LIC's Pension Funds are far better for the 6 reasons

LIC's Pension Funds are far better for the 6 reasons 

1. The full amount of investment is insured & hence the Capital is SECURED. 

2. The Returns are GUARANTEED lifelong 3. The Returns are GUARANTEED for the Investor & the Spouse in  Joint Life option  of Pension.

4. After the life of the Pensioner, 110% of the invested amount will be paid to the Nominee 

5. After 1 full Policy year, the investor can raise a loan with a low interest.  This is useful for Business men


6. Last but not the LEAST - FD Rates cannot be Guaranteed because of RBI Repo Rates 

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