Here are three annuity plans offered by LIC which can take care of your post retirement financial needs. LIC Jeevan Akshay VII (Plan No 857, UIN: 512N337V04), New Jeevan Shanti (Plan No. 858, UIN: ...

Launched as a Standard Immediate Annuity plan the scheme is one of the best available options in the market for post-retirement financial needs. To subscribe this plan, the insured person needs to pay ...

Industry behemoth LIC (Life Insurance Corporation) rolled out a saral pension plan on August 30. It is an immediate annuity product that pays out a pension for life after payment of a single premium.

When it comes to insurance, many people trust LIC with their money. Even now, when people think of retirement planning, they look at LIC. And if you are thinking of buying an annity plan from LIC that ...

Introducing the LIC Saral Pension Plan, according to the Life Insurance Corporation of India this scheme is a simple and secure way to plan for your retirement. This immediate annuity plan provides a ...

New Delhi, Jul 15 (PTI) The Supreme Court Monday refused to entertain an organisation's plea which alleged that the Life Insurance Corporation (LIC) misled and cheated lakhs of its consumers through ...

The Life Insurance Corporation of India has recently rolled out its Saral Pension, a standardised non-linked, non-participating immediate annuity plan that all life insurers have to offer. Several ...

The PIL had alleged mass cheating by Life Insurance Corporation of India (LIC) through its Jeevan Saral policyIt was alleged by the petitioner that the Jeevan Saral Policy holders have been misled and ...

The state consumer commission has directed LIC to pay maturity value of Rs 2.5 lakh to an LIC Jeevan Saral policy holder after the insurance company denied the same and claimed that Rs 2.5 lakh ...