LIC's JEEVAN AKSHAY plan no. (189)
LIC's Best Pension plan.
LIC's Jeevan Akshay VI is an immediate Annuity plan that provides annuity payouts immediately after the premium payment for a financially secured life after Retirement.
Key Features of Jeevan Akshay Plan :
* It is an Immediate Annuity Plan with single premium option where the annuity starts immediately after Premium payment from the next chosen date.
* The annuity option can be chosen for a single life (Policyholder & Spouse).
* No Medicals check-up required for LIC's JEEVAN AKSHAY.
* The annuity option are :
a. Life Annuity at a uniform rate.
b. Lifetime Annuity with Return of Purchase Price.
c. Life Annuity guaranteed for 5/10/15 or 20 years and thereafter payable for life.
d. Life Annuity increasing at a simple rate of 3% per annum.
e. Annuity for life with 50% annuity to Spouse after annuitant's death.
f. Annuity for life with 100% to spouse after the annuitant's death.
g. Annuity for life with 100% annuity for spouse after annuitant's death and also Return of Purchase Price after death of the last Survivor.
BENEFITS OF JEEVAN AKSHAY PLAN.
* Annuity payouts will be paid as per the frequency chosen immediately after the Premium Paid.
* Income tax benefit on the Premium Paid as per Section 80CCC of Income Tax Act.
For more information & details about Pension & Retirement Plan contact :
LIC Insurance Agent,
Mobile : 9966217344
Email : email@example.com