LIC plans / Pension Plans
LIC’s Saral Pension
A simple single-premium annuity for life with return of purchase price on death.
What this plan gives you
The main features in plain words. The official brochure is the final word on every figure.
- Only two options, easy to choose
- 100% purchase price returned on death
- Joint life option for spouse
- Loan available
- Surrender only on specified critical illness
How the plan runs
Eligibility and plan limits
A quick reference before you discuss a proposal. Underwriting and channel conditions apply.
| Plan detail | As per summary |
|---|---|
| Plan number | 862 |
| UIN | 512N342V05 |
| Category | Pension Plans |
| Entry age | 40 years (completed) minimum |
| Policy term | Immediate annuity (no deferment) |
| Premium paying term | Single premium |
Questions families ask
What is the entry age?
40 years (completed) minimum
What are the policy term and premium paying term?
Policy term: Immediate annuity (no deferment). Premium paying term: Single premium.
Will the amounts always be paid exactly as shown here?
This page is a summary. Actual benefits depend on the policy terms, premium payment status, the options chosen, underwriting and LIC’s official benefit illustration. The official brochure is the final word.
Want this explained in plain words?
Read LIC’s official brochure, compare the options, and I will help you choose what fits your family.
This page is a summary. Benefits, eligibility and premiums can change: the official LIC brochure for the plan is the final word, and I will confirm current terms for you.