LIC Highest Pension Plan: LIC will give you 20 thousand rupees pension every month, only one installment will have to be filled

LIC Jeevan Akshay Policy: If the conditions for investment in this policy can be arranged for pension by paying an installment of minimum Rs.1,00,000. It depends on the policy holder how much he invests above 1 lakh.

LIC Jeevan Akshay Policy:  Life Insurance Corporation of India (LIC) is one of the most trusted insurance companies in the country. Crores of people have invested in this company’s policy. Recently LIC has launched its very popular position ‘Jeevan Akshay’. It is an annuity plan in which pension can be received every month by making a lump sum investment.

Also Read: LIC Highest Benefits: : Daily 80 rupees, get 28,000 rupees pension, know plan

This policy of the company is extremely useful for those who want a pension every month. This policy, which removes pension pension, has been designed in such a way that people from poor to rich section can invest in it.

Talk about the conditions for investment in this policy, then a pension can be arranged by paying an installment of minimum Rs 1,00,000. It depends on the policy holder how much he invests above 1 lakh. That is, there is no limit to the maximum. The company considers 30 to 85 years of age eligible for this. Any Indian citizen can buy the policy.

The policyholder has 10 different options for getting pension while investing. One of these options is also ‘Annuity payable for life at a uniform rate’ (Pension option ‘A’ per month). On selecting this, pension starts every month immediately after investment. If you invest a lump sum of Rs 4072000 in this policy, then you can get a pension of 20 thousand rupees every month. Learn from this example how: –
Age: 32
Sum Assured: 4000000
Lump Sum Premium: 4072000

Pension:
Annual: 260000
Half Yearly: 127600
Quarterly
: 63250 Monthly: 20967

For example, if a 46 year old person chooses option ‘A’. In addition, he opts for the sum assured option of Rs 4000000. So he will have to pay a lump sum premium of Rs 4072000. After this investment, he will get a pension of Rs 20967 per month. This pension will stop coming after death.

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