The plan is also easy to purchase and comes with excellent customer service from LIC. So why wait? Secure your future today with the LIC New Jeevan Shanti 858 plan.