Take LIC Jeevan Akshaya Policy and say retirement tension bye, get 20 thousand fixed monthly pension – Cross Talk India
Lic Policy: There is no shortage of money while working because salary keeps coming every month. However, salary stops after retirement. Then there is a shortage of money. Everyone is worried about running the expenses after retirement. If you also want a fixed pension for expenses after retirement, then LIC’s life can invest in renewable policy. In this policy, once you have to invest and then the monthly pension will continue to be received. Let us know that all the important things of this policy.
Investment age limit from 30 years to 85 years
Investment age limit in LIC Jeevan Akshay Policy is 30 years to 85 years. That is, any person of this age can invest. Let us tell you that this policy is a single premium non-linked non-participping and personal annuity plan. That is, the income fixed for a lifetime by depositing money once. In this, the pension amount depends on the investment made by you.
You can buy this policy in a single or joint form. You can get pension on your investment on monthly, quarter, half -yearly or annual obtained.
Pension of 12 thousand rupees on investment of 1 lakh
You will get a pension of ₹ 12,000 on investing ₹ 1 lakh in this policy. At the same time, if you want ₹ 20,000 pension every month, then you will have to invest a lump sum of ₹ 40,72,000 in LIC Jeevan Akshaya policy.
Why buying policy is beneficial
Once you fill the premium, you start getting money every month. This is good for those who have retired and need regular income. In this, you get income throughout your life, no matter how many years you live. This determines that your savings will not end and you will always get money. Your investment is not affected by market fluctuations. You can choose different payment options according to your needs, such as for life or for both husband and wife.
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