Today everyone invests to secure their future, are you also thinking of investing to make your future right, if so, then we are going to tell you about such a plan which is very beneficial for you. Know what is the plan in the news.
As you know, Life Insurance Corporation of India (LIC) has prepared many policies from time to time. Many facilities are made available to the policy holders under these policies. One such annuity policy has been prepared by LIC and from this a provision has been made in the policy for the account holders to receive the amount of return every month.
For information, let us tell you that LIC Jeevan Akshay Annuity Policy is being provided by the Life Insurance Corporation of India to the account holders in the form of pension every month on depositing lump sum money.
Read Also: LIC Big Update: If you invest in this scheme of LIC, you will get full one crore in 4 years
Must Know here about the Jeevan Akshay Policy Plan
Life Insurance Corporation of India LIC is providing many better facilities in Jeevan Akshay policy plan. For information, let us tell you that this policy was closed earlier by LIC, but in view of the popularity of this policy, the company has started it again.
The investment limit in this life insurance policy has been fixed as ₹ 100000, there is no maximum limit in this. A provision has been made to invest lumpsum in the Akshaya Policy Plan (LIC Jeevan Akshay Annuity Policy) and in this, the amount of interest will be given to the account holder in the form of pension every month.
We will tell you more information related to annuity plan
The way you choose your Sum Assured in LIC Jeevan Akshay Annuity Policy, you have to pay a lump sum premium in the same way. To get a pension of ₹4000 every month, if you have fixed ₹500000 as sum assured, then you have to deposit ₹590000 as lump sum premium. Suppose if you have already invested in the plan at the age of 75 years. So you have to deposit a lump sum premium of 590000 by choosing 500000 as Sum Assured in this plan. In this case, you will get a pension amount of ₹ 5006 every month.
Know some more things related to the policy
If you want to invest in LIC’s Jeevan Akshay Annuity Policy, then the minimum age for this has been fixed at 30 years. The maximum age to invest in the policy is 85 years. For information, let us tell you that this is an annuity plan, in which you have fixed minimum annuity of ₹ 12000 annually. You cannot take an annuity less than this.
Along with this, let us tell you that before this you will get 10 types of options in the plan. Also if you have selected annuity payable for a life at a uniform rate as option A in this, then you will start receiving the amount of pension every month. For information, let us tell you that before this, you have to invest a lump sum in the plan. Pension will be available in this policy as long as the account holder is alive. Pension will stop after the death of the account holder.
LIC Jeevan Akshay Annuity Policy
Life Insurance Corporation or LIC is one of the oldest and most sought after insurance companies in India. Established in the year 1956, this government-owned organization is providing insurance to the population of all ages across the country at the most affordable prices with exemplary benefits. With a reputation that surpasses all other insurance companies, LIC has been a pioneer in the field of insurance over the years and has maintained its goodwill among its customers till date.
Life Insurance Corporation In fact, Life Insurance Corporation was awarded India’s No. 6 Most Trusted Service Brand by none other than the Economic Times Brand Equity Survey, 2012. In this article, we tell you about the LIC Jeevan Akshay VI plan and its key features. Apart from this, we also give you the eligibility details of the scheme as well as answers to the frequently asked questions by the customers regarding the policy and its returns.
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