The policyholder has the flexibility to decide on the deferment period and how long they want to receive annuity payouts.

LIC New Jeevan Shanti Plan (758) is one of the annuity payout plans from Life Insurance Corporation of India (LIC). The non-market-linked annuity plan provides regular monthly, quarterly ...

In terms of Section 28B of the Life ... the Corporation also introduced modified versions of four (4) Individual Products viz. LICs Cancer Cover, LICs Dhan Vriddhi, LICs New Jeevan Shanti, LICs ...