Transfer your UK Pensions to LIC's New Jeevan Shanti QROPS (Qualifying Recognised Overseas Pension Scheme) in India.
Transfer your UK Pensions to LIC's New Jeevan Shanti QROPS in India, which is a Non-Linked, Non-Participating, Individual, Single Premium, Deferred Annuity Plan. Snapshots : > This QROPS is a single premium plan wherein the Policyholder has an option to choose on Single life annuity. > The Annuity rates are guaranteed at the inception of the policy & Annuities are payable post deferment period & on completion of age 55(after UK Pensions get transferred) throughout the life time of Annuitant(s). ANNUITY OPTIONS: The Annuityoptions available are: Option 1: Deferred annuity for Single life 3. Benefits Option Benefits Option 1 During Deferment Period & before required HMRC QROPS age of 55: • On survival of the Annuitant, nothing shall be payable. • On death of the Annuitant, Death Benefit as defined below shall be payable to nominee(s After Deferment Period & after required HMRC QROPS age ...