Savings: This plan helps in securing future income after retirement by investing a lump sum amount now. Immediate Annuity: Once you pay the premium (a one-time amount), you start receiving a regular ...
Many people start worrying about their pension while still working. To secure their future, many invest in different pension schemes so that after retirement, they won't have to depend on others and ...
The Life Insurance Corporation of India (LIC) introduced the “LIC’s Smart Pension Plan” on February 18, 2025. This non-participating, non-linked, individual/group, savings, and immediate ...
We all know that human life is full of uncertainties, there is no guarantee of what will happen here, so we need to be ...
Life Insurance Corporation of India (LICI) shares continued to rise for the third session in a row on Wednesday, afer the ...
Read on to explore the key features of the plan and whether it would suit your requirements. LIC’s Smart Pension may be a regular immediate annuity product. However, the number of options on ...
Higher Monthly Income: Investing in index or flexi-cap funds can provide significantly higher monthly withdrawals than a ...