Invest Once, Earn Every Month for Life

LIC’s New Jeevan Shanti Policy is emerging as a popular retirement solution for individuals seeking a guaranteed and stable source of income after retirement. The plan allows policyholders to make a one-time investment and receive a lifelong pension. It is available under both Single Life and Joint Life options, ensuring financial security for individuals as well as married couples. The invested amount is also returned to the nominee after the policyholder’s demise.

For example, a 45-year-old investor who deposits ₹10 lakh and chooses a 12-year deferment period can receive an annual pension of around ₹1.42 lakh from the age of 57, translating to nearly ₹11,400 per month. The policy is available for individuals aged 30 to 79 years, with a minimum investment requirement of ₹1.5 lakh and no upper investment limit.