Jeevan Shanti Policy explained in simple words
The latest Pension plan from LIC of India. The pension can be option either immediately or deferred (1-20 years).
In case of death of the policy holder the family gets the full deposited amount.
Other Policy Benefits
Yes, loan is available on the Jeevan Shanti policy
Since this is a one premium plan there is no revival option in Jeevan Shanti.
Yes, the policy can be surrendered after 3 years of policy. The surrender value of the policy is different for different policies and it mainly depends on how far the maturity date is.