Experts say the policy is good option for those in the upper tax bracket who want higher annuities for their families. (Mint) Summary
The policy only offers subscribers a guaranteed 10% payout of the sum assured annually
New Delhi: Guaranteed income for the lifetime! Sounds enticing, especially when it is from insurance behemoth Life Insurance Corporation (LIC) of India, whose famous tagline in ads ‘jeevan ke saath bhi; jeevan ke baad bhi, has influenced generations to buy a policy. Many of its polices continue to be popular, be it Jeevan Umang or Saral Pension, for its multiple benefits—so much […]
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