This special policy of LIC has come, life-long earning opportunity, know full plan

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LIC Pension Policy: The name of the policy is Jeevan Akshay-7 (Plan Number 857). This is an annuity plan, because of this the investor gets a chance to earn a lifetime.




LIC Pension Policy: Life Insurance Corporation of India is one of the most trusted and large insurance companies in the country. In the policy of this company, crores of people have invested their hard and thick earnings. People trust this company because it is run by the government. In view of this belief, LIC has launched another policy.

Also Read: Big News: Pension rules changed: Changes in pension rules of government employees

The name of the policy is Jeevan Akshay-7 (Plan Number 857). This is an annuity plan, because of this the investor gets a chance to earn a lifetime. Actually it is a single premium non-linked policy. That is, in this policy, the investor has to invest only once and he gets the benefit throughout the life.

It is a non-linked policy so it has no relation with market fluctuations. It is a non-participating and personal annuity scheme. Policyholders get annual, half-yearly, quarterly and monthly annuity options under it.



The policy holder can choose one of these options according to his convenience. According to the policy rules, the minimum annuity is fixed at Rs 12,000 per annum.

The minimum sum assured of the policy is one lakh rupees while there is no maximum limit. People between 30 and 85 years of age are considered eligible for investment in this policy. The special thing is that in this policy, the investor will also get loan facility.

The post This special policy of LIC has come, life-long earning opportunity, know full plan appeared first on informalnewz.



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