Saral’s pension insurance : LIC (Life Insurance Corporation) has started this system from April 1, 2021. It is quite different from other plans for LIC. Here, the premium option is personal. And there is no interactive system and no associated privileges. This article explains complete information about LIC Saral Pension Yojana, complete information about Saral Pension Yojana, step by step guide to apply online, online registration form 2022 on the official portal.
Saral’s pension insurance
Features of Saral Pension Yojana
In this system (LIC Saral Pension Yojana), the most interesting privilege is that there is no hassle in participating in it and joining the urgency of the subsidy system. This is a one-time premium plan. The system proposes two different subsidy alternatives. You may be able to get your lifetime subsidy back with 100% refund of the purchase price. A combined grant system with 100% recycling return is accepted. After the death of the first policyholder (Life Insurance Corporation), the second will receive a 100% return. And after the death of the other, the last survivor will be the beneficiary with 100% return. It only offers one-time premium. The payment period can be monthly, quarterly or annually.
Benefits with LIC Saral Pension Plan (Saral’s pension insurance,
Death benefits: For an individual policyholder (Life Insurance Corporation), after the death, the trustee will receive a 100% return on the amount. If two policyholders jointly sign the insurance (LIC Saral Pension Yojana). Then after the death of one, the other person will receive the benefit. “If a husband and wife buy the plan together. Then after the husband’s death the wife gets 100% return or after the wife’s death the husband gets 100% return.
Survival benefits: If the policyholder (LIC Saral Pension Yojana) is alive, they will definitely receive the payment of the system.
Maturity benefit: There is no talk of maturity benefits.
Loan: The policyholder may be able to take out a loan from this insurance (LIC Saral Pension Yojana). If they have paid for at least more than six months. Then they will be entitled to a loan at their interest rate.
Surrender System: All cases of critical illnesses or injuries to the policyholders (LIC Saral Pension Yojana) or any of them. The policyholder can give up the plan (Life Insurance Corporation) after 6 months of payment.
How to apply online for LIC Saral Pension Yojana
First of all, you need to apply (Life Insurance Corporation) official website licindia. In LIC Saral Pension Yojana or at irdai.gov.in. You will see a home page. On the home page, you must press the option written “Saral Pension Yojana”. Then there will be the “Apply” option that you have to click on.
Application form for LIC Saral Pension
The complete application form (LIC Saral Pension Yojana) is now available to you. In the first box, type your name along with the last name according to your documents. Enter your valid phone number in the second box. Enter a valid email address in the third box. In the fourth box, you must enter your date of birth. First month, then date and last year. In the fifth box, execute the products or plans. From there, you can choose your Saral Pension System (Life Insurance Corporation). In the sixth box, enter your estimated income per year.
In the seventh box, you must enter the number of people depending on you. In the eight boxes, select the name of your country. Select the name of your district in the ninth box. Select the name of your city in the tenth box. Enter the PIN code in the eleventh box. After this, there will be an option called “I Agree”. Click on that option. Lastly, press the “Submit” box. Your application for a pension scheme will be completed now.
Necessary documents from LIC Saral Pension Scheme
To apply for Life Insurance Corporation, it is first and foremost necessary to have an Aadhar card. An account statement is required in the name of the policyholder (LIC Saral Pension Yojana). It is mandatory to have a ration card in the applicant’s name. For housing certificates, the applicant needs some form of address certificate. It can be an identity card or aadhar card or residence. The correct income certificate must be submitted by the applicant. New color photographs of the applicant in passport size are required. A valid phone number is required.
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