LIC Policy: Rs 36,000 will be available every month, premium will have to be paid only once, avail benefits like this

New Delhi. The country’s largest and trusted insurance company i.e. Life Insurance Corporation of India (LIC) had discontinued one of its very popular insurance policy Jeevan Akshay Policy (LIC Jeevan Akshay Policy), but now it is being started once again. Under the LIC Jeevan Akshay policy, the policyholder gets a chance to enjoy the pension for life after paying the installment only once.

No limit on maximum investment

Jeevan Akshay Policy is a single premium non linked non participating and personal annuity plan. The policy can be started by investing at least Rs 1,00,000 in this. There is no limit on the maximum investment in this policy.

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If a person invests at least one lakh rupees in this policy, then they will get an annual pension of Rs 12,000. This means that on a one-time investment of Rs 1 lakh, you will get Rs 12,000 as pension every year. Since there is no maximum investment limit, the policyholder can invest as much as he wants in it. The amount of pension will depend on the amount invested.

What is qualification?

Talking about eligibility, people of 35 years to 85 years can take this policy. Apart from this, people with disabilities can also take advantage of this policy. A special feature of this policy is that 10 options are also given for how to get the pension amount.

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How to get a pension of 36 thousand rupees every month?

By choosing the option of Annuity payable for life at a uniform rate of Jeevan Akshay Policy, you can get a pension of 36 thousand rupees every month by making a lump sum investment in this policy. For example, if a 45-year-old person opts for this plan and also opts for the Sum Assured option of Rs.70,00,000, then he will have to pay a lump sum premium of Rs.71,26,000. After this investment, he will get a pension of Rs 36,429 per month. However, this pension will stop after death. There are many such plans in LIC’s Jeevan Akshay policy.

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