IRDAI has issued Guidelines on Standard Individual Immediate Annuity Product, “Saral Pension” vide which all life insurers are directed to offer a Standard Individual Immediate Annuity Product mandatorily. The plan features and parameters under this product have been prescribed by the
In view of the above, it has been decided to introduce LIC’s SARAL PENSION (Plan No. 862) with effect from 1st July, 2021.
This plan can be purchased online as well as offline including through POSP-LI
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