LIC’s Jeevan Shanti Scheme The Life Insurance Corporation of India recently launched a new pension plan – Jeevan Shanti. LIC says on its official website: “This is a single premium plan wherein the Policyholder has an option to choose an Immediate or Deferred annuity.” “The annuity rates are guaranteed at the inception of the policy … Continue reading LIC’s New Single-Premium Pension Plan- Jeevan Shanti