LIC has changed the annuity paces of its annuity policies LIC’s Jeevan Akshay VII (Plan 857) and LIC’s new Jeevan Shanti (Plan 858) with impact from February 1, 2022. LIC has tweeted this data.
Know what LIC said?
As indicated by the data given by LIC, the overhauled variants of these plans with changed annuity rates are ready to move from February 1, 2022. The annuity sum under both the annuity choices of New Jeevan Shanti can be determined through number crunchers on the LIC site as well as through different LIC applications.
Press Release – Revision in annuity rates of annuity plans
LIC’s Jeevan Akshay VII (Plan 857) and LIC’s New Jeevan Shanti(Plan 858 pic.twitter.com/6PnIgw6sS4— LIC India Forever (@LICIndiaForever) February 1, 2022
How to buy Policy
As indicated by the LIC site, these plans are accessible both online and offline. Clients can purchase the policy online by visiting the LIC India site, while for offline plans, clients can visit the branch channel. Not just this current, LIC’s Jeevan Akshay VII (Plan No. 857) is currently accessible through another dispersion channel called Common Public Service Center (CPSC-SPV).
LIC’s Jeevan Akshay-
VII-Jeevan Akshay VII Policy is presently LIC’s Immediate Annuity Plan. In this policy of LIC, you can get an annuity of 20 thousand rupees consistently for life by paying premium once. In this plan, by paying a singular amount top notch, the investor can pick any of the 10 accessible annuity choices. Any Indian resident can take Jeevan Akshay policy. In this,investors can also get benefits by paying an installment of Rs 1 lakh.
LIC’s new Jeevan Shanti-
As indicated by the deal subtleties of the arrangement accessible on the LIC site, you will get 2 choices in this policy, one is Immediate Annuity and second is Deferred Annuity. In Immediate Annuity, the investor gets the installment right away. Though, in Deferred Annuity, you can put resources into the policy by paying a solitary premium and get compensated following a specific number of years.
If you put Rs 10 lakh in this insurance policy at 45 years old, then, at that point, you will begin getting a benefits of Rs 74,300 every year. To take this sum month to month, then, it will become around 9 thousand rupees. If you start annuity after 5, 10, 15 or 20 years, its sum will increment, despite the fact that there are a few conditions. You can get the profits on month to month, quarterly, half yearly and yearly premise moreover.
