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Saral Pension

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Aviva Saral Pension Plan: All you need to know about the retirement planning scheme

With simple features, standard terms, guaranteed lifetime income, and easy conditions, the plan allows for a secure retirement, adapting well to the policyholder’s requirements with the objective of providing an adequate financial cushion and protection in the twilight years of life.
Here's all you need to know about LIC's Saral Pension Plan

Described as a standard immediate annuity plan according to Insurance Regulatory Development Authority of India guidelines, the plan is open for individuals in the age bracket of 40-80 years.
Saral Pension: Standardised annuity for retirement income, but taxation hurts returns

The standardised pension product offered by insurers will have common features. Returns, however, will vary

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