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LIC ANNUITY
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...- LICs Smart Pension Plan: What is it and other important FAQs for your retirement planningLIC Smart Pension Scheme 2025: LIC has introduced the Smart Pension Plan, a non-linked, non-participating annuity plan offering liquidity o...
- LIC’s Smart Pension Plan: Key features, eligibility, annuity options, death benefits and moreLIC has introduced the Smart Pension Plan, offering flexible annuity options and secure income streams for retirees. The plan is designed f...
- LIC Jeevan Dhara II policy launched: New annuity plan with guaranteed income; know detailsLIC Jeevan Dhara II: Life Insurance Corporation of India (LIC) has launched a new annuity plan with guaranteed income. The minimum entry ag...
- LIC Jeevan Akshay-VII annuity plan for monthly pension: Check eligibility, benefitsLIC Jeevan Akshay-VII is a non-linked, non-participating individual instant annuity plan. This plan is available for offline and online pur...
- How SBI Annuity Deposit Scheme scores against SCSS, POMIS and LIC annuity schemeSBI Annuity Deposit Scheme offers a good way to generate high regular monthly income. This product appears attractive, especially to senior...
- LIC hikes payout under New Jeevan Shanti annuity scheme; details hereThe modified version of this plan with higher annuity rates will be available for purchase on January 5, 2023. The incentive to pay higher ...
- LIC increases annuity rates of Jeevan Akshay VII, New Jeevan Shanti with effect from Feb 1The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb 2022. The annuity amount under both...
- LIC’s Saral Pension scheme launched: Who can buy, how much regular income you will get, other detailsLIC Saral Pension is a non-linked, non-participating plan. The buyer needs to buy this annuity with a single premium after which the annuit...
- LIC pension policyholders can submit life certificate via emailLIC has also has relaxed the death claim settlement process. To allow speedy settlement of death claims in the prevailing situation where d...
- Is the LIC annuity from employer superannuation scheme eligible for standard deduction?Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
- Nimble private insurers chip away at LIC’s leadLIC’s market share by way of adjusted premium equivalent has fallen from 53 per cent in FY16 to 48 per cent in the second half of FY19.
- Find out which annuity option suits you the bestLaunch of LIC's annuity plan, rising rates have reignited interest in annuities. Here are 5 plans offered by LIC, SBI Life, ICICI Prudentia...
- The LIC story: A monopoly with no sell-by dateThanks to the trust the name it evokes, LIC's dominance remains. But it needs to improve returns, invest in technology, and be innovative t...
- Should you buy annuities when rates are high? These 6 factors will help you decideInsurance companies usually review their annuity rates on a monthly basis, so the reduction may happen at the beginning of next month.
- Tax-free bonds better, stay away from annuities, say expertsLow annuity rates offered by insurance companies are torpedoing Jaitley’s ‘pensioned society vision’. And most experts are asking investors...
- LIC offering 1% higher returns for online purchaseLife Insurance Corporation of India (LIC) has made available online its immediate annuity plan offering a 1% higher return for online purch...
- Forcing customers to buy annuities from the same insurer isn't the way to derisk LICThe insurance regulator Irda wants a customer to buy an annuity from the same insurer who sells the pension plan.
- LIC-UP Govt tie up on annuity payment for land acquisitionFor uninterrupted payment to farmers against land acquisition the UP government on Monday decided to adopt the Group Flexible Income Plan o...
- IRDA working to reduce future risk for LIC saddled with of growing annuity payoutsThe Insurance Regulatory and Development Authority may make it mandatory for private insurers to sell annuity plans to their customers.
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