Life Insurance Corporation of India (LIC), has launched a new insurance plan named ‘Jeevan Shanthi’ with an intention to provide life-long regular income in the form of pension. Jeevan Shanthi plan is available for individual or joint lives, above the age of 30. The plan provides a unique option of taking either immediate or deferred annuity depending upon the requirement of the individual. Contact the nearest LIC office for details.
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