Medical Insurance companies in Dubai, Medical Insurance Dubai, Essential Benefits Plan
Essential Benefits Plan or DHA Plan for Dubai Visa holders
The Health Insurance Law of Dubai No 11 of 2013 makes it mandatory for all Residents of Dubai to...
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.
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
