Life Insurance Company (LIC) introduced a new plan, LIC New Pension Plus 867. The LIC New Pension Plus 867 is a non-participating, unit-linked insurance plan that again comes with “guaranteed addition”.

• The plan indicates that the LIC New Pension Plus 867 will provide guaranteed additions between 5% to 15% of the yearly premium.
• The LIC New Pension Plus 867 is a unit-linked pension plan which aims for building a corpus with systematic conversion into regular income on retirement after taking the annuity plan.