LIC Varishtha Pension Bima Yojana

LIC Varishtha Pension Bima Yojana 2017

The Prime Minister in his address to nation had promised a pension product for senior citizens which would offer 8% fixed interest for 10 years. The plan has been approved by his cabinet and is called Varishtha Pension Bima Yojana 2017. A similar Varishtha Pension Bima Yojana was launched earlier by LIC in 2014 & […]

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LIC Varishtha Pension Bima Yojana Review

Insurance, Retirement planning

As promised by Finance Minister Arun Jaitely in Budget 2014, LIC has re-launched Varishtha Pension Bima Yojana from August 15, 2014. Technically this is an annuity policy with return of premium on death of policy holder. In this post we review the above product and check if you or your parents should invest into it?

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