LIC's New Jeevan Shanti

Non-linked, non-participating, individual, single premium, deferred annuity plan for guaranteed future pension.

Why Choose This Plan?

LIC's New Jeevan Shanti lets you lock in a guaranteed pension payout rate today, with the pension starting at a future date you choose. Pay once, and from your chosen vesting date you receive a guaranteed monthly/annual pension for life — regardless of how much interest rates change in the future. This is particularly valuable in a falling interest-rate environment where traditional FDs cannot guarantee future rates. It is the anchor product for retirement planning among BrightLife's clients.

Frequently Asked Questions

Eligibility criteria vary based on age, medical history, and specific plan requirements. Contact our advisors for a detailed assessment of your eligibility.

The claim process is simple and hassle-free. You can initiate a claim through our online portal, or by contacting our customer support team with the required documentation.

Yes, premiums paid towards this insurance plan may be eligible for tax deductions under relevant sections of the Income Tax Act. Please consult with a tax advisor for specifics.

LIC's New Jeevan Shanti