Jeevan Akshay: In this policy of LIC, just fill returns once and get 14 thousand pension every month

By Anupreet Kaur On Sep 19, 2020

new Delhi. Life Insurance Corporation of India is the first choice of investors. They believe that their money will be safe in this. There are several investment plans in terms of log terms. To make your future secure, LIC’s Jeevan Akshay Policy is absolutely safe. Under this scheme you will continue to get a guaranteed guaranteed pension. The specialty of this policy is that it has to be paid only once and in return you can get a fixed pension every month. This policy can be taken by a person from 30 to 85 years.

It is necessary to invest at least Rs 1 lakh in Jeevan Akshay Policy (LIC). This plan can be purchased both online and offline. By the way, there are a total of 10 options in the policy. But if you choose the first option i.e. ‘A’, then you can get a pension of Rs 14000 every month. For this, you have to fill returns only once. If a person is 35 years of age, he has to pay a premium of Rs 3000000, in which the sum assured (fixed amount) will be Rs 29,46,955. After paying this premium, if you choose ‘A’ option i.e. ‘Annuity payable for life at a uniform rate’, then you will start getting a monthly pension of Rs 14,214 every month after payment. The scheme benefits till the policyholder survives. The pension ceases after the policyholder dies.

Jeevan Akshay-7 Annuity
You can also opt for 7 annuity in LIC’s Jeevan Akshay Policy. It is a single premium non-linked, non-participating and personal annuity scheme. People between 30 and 85 years of age can invest in it. PwD can also benefit in this scheme. The good thing is that loan facility is also available under this policy. You can avail these benefits after three months of taking the policy. The policy can be purchased annually, 6 months, 3 months and one month in annuity. The minimum annuity is Rs 12,000 annually. While there is no limit to the maximum amount. If someone invests more than 5 lakhs in this policy, then he also gets incentive in the form of increase in annuity rate.