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All of a Sudden.... Shockingly it's True. Revised Annuity Rat | Advisor's Club - LIC of India



All of a Sudden.... Shockingly it's True.

Revised Annuity Rates (Jeevan Shanti 858 )

i. Revision of the annuity rates.

ii. Free Look Period is now allowed for 30 days from the date of receipt of the electronic or physical mode of the policy bond, whichever is earlier instead of 15 days (30 days if policy is purchased online) from the date of receipt of the policy bond.

iii. Option to take Death Benefit in instalments is now allowed for a term of 5 years only instead of 5, 10 and 15 years.

W.E.F. 25.08.2022