LIC Smart Pension (Plan No. 879)
LIC’s newer immediate annuity plan with multiple pension options.
LIC’s Smart Pension (Plan 879) is a newer single premium immediate annuity plan offering a range of single life and joint life pension options, designed for flexible retirement income.
| Plan name | LIC Smart Pension |
|---|---|
| Plan number | 879 |
| UIN | 512N386V01 |
| Category | Pension & Annuity Plans |
How LIC Smart Pension works
- Pay a single purchase price.
- Pension starts immediately.
- Choose from single life and joint life annuity options.
Who should buy this plan?
- Retirees comparing options with Jeevan Akshay
- NPS subscribers planning annuity
Important points before you buy
- Check latest options and incentives in the brochure.
Get your exact premium & maturity illustration: premium depends on your age, sum assured, term and health. WhatsApp your date of birth and required cover to +91 75085 67891 and get an official LIC illustration free.
Why buy LIC Smart Pension through Vedpal Singh?
- 20+ years of experience with LIC in the Chandigarh tri-city; Development Officer at LIC’s Manimajra branch.
- Honest comparison of plans – we suggest what fits your goal and budget, including term cover where needed.
- Doorstep service for proposal, KYC and medicals in Chandigarh, Mohali, Panchkula and Zirakpur.
- Lifetime after-sales help: premium reminders, loans, nominee change, revival and claim support for your family.
Frequently asked questions
Both are immediate annuity plans. We compare the pension amount under both for your age before you decide.
Call or WhatsApp Vedpal Singh on +91 75085 67891. We explain the plan, prepare a benefit illustration for your age, complete the proposal form and documents, and help with medicals if needed – at your home or office in Chandigarh, Mohali, Panchkula or Zirakpur.
Usually Aadhaar, PAN, a photograph, address proof, income proof (for higher cover), bank details for premium/maturity and nominee details. Exact requirements depend on the plan and sum assured.
Premiums may qualify for deduction under Section 80C (old tax regime), and maturity/death benefits may be exempt under Section 10(10D), subject to conditions and limits under prevailing tax laws. Please confirm with your tax advisor.
Source: plan details summarised from LIC’s official plan list and brochures on licindia.in. Features, eligibility and rates may change – the latest LIC sales brochure prevails.
Related LIC plans
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LIC New Jeevan Shanti
Single premium deferred pension – invest once now, get guaranteed pension for life later.
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LIC Jeevan Akshay VII
Immediate pension plan – pay a lump sum and pension starts right away.
Pension & Annuity Plans
LIC Saral Pension
IRDAI standard immediate pension plan with return of purchase price.
Get LIC Smart Pension Quote
Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.