LIC Pension Plan
Deferred Pension Plan - Guaranteed Passive Income For Life
Guaranteed Pension
In a world of extreme economic uncertainty, a dependable source of passive...
Guaranteed Investments
Future Secure Guaranteed Return Plan (Plan no. 242) is a single payment plan for a fixed period of 3 years from LIC International
Introduction
This plan is ideal if you are looking to park your money for a short period of 3 years, without worrying about capital risks. This plan also provides a guaranteed return as well.
Benefits
Future Secure Guaranteed Return Plan has a basic sum assured of $2500 with flexible one time Top Up facility.
A Guaranteed bonus(presently calculated @$30 for $1000 Per Anum ) on the premium invested is paid on the maturity of the plan
In the event of the death of the insured before the maturity of the plan, the basic sum assured + top-up premium + the vested guaranteed addition till the date of death is paid to the beneficiary.
Features
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Attribute
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Minimum Limit
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Maximum Limit
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Basic Sum Assured
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USD 2500
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USD 500,000
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Top Up Premium
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USD 10,000
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USD 500,000
|
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Age Entry
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15 years (Completed)
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70 years (nearer birthday)
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Age at Maturity
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73 years (nearer birthday)
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Term
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3 Years
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|
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Mode of Premium Payment
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Single Premium
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Policy Loan
You can avail a loan against your policy after completing one year of investment in the plan
Summary
As stated above this plan is ideal if you are looking to park your money for 3 years without capital risk at the same time you want to earn some returns as well.
Free Consultation
To know more about this plan or to help you with a Holistic Financial Plan, arrange a Free Consultation with me.
