x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   40.31 % votes polled till 1 PM across J&K | 23.67 % votes polled till 11 AM across J&K | Voters come out to vote despite severe cold | Jammu boys raise Rs. 2 lakh to donate mobile devices to needy students | Young Kashmiri artist inspires all who dream of acting in Bollywood films, web series | BJP turns blind eye towards concerns of people: Goyal | GCW Parade organises online Intra-college Quiz competition | GDC Billawar organizes series of Manodarpan programmes | Rotract Club organizes blanket, clothes donation drive | Adbi Kunj conducts special Meet on Guru Nanak Birthday | Polling staff reaches at polling stations, security beefed up in Banihal | GDC Surankote organises webinar on Mental Health Illness | 551st birth anniversary of Guru Nanak Dev Ji celebrated | Udhampur: 135 Polling Parties dispatched for phase-II DDC polling | Phase II: 8 candidates in fray for Bari Brahmana-A &B DDC seat | Pvt schools violate MHRD guidelines: Raja Muzaffar | BMS to hold demonstration against mismanagement in EPF, ESI | Gurupurab celebrated with religious fevour, gaiety in Kashmir | PCCF inspects CAMPA works in Samba, Kathua districts | Phase-II DDC elections: 115 Polling parties deployed for Mahanpur, Mandli | DPEO inspects poll arrangements in remote areas | Miscreants demolished shed at Shamshaan Ghat Bhour Camp: SEWA | Vote to BJP candidate is vote to PM Modi: Vidya Motton | People stage protest against water crisis | Apni Party will struggle for empowerment of people: Bukhari | Remote Photoksar hamlet of Ladakh gets electricity for first time | JeM militant associate arrested, cash to ‘purchase weapons’ seized in Kupwara | Abdullah-Mufti families allowed ‘’terror to flourish’’ in J-K: Anurag Thakur | BJP will clean sweep DDC polls: Kavinder | J&K people should get rid of Abdullah-Mufti gang: Chugh | SSP Traffic reviews traffic arrangement’s for Gurupurab | Temple darshan in Jammu via ropeway, IIT nod for phase 2 | Pak ‘fighter jet’ seen flying near LoC in Poonch | No traffic on Mughal road, only one-way traffic on Kashmir highway | 2 RDD employees suspended | Frustrated after Parra’s arrest, Mehbooba playing communal card | Former IAS officer lobbies for appointment with BJP brass | My daughter giving me death threat; alleges Shehla Rashid’s father | Hospitals, Govt buildings without fire-fighting equipment in Anantnag | VIP Raj eating JK’s governance to core | Following 483 fresh recoveries COVID-19 recovery rate in JK reaches 93.95%, 370 new cases | Home secretary writes to states, UTs over fire incidents in hospitals, nursing homes | Traffic jams, poor condition of Jmu-Sgr NHW give sleepless nights to commuters | Munish Gupta asks government to step in & solve problems of residents | Transporters fleecing passenger in covid-19 in Poonch & Rajouri districts | Measures taken to prevent attacks on security forces in Kmr, say top security officials | Mehbooba turns others mute | ONLINE COURSES HELP TECHNICAL EDUCATION NOW -A- DAYS | Potential of Agro-ecotourism in J&K | Dark deeds under “Roshni” | BJP responsible for farmers' plight: Bhardwaj | Pak continues ceasefire violation along IB in Kathua | IGP Jammu greets people on Gurupurab | HC stays proceedings in bail application | One-way traffic restored to Gurez after 15 days | Govt institutes Panchayat Awards for best performing gram, Block, District Panchayats | J&K all set for 2nd phase of DDC elections; 321 candidates in fray: SEC Sharma | Covid-19 outbreak likely to worsen during winter months, says flue experts | Back Issues  
 
news details
LIC launches New Jeevan Shanti (Deferred Annuity plan)
10/24/2020 11:37:09 PM
Early Times Report
JAMMU, Oct, 24: Life Insurance Corporation of India has introduced LIC's New Jeevan Shanti plan which is a Non-Linked, Non-Participating, Individual, Single Premium, Deferred Annuity Plan.
The annuity rates are guaranteed at the inception of the policy and annuities are payable post deferment period throughout the life time of Annuitant(s). This plan can be purchased offline as well as online from 21st October 2020.
Two Annuity options are available under the plan.
Option 1 Deferred annuity for Single life: After Deferment period, the annuity payments, as per the chosen mode, shall be made in arrears for as long as the Annuitant is alive. In case of unfortunate death, during or after Deferment period, Death benefit will be payable to nominee of the annuitant.
Option 2 Deferred annuity for Joint life: After Deferment Period, the annuity payments, as per the chosen mode, shall be made in arrears for as long as the Primary Annuitant and/or Secondary Annuitant is alive. On death of the last survivor, during or after deferment period, the death benefit will be payable to the nominee.
The joint life annuity can be taken between any two lineal descendant/ascendant of a family (i.e. Grandparent, Parent, Children, Grandchildren) or spouse or siblings.
The Minimum Purchase Price is Rs 1,50,000 (subject to minimum annuity criterion.) The modes of annuity available are yearly, half-yearly, quarterly, and monthly. The minimum annuity is Rs 12,000 per annum. There is no ceiling on Maximum Purchase Price. An Incentive for Purchase price of Rs 5,00,000 and above is available by way of increase in the annuity rate. The plan is available for ages from 30 yrs to 79 yrs. The Minimum Deferment Period is 1 year and Maximum Deferment Period 12 years subject to Maximum Vesting Age (80 yrs).
The plan can also be purchased for the benefit of Divyangjan (Handicapped Dependant) with minimum Purchase Price of Rs 50,000. Loan facility is also available under this plan. There is also a provision for immediate liquidity in case of dire need as the policy can be surrendered at any time during the policy term.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU