LIC's Special Policy / Get A Pension Of Rs. 19,000 Per Month By Paying One Installment, Benefits Till Last Breath - Ojasjob

 

LIC's Special Policy / Get A Pension Of Rs. 19,000 Per Month By Paying One Installment, Benefits Till Last Breath

 

LIC Jeevan Akshaya Policy: Investing In LIC's Insurance Policy Is Considered Very Safe. LIC Offers Customers Endowment, Pension, Term And Life Time Plans. The Government-Run Company Does Not Have To Worry About Losing Money. So LIC Has Different Policies But Today We Are Going To Tell You About LIC's Life Renewable Policy. Through It You Can Manage Your Pension Every Month. This Policy Of LIC Can Be Invested Together. Jeevan Akshaya Is One Of The Most Popular And Best Selling Policies Of LIC.

 

What Is Special About This LIC Policy?

 

This Is A Non-Linked Policy Which Has Nothing To Do With The Stock Market. Speaking Of The Peculiarities Of The Policy, The Pension Received Through It Is Taxed Under 80C Of The Income Tax Act. A Minimum Of One Lakh Rupees Can Be Invested. Also There Is No Limit To The Maximum.

Pensions Can Be Obtained On An Annual, Semi-Annual, Quarterly, And Monthly Basis. Any Two Members Of A Family Can Take A Joint Annuity In It. People Between The Ages Of 30 To 85 Can Invest In It And The Minimum Annual Pension Is Fixed At Rs 12,000. It Also Provides Loan Facility 3 Months After The Date Of Issue Of The Policy.

This Policy Offers 10 Different Options For Getting A Pension. You Can Choose Annuity Payable For Life At A Uniform Rate Option To Get Pension Immediately. If You Select It, You Will Get A Pension Every Month Immediately After The Investment. 

• Age- 39
• Sum Assured- 4000000
• Premium- 4072000
• Pension
• Annual- 244800
• Half-Yearly- 120400
• Quarterly- 59650
• Monthly - 19767

    According To The Above Example, If A Person Invests In This Policy From The Age Of 39 And Chooses A Sum Assured Of Rs. 4000000, He Will Have To Pay A Total Premium Of Rs. 4072000. After That He Will Get Rs. 19767 Per Month As Pension. The Policyholder Will Get This Benefit As Long As He Lives.

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