--- title: Deferred Pension Plan - Guaranteed Passive Income For Life description: LIC International Deferred Future Secure Pension Plan can pay you a Guaranteed Passive Income for life. Download sample plans. image: https://www.financialplanningindubai.com/hubfs/Deferred%20Pension%20Plan%20-%20Guaranteed%20Passive%20Income%20For%20Life%20%281%29.png --- [![Financial_Planning_in_Dubai_logo](https://www.financialplanningindubai.com/hs-fs/hubfs/Financial%20Planning%20in%20Dubai%20Logo_9090-2.png?width=90&height=90&name=Financial%20Planning%20in%20Dubai%20Logo_9090-2.png "Financial_Planning_in_Dubai_logo")](https://www.financialplanningindubai.com/?hsLang=en-gb) - [Home](https://financialplanningindubai.com/) - [Blog](https://www.financialplanningindubai.com/blog) - [Services](https://www.financialplanningindubai.com/services) - [Islamic Investments & Takaful Plans](https://www.financialplanningindubai.com/blog/salama-hyat-plus-takaful-plan) - [Medical Insurance](https://www.financialplanningindubai.com/blog/topic/medical-insurance) - [Free Resources](https://www.financialplanningindubai.com/free-finanical-tools) - Tools - Calculators - [S&P 500 Investment Calculator](https://financialplanningindubai.com/sp-500-investment-calculator/) - [Life Insurance Calculator](https://www.financialplanningindubai.com/life-insurance-calculator) - [SIP Calculator](https://financialplanningindubai.com/sip-calculator/) - [Lumpsum investment calculator](https://www.financialplanningindubai.com/lump-sum-investment-calculator) - [Inflation Calculator](https://www.financialplanningindubai.com/inflation-calculator-uae) - [Net-Worth Calculator](https://www.financialplanningindubai.com/blog/free-personal-balance-sheet-template-networth-statement) - [The Best Budget Planner for Expats](https://www.financialplanningindubai.com/expat-budget-planner) [Book A Discovery Call](https://www.financialplanningindubai.com/meetings/damodhar?hsLang=en-gb) # Deferred Pension Plan - Guaranteed Passive Income For Life ![Damodhar Mata](https://app.hubspot.com/settings/avatar/e63bc971ec29ebe6c012fd042c1a8215) [Damodhar Mata](https://www.financialplanningindubai.com/blog/author/money-mata-aka-damodhar-mata) 22 Jul 2020, 12:02:12 ###### [LIC Pension Plan](https://www.financialplanningindubai.com/blog/topic/lic-pension-plan) ## Guaranteed Pension In a world of extreme economic uncertainty, a dependable source of passive income can provide the necessary stability to your finances. LIC International Deferred Future Secure Pension Plan can pay you a Guaranteed Pension for life. It is an ideal investment if you are looking to create a passive income from 5 to 10 years from now. ![Deferred Pension Plan - Guaranteed Passive Income For Life](https://www.financialplanningindubai.com/hs-fs/hubfs/Deferred%20Pension%20Plan%20-%20Guaranteed%20Passive%20Income%20For%20Life.jpg?width=600&name=Deferred%20Pension%20Plan%20-%20Guaranteed%20Passive%20Income%20For%20Life.jpg) ## Features and Benefits   - Non-Unit Linked – Regular and Dependable Passive income for life - You can also choose to secure a lifelong guaranteed pension for your spouse after you. - An ideal vehicle for legacy planning, your nominees will receive 105-110% of the purchase price on in the unfortunate event of your death  - US Dollar-denominated - Ideal hedge against currency risks - Portable - You can buy then plan when a resident of UAE and continue to receive pension even after moving out of UAE - Surrender Benefit shall be possible before pension start under exceptional circumstances such as the critical illness of the annuitant, loss of a job, children's marriage etc.   | **Particulars** | **Minimum Limit** | **Maximum Limit** | | --- | --- | --- | | Purchase Price | USD 15,000 | No Limit but Subject to Underwriting | | Entry Age | 35 years (Completed) | 72 years (Nearest Birthday) | | Deferment Period | 3 years | 10 years | | Age for starting pension | 40 years (Completed) | 75 years (Completed) | | Mode of Investment | Single Premium | | | Frequency of Pension | Yearly, Half Yearly, Quarterly, and Monthly | |   ## Sample Plans    This plan can be used by both young expats looking to retire early and by veterans planning to retire in a few years. I have created sample plans for the benefit of residents aged 35, 40, 45 50 and 55... Fill the following form and select to download the appropriate sample plan. ## Holistic Financial Planning & Goal Setting As an Independent Financial Advisor, I can help you create a Holistic Financial Plan, set your personal goals and action plan to achieve those. Arrange a Free Financial Planning & Goal Setting session to help you build wealth and set your finances in the right direction [![Click Here to Schedule an Online Meeting](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/2672634/12833bcc-f16c-47a9-bfe1-27bf0de929c2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/2672634/12833bcc-f16c-47a9-bfe1-27bf0de929c2) ![Damodhar Mata](https://app.hubspot.com/settings/avatar/e63bc971ec29ebe6c012fd042c1a8215) [Damodhar Mata](https://www.financialplanningindubai.com/blog/author/money-mata-aka-damodhar-mata) Author, Blogger & Independent Financial Advisor. My goal is to give you actionable tools for creating passive income and building wealth. More than 10,000 expats have already used my ideas to jumpstart their journey towards financial independence. Connect with me to start yours... Share this article on [mailto:?subject=Check%20out%20Deferred%20Pension%20Plan%20-%20Guaranteed%20Passive%20Income%20For%20Life%20&body=Check%20out%20https://www.financialplanningindubai.com/blog/deferred-pension-plan-guaranteed-passive-income-for-life](mailto:?subject=Check%20out%20Deferred%20Pension%20Plan%20-%20Guaranteed%20Passive%20Income%20For%20Life%20&body=Check%20out%20https://www.financialplanningindubai.com/blog/deferred-pension-plan-guaranteed-passive-income-for-life) ##### Read more - [The Real C-Suite – The Only Title That Matters 🏆](https://www.financialplanningindubai.com/blog/breadwinner?hsLang=en-gb) - [The Wealth Secret 99% of Investors Ignore – Will You?](https://www.financialplanningindubai.com/blog/the-iceberg-of-investing?hsLang=en-gb) - [From Risk to Reward? The Shifting Case for China Investing](https://www.financialplanningindubai.com/blog/from-risk-to-reward-the-shifting-case-for-china-investing?hsLang=en-gb) ## Further Reading [![Six crucial differences between Islamic & traditional life insurance.](https://www.financialplanningindubai.com/hs-fs/hubfs/Six%20crucial%20differences%20between%20Islamic%20%26%20traditional%20life%20insurance.%20(350%20%C3%97%20250%20px)-2.png?width=300&name=Six%20crucial%20differences%20between%20Islamic%20&%20traditional%20life%20insurance.%20(350%20%C3%97%20250%20px)-2.png)](https://www.financialplanningindubai.com/blog/differences-between-islamic-traditional-life-insurance?hsLang=en-gb) ##### [Six crucial differences between Islamic & traditional life insurance.](https://www.financialplanningindubai.com/blog/differences-between-islamic-traditional-life-insurance?hsLang=en-gb) For Muslims, Islamic Life Insurance or Takaful Plans are an excellent alternative to traditional... [Read More](https://www.financialplanningindubai.com/blog/differences-between-islamic-traditional-life-insurance?hsLang=en-gb) [![Endowment Policy in UAE - Scope Benefits & Limitations.](https://www.financialplanningindubai.com/hs-fs/hubfs/bigstock--181647265.jpg?width=300&name=bigstock--181647265.jpg)](https://www.financialplanningindubai.com/blog/2016/10/17/endowment-policy?hsLang=en-gb) ###### [Guaranteed Investments,](https://www.financialplanningindubai.com/blog/topic/guaranteed-investments)[Insurance,](https://www.financialplanningindubai.com/blog/topic/insurance)[Investments](https://www.financialplanningindubai.com/blog/topic/investments) ##### [Endowment Policy in UAE - Scope Benefits & Limitations.](https://www.financialplanningindubai.com/blog/2016/10/17/endowment-policy?hsLang=en-gb) An Endowment policy is like a savings plan with life cover. [Read More](https://www.financialplanningindubai.com/blog/2016/10/17/endowment-policy?hsLang=en-gb) [![Essential Benefits Plan or DHA Plan for Dubai Visa holders](https://www.financialplanningindubai.com/hs-fs/hubfs/Imported_Blog_Media/Medical-Insurance-Dubai-e1460617658257-1.png?width=300&name=Medical-Insurance-Dubai-e1460617658257-1.png)](https://www.financialplanningindubai.com/blog/essential-benefits-plan-?hsLang=en-gb) ###### [Medical Insurance companies in Dubai,](https://www.financialplanningindubai.com/blog/topic/medical-insurance-companies-in-dubai)[Medical Insurance Dubai,](https://www.financialplanningindubai.com/blog/topic/medical-insurance-dubai)[Essential Benefits Plan](https://www.financialplanningindubai.com/blog/topic/essential-benefits-plan) ##### [Essential Benefits Plan or DHA Plan for Dubai Visa holders](https://www.financialplanningindubai.com/blog/essential-benefits-plan-?hsLang=en-gb) The Health Insurance Law of Dubai No 11 of 2013 makes it mandatory for all Residents of Dubai to... [Read More](https://www.financialplanningindubai.com/blog/essential-benefits-plan-?hsLang=en-gb) *Damodhar Mata | Your Trusted Financial Advisor in Dubai* ![Damodhar Mata-7-2](https://www.financialplanningindubai.com/hs-fs/hubfs/Damodhar%20Mata-7-2.png?width=119&height=119&name=Damodhar%20Mata-7-2.png) *I can help you grow wealth, gain passive income, and achieve your goals faster and with ease. * **Top Pages** - [Home page](https://www.financialplanningindubai.com) - [Best Life Insurance](https://www.financialplanningindubai.com/best-life-insurance-dubai) - [Best Investment Plan](https://www.financialplanningindubai.com/blog/how-to-invest-in-uae) - [Retirement Planning in the UAE](https://www.financialplanningindubai.com/retirement-planning-in-uae) - [FIRE Early Retirement Guide](https://www.financialplanningindubai.com/blog/early-retirement-in-uae-fire-guide) - [Best Child Education Plan](https://www.financialplanningindubai.com/childrens-education-planning) **Top Blog Posts** - [Financial Planner or Financial Advisor?](https://www.financialplanningindubai.com/blog/financial-planner-or-financial-advisor) - [How to find the Best Financial Advisor](https://www.financialplanningindubai.com/blog/best-financial-advisor-uae) - [Win With Money Challenge](https://www.financialplanningindubai.com/blog/30-days-win-with-money-challenge) - [FIRE guide for expats](https://www.financialplanningindubai.com/blog/early-retirement-in-uae-fire-guide) - [Pay Yourself First](https://www.financialplanningindubai.com/blog/how-expats-in-uae-can-grow-wealth-using-pay-yourself-first-strategy) - [Google Reviews](https://www.financialplanningindubai.com/testimonials-financial-advisor-in-dubai) **Other pages** - [About us](https://www.financialplanningindubai.com/about-us) - [Testimonials](https://www.financialplanningindubai.com/testimonials-financial-advisor-in-dubai) - [Services](https://www.financialplanningindubai.com/services) - [Contact us](https://www.financialplanningindubai.com/contact-us) --- © 2024 Financial Planning in Dubai. All rights reserved. [Follow us on Facebook](https://www.facebook.com/finplandubai/) [Follow us on LinkedIn](https://www.linkedin.com/in/damodhar/) [Follow us on YouTube](https://www.youtube.com/@mytwofils) [Follow us on Instagram](https://www.instagram.com/moneymatadubai) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Damodhar Mata", "url" : "https://www.financialplanningindubai.com/blog/author/money-mata-aka-damodhar-mata" }, "dateModified" : "2020-07-24T10:36:29.308Z", "datePublished" : "2020-07-22T08:02:12.000Z", "headline" : "Deferred Pension Plan - Guaranteed Passive Income For Life", "image" : [ "https://www.financialplanningindubai.com/hubfs/Deferred%20Pension%20Plan%20-%20Guaranteed%20Passive%20Income%20For%20Life%20%281%29.png" ], "mainEntityOfPage" : { "@id" : "https://www.financialplanningindubai.com/blog/deferred-pension-plan-guaranteed-passive-income-for-life", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.financialplanningindubai.com/hubfs/Financial%20Planning%20in%20Dubai%20Logo_9090-2.png" }, "name" : "Financial Planning in Dubai" } } ``` ```json { "@context" : "https://schema.org", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressCountry" : "UAE", "addressLocality" : "Emaar Square, Burj Downtown, Dubai,", "addressRegion" : "Emaar Square", "postalCode" : "124422", "streetAddress" : "Building No 1, 4th floor" }, "alternateName" : "Financial Planning in Dubai | Independent Financial Planner", "logo" : "https://www.financialplanningindubai.com/hs-fs/hubfs/New_logo.png?width=100&name=New_logo.png", "name" : "Financial Planning in Dubai | Independent Financial Planner", "sameAs" : [ "https://www.linkedin.com/in/damodhar/", "https://www.facebook.com/finplandubai", "https://twitter.com/finplandubai", "https://www.instagram.com/moneymatadubai/", "https://www.youtube.com/channel/UC-Zc9NxnCZDw0j_HkTerMWw/videos", "https://in.pinterest.com/finplandubai/" ], "url" : "https://www.financialplanningindubai.com/home01" } ```