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Insurance behemoth Life Insurance Corporation of India (LIC) has launched many attractive insurance products in the year 2023. Here is a list of LIC products that were launched this year.
Getting a deferred annuity plan is a smart move for people who want to make sure they have money coming in regularly when they retire.
These pensioners can conveniently submit their life certificate online by downloading the LIC Jeevan Saakshya mobile app instead of going to a LIC branch to do so.
LIC New Jeevan Shanti Plan is a deferred annuity plan with a single premium that is non-linked and non-participating. At the start of the policy, the plan offers annuity rates that are guaranteed.
LIC's New Jeevan Shanti annuity plan offers deferred lifetime payments and various annuity modes, with a rebate for online purchases.