Jeevan Shanti Plan – 758

The Jeevan Shanti Plan (758) is a non-linked, single-premium annuity plan by LIC designed to provide lifelong guaranteed pension. By paying a one-time premium, the policyholder secures long-term financial independence with stable annuity payouts, ensuring peace of mind during retirement.

• Single Premium Plan: Pay once and enjoy guaranteed lifelong income.
• Immediate or Deferred Annuity: Choose to start your pension right away or after a chosen period.
• Lifelong Income: Ensures stable, guaranteed annuity throughout your lifetime.
• Multiple Annuity Options: Includes single-life, joint-life, increasing annuity, and return-of-purchase-price options.
• Guaranteed Rates: Annuity rates are locked in at the time of purchase—no market risk.
• Suitable for Retirement Planning: Ideal for individuals seeking financial stability post-retirement.
• Loan Facility: Available under specific options after a lock-in period.
• Death Benefit: Depending on the chosen option, nominee may receive return of purchase price.
• No Medical Tests: Hassle-free policy without health check requirements.
• Tax Benefits: Eligible deductions under Section 80C (subject to tax laws).