Unveiled by LIC Chairman Siddhartha Mohanty, the new Jeevan Dhara II plan offers a non-participating, individual savings, deferred annuity option. The plan provides life cover during the deferment period and boasts a higher annuity rate at advanced ages.
Non-Participating Plan: The newly launched plan is a non-participating one, providing policyholders with unique benefits.
Loan Facility: Policyholders can avail a loan facility during or after the deferment period, particularly under annuity options with a return of premium/purchase price.
The Jeevan Dhara II plan is set to go on sale starting January 22, providing a valuable opportunity for individuals to secure their financial future through this individual, savings-oriented deferred annuity plan.
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