People working in the private sector do add retirement funds for themselves, but are worried about regular income, which ...

Life Insurance Corporation of India (LIC) has launched the Smart Pension Plan. It is a single-premium annuity plan, which means that customers pay a one-time premium and receive regular payouts as ...

- LIC’s Nav Jeevan Shree Single Premium (Plan 911) These plans were officially announced by Sat Pal Bhanoo, CEO and Managing Director (In-Charge) of LIC, on July 4, 2025.

Those who don’t want to keep paying the premium every year will find the Nav Jeevan Shree Plan 911 more suitable. It is a single premium policy that works on the fill-it-shut-it-forget-it principle.

Life Insurance Corporation of India (LIC) has introduced Nav Jeevan Shree and Nav Jeevan Shree Single Premium, two non-par, non-linked individual plans combining both savings and protection features.

Total assets of buy-out products were nearly $99 billion at the end of the fourth quarter 2016, an increase of 9%. Other findings show “ single-premium buy-in product sales ” reached $15.7 million in ...

Single-Premium Plans: Under this kind of plan, when the policyholder pays out the premium in one go, the policy can be surrendered post in the second year of purchase.