Pension Plus FOR YOUR LIFE AFTER RETIREMENT

HAVE YOU PLANNED FOR YOUR LIFE AFTER RETIREMENT

•REGULAR INCOMREGULAR INCOME
•HEALTHCARE/MEDICAL
•LIVING WITH DIGNITY
•INFLATION
•LOVE AND CARE
•WIFE’S NEEDS
•GIFTS TO GRAND CHILDREN
•SOCIAL LIFE/HOLIDAYS

ECONOMIC SURVEY

Average monthly expenditure per family per montAverage monthly expenditure per family per month

In 1920 Rs. 1/-
In 1940 Rs. 10/-
In 1960 Rs. 100/-
In 1980 Rs 1000/-
In 2000 Rs 10,000/-
In 2020 Rs. 100,000/-
In 2040 Rs 10,00,000/-

What kind of planning have you done for receiving every month in between 2030 to2050 your GOLDEN RETIREMENT PERIOD

PLAN TODAY FOR BETTER TOMORROW

Am I in the right types of investments?

―Will I outlive my money
―Will my investments keep up with inflation?
―Have I saved enough?
―What will my retirement expenses be?
―How much can I withdraw each month once I’m retired?

Don’t put all your eggs in one basket!

Diversify your portfolio
Art
Bank Deposits
Bonds
Commodities
Equity Shares
Gold & Jewellary
Government Securities
Insurance
Mutual Funds
Real Estate
Structured Products Asset class

LIC’s Pension Plus is a unique ULIP plan where the
minimum rate of interest is guaranteed. This plan is
excellent investment towards essential long term
financial planning.

Pension Plus is in compliance with
the current IRDA norms. Pension
Plus is truly an innovative plan that
suits your needs just too perfectly.

The features of the LIC Pension Plus

Rate of Interest applied to gross premium.

•Being Market Linked, the plan has possibility of
getting excellent returns.

•Due to minimum interest guarantee, you are
protected against fluctuation of interest due to policies
of the government in the distant future.

•A unique Unit Linked Pension Plan with guarantee
on the minimum rate of interest.

Free switching between funds two times every year
and at a very nominal fee thereafter.

Choose any one of the 2 funds i.e. Debt (Low Risk) & Mixed (Medium Risk) Fund

Top-ups facility – additional premium can be paid at

anytime to invest in the funds with no upper limit.

Benefit on Maturity :

1.Option to commute
1/3rd. of the Maturity
Proceeds.

Compulsory purchase of
Annuity ensures
channelisation of funds for
specific purpose.

1.Annuity purchased from
Fund Value or Guaranteed
Maturity Proceeds
whichever is higher.

Benefit on death – Fund Value. Nominee has the
option to receive the amount in lump Sum or as
Annuity.

Convenient modes of payment, Single Premium mode
also available.

No surrender charges will be imposed after 5 yrs.

Payment of Premiums:

You may pay premiums
regularly at yearly, half-yearly
or quarterly or monthly
(through ECS mode only)

intervals over the term of the
policy. Alternatively, a Single
premium can be paid.

A grace period of 30 days will
be allowed for payment of
yearly or half-yearly or quarterly
premiums and 15 days for
monthly (through ECS)
premiums.

Minimum Premium -

Regular premium (other than monthly (ECS) mode) : Rs. [15,000] p.a.

Regular premium (for monthly (ECS) mode) : Rs. [1,500] p.m.

Single premium: Rs. [30,000]

Maximum Premium -

Regular premium : Rs. [1,00,000] p.a.

Single premium: No Limit

Annualized Premiums shall be payable in multiple of Rs. 1,000 for other

than ECS monthly. For monthly (ECS), the premium shall be in multiples

of Rs. 250/-.