LIC Jeevan Akshay-VI: Pensions, Premium, Benefits Plan
Apr 6th, 2019 3:07 pm | By ThenewsmanofIndia.com | Category: LATEST NEWS
(THE NEWSMAN OF INDIA)
Life Insurance Corporation of India (LIC), the country’s largest life insurance company, offers pension plans besides providing term insurance and endowment insurance plans. LIC’s Jeevan Akshay-VI is one of the pension plans among others like LIC Jeevan Shanti plan. LIC’s Jeevan Akshay-VI is an immediate annuity plan (pension plan), which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant, according to LIC’s website – licindia.in.
LIC Jeevan Akshay-VI pension plan can be purchased by any individual between the minimum age of 30 years and up to maximum age of 85 years by paying a single lump sum premium of Rs 1 lakh for all distribution channels except online or by paying Rs 1.5 lakh or above via online sale, LIC noted on its website.
https://www.licindia.in/Products/Withdrawn-Plans/jeevan_akshay