New Jeevan Nidhi Plan no. 812 is a newly introduced pension plan for the masses.
This pension plan is introduced to set off growing inflation and insecurity about current & future job prospects. Inflation moves very fast and we have no direct control over it. All we can do is plan our future in such a way that one does not have to dependent of family members or other charitable institution. This plan is “NOT” for mother, father, children etc. this “PLAN IS FOR YOUR OWN SELF”. At some point of time you need to think about your own self and this plan will give you a life time pension.
It is a typical pension plan with profit and also covers risk of death. Minimum sum assured is 1,00,000 while there is no maximum upper limit. Minimum vesting age is 55 years and maximum age is 65 years. On attaining the vesting age Basic Sum Assured along with accrued Guaranteed Additions, Simple bonuses and FAB (Final Additional bonus), if any, will be paid to the Life Assured.
We recommend this plan only to those people who has a surplus to invest. Our Rating for this product is 3 out of 5