- Jeevan Shanti is a Single Premium Payment plan with guaranteed pension for lifetime
- It has multiple options of taking pension from joint life pension for lifetime or increasing pension every year
- The pension can be commenced immediately, or it can also be deferred
- Guaranteed Bonus which will be added every month to the policy
- The loan is available after the completion of 1 Year
- The NPS subscribers can also opt for this pension plan
- Death benefit can be availed in lumpsum or in installments
- The policy holder will get the tax benefit u/s 80C
- Jeevan Akshay is a single Premium Annuity Plan giving Immediate Annuity for Life time.
- It has multiple options to choose from including increasing pension every year.
- You can opt for Joint Life option
- Loan is available after completion of 3 months
- NPS subscribers can also opt for this pension plan
- Death Benefit can be obtained in Lump sum or in the form of Annuity
- Benefit to Dependent Person with Disability
- Policyholder will get Tax Benefit under sec 80C