"Life Insurance Made Easy - Tip of the Week: Part 2 of Retirement Annuity featuring LIC Jeevan Shanti"
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As we continue exploring retirement annuities, it is important to note that there are different types of annuities, each with its own unique features and benefits. One such annuity is the life insurance retirement plan , also known as a annuity with a life insurance component. The LIC Jeevan Shanti plan is one example of this type of annuity. The LIC Jeevan Shanti plan offers a range of options for both the annuity and life insurance components. Individuals can choose to receive immediate or deferred annuity payouts, depending on their financial goals and needs. They can also choose to add a life insurance component to their plan, which provides a lump sum benefit to their benefi