Jeevan Akshay Policy Best LIC Scheme

By | December 12, 2020

Jeevan Akshay Policy Best LIC Scheme

Investing in LIC’s policy is taken under consideration very safe. LIC offers customers endowment, pension, term, and lifetime plans.

The government-run company doesn’t get to worry about losing money. So LIC has different policies but today we are becoming to inform you about LIC’s Life Renewable Policy. Through it, you’ll manage your pension monthly. This policy of LIC is often invested together. Jeevan Akshay is one of the foremost popular and best selling policies of LIC.

What is special about this LIC policy?

this is often a non-linked policy that has nothing to undertake with the stock market. Speaking of the peculiarities of the policy, the pension received through it’s taxed under 80C of the tax Act. A minimum of 1 lakh rupees is often invested. Also, there is no limit to the utmost.

Pensions are often obtained on an annual, semi-annual, quarterly, and monthly basis. Any two members of a family can take a joint annuity in it. People between the ages of 30 to 85 can invest in it and thus the minimum annual pension is fixed at Rs 12,000. It also provides a loan facility 3 months after the date of issue of the policy 

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This policy offers 10 different options for getting a pension. you’ll choose Annuity Payable for all times at a uniform Rate option to get pension immediately. If you opt thereon, you will get a pension monthly immediately after the investment.

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