LIC New Jeevan Shanti Pension Plan No. 858 is a deferred annuity plan. We will review the details about this plan in this video and also do an Honest review about its returns. It is an individual single premium plan and so you need to pay premium just once. You can defer annuity for up to 12 years. This plan gives guaranteed return on your investment so you receive fixed annuity amounts at the end of deferral period.
Benefit Options under this plan are -
Deferred Annuity for Single Life
Deferred Annuity for Joint Life
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Chapters
00:00 - Start
00:30 - About the Plan
03:47 - Difference from Old Plan
04:29 - Option 1 - Single Life
05:41 - Option 2 - Joint Life
07:47 - Death benefit
09:27 - Illustration
11:00 - Excel Calculation
13:20 - Should you buy?
15:29 - Other Options
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Category - Education
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