Under LIC Jeevan Akshay policy, the premium has to be deposited only once. Divyang can also invest in this policy. There is no limit on maximum investment in this and also 10 options are also given to get pension.
New Delhi. The country’s largest and trusted insurance company i.e. Life Insurance Corporation of India (LIC) had discontinued one of its very popular insurance policy Jeevan Akshay Policy (LIC Jeevan Akshay Policy), but now it is being started once again. Under the LIC Jeevan Akshay policy, the policyholder gets a chance to enjoy the pension for life after paying the installment only once.
No limit on maximum investment
Jeevan Akshay Policy is a single premium non linked non participating and personal annuity plan. The policy can be started by investing at least Rs 1,00,000 in this. No limit has been fixed for the maximum investment in this policy.
If a person invests at least one lakh rupees in this policy, then he will get a pension of Rs 12,000 annually. This means that on a one-time investment of Rs 1 lakh, you will get Rs 12,000 as pension every year. Since there is no limit on the maximum investment, the policyholder can invest as much as he wishes. The amount of pension will depend on the amount of investment.
What is merit?
Talking about eligibility, people from 35 years to 85 years can take this policy. Apart from this, disabled people can also take advantage of this policy. One special thing about this policy is that 10 options are given for how to get the pension amount.
How to get pension of 36 thousand rupees every month?
By choosing the option of Annuity payable for life at a uniform rate of Jeevan Akshay Policy, you can get a pension of 36 thousand rupees every month by making a lump sum investment in this policy. For example, if a 45-year-old person opts for this plan and also opts for the Sum Assured option of Rs.70,00,000, then he will have to pay a lump sum premium of Rs.71,26,000. After this investment, he will get a pension of Rs 36,429 per month. However, this pension will stop after death.LICThere are many such plans in Jeevan Akshay Policy.
