LIC said that this plan will be available from Monday (January 22), that is, this plan can be purchased from Monday. Jeevan Dhara II is a non-linked and non-participating annuity plan. This plan of LIC is an individual savings and deferred annuity plan.

Annuity guaranteed from day one

The most special thing about this plan is the annuity guarantee. In this, the annuity is guaranteed from the beginning. In this, 11 annuity options will be available for policyholders. Policy buyers will also get higher annuity rates and life cover even at older ages.

The minimum age to buy a policy is 20 years.

The minimum age to buy this plan is 20 years, while the maximum age limit will be decided according to the annuity option. The maximum age limit for purchasing Jeevan Dhara II plan is 80 years, 70 years and 65 years minus deferment period.

Annuity option in LIC Jeevan Dhara II

Regular Premium: Deferment period ranges from 5 years to 15 years.
Single Premium: Deferment period ranges from 1 year to 15 years.
Single life annuity and joint life annuity.

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