LIC Jeevan Akshay Policy LIC, the country’s largest insurance company, has provided insurance facility for every class of people. In these policies, people get good returns as well as security. Let us tell you that LIC is at the forefront even in the matter of pension scheme. Today we will tell you about LIC’s Jeevan Akshay policy.
The country’s largest insurance company LIC has policies for people of every class and age. Most of the citizens of the country have full faith in LIC. In today’s time, we are very worried about the post-retirement income. LIC has started a policy for people to get pension after retirement.
The name of this policy is LIC Jeevan Akshaya. In this policy, pension is available after retirement. People like this scheme a lot. The specialty of this scheme is that you can also make a lump sum investment in it. This is a very good scheme in terms of retirement planning.
About LIC Jeevan Akshay
LIC Jeevan Akshay is an annuity plan. Apart from this, it is a single premium policy plan. You have to invest only once in this. You can avail regular income after investment. This clearly means that in this scheme you get lifetime income after one time payment.
You can decide yourself in this scheme whether you get pension on monthly, quarterly, half-yearly or yearly basis. Apart from this, this pension has different benefits. Let us tell you that the payment option you select at the time of taking the policy cannot be changed later.
Eligibility of LIC Jeevan Akshay
After investing in LIC Jeevan Akshaya, you get the benefit of life time pension. How much pension you will get will be based on your investment amount. Apart from this, the calculation of pension amount is also decided on the basis of investment. You can invest in this policy only between 30 years to 85 years.
Features of LIC Jeevan Akshay Loan
You can buy LIC’s Jeevan Akshay policy single or joint. As soon as your policy is issued, you can also avail the loan facility after three months. You can invest at least Rs 1 lakh in this policy. There is no limit on the maximum investment in this policy. This clearly means that the more you invest in this policy, the more benefits you will get.
