The lic managed pension fund has the following added and distinct advantages:
- Attractive and competitive yield on the fund will be credited to fund a/c.
- The problem of liquidity gets automatically eliminated as soon as the fund is managed by lic.
- We conduct free actuarial valuations of the funds administered by us from time to time.
- The administration of the fund is carried out by us in a scientific manner and claims are promptly settled.
- Group insurance in conjunction with the group superannuation scheme can be taken by an organization to provide for an attractive lump sum payment on the unfortunate death of a member while in service, at very nominal cost.
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