Life Insurance Corporation of India (LIC) is offering the ‘Jeevan Akshay’ scheme to individuals. The arrangement guarantees a normal month to month annuity for investors. individuals can put resources into this approach for themselves or for their friends and family.
The policyholder should contribute a proper sum once and afterward they can appreciate annuities consistently, under the plan.
The state-possessed insurance agency is giving different choices to its policyholders under the plan. They can settle on the benefits on a yearly, half-yearly, quarterly and month to month premise.
The arrangement is available to all Indians between the age of 30 and 85 years. Additionally, two individuals from the family can become joint investors too. In any case, investors need to take note of that there is no advance office accessible under the Jeevan Akshay plan.
Basically Rs 1 lakh must be put resources into request to profit the advantages of the plan. Notwithstanding, there is no cap or furthest breaking point fixed on the most extreme sum one can put resources into the approach.
For example, assuming that you pick the Rs 9,00,000 total guaranteed in the strategy then you should contribute a sum of Rs 9,16,200. You can likewise profit a 1 percent charge discount on the plan.
Assuming you put resources into the scheme, then, at that point, you will get a lifetime annuity of Rs 6,859 consistently. While on a quarterly premise a measure of Rs 20,745 will be gotten trailed by Rs 42,008 on a half-yearly premise and Rs 86,265 on a yearly premise.
