LICs New Jeevan Akshay VI

LIC Jeevan Akshay VI Policy - Single Premium Immediate Annuity Plan

Pay a Single Premium - LIC will then pay you for the rest of your life.

Pension is paid till the policyholder is alive, on the death of the policyholder.

100% of the pension is payable to spouse for his/her lifetime.

The premium is returned on death of the policyholder and the spouse.

Details of your Annuity Plan with Example
Purchase Price = Rs. 15,00,000 + 1.8% GST = Rs. 15,27,000
Annuity Option 7 = Joint Life Last Survivor with Return of Purchase Price
Depending on the Mode of Annuity, you will receive pension as follows:
Yearly Income = Rs. 100,000
Half Yearly Income= Rs. 48,942
Quarterly Income= Rs. 24,244
Pension for lifetime
After you the spouse will receive the pension for the rest of his/her lifetime
After spouse, the Purchase Price of Rs. 15,00,000 will be returned
Premium is paid in a lump-sum, with no upper limit for purchase price or annuity under the plan.
Minimum Entry Age- 30
Maximum Age- 85

Mukesh Joshi
Chief Insurance Advisor, Financial Planner & Wealth Manager
LIC Agency Code- 4612921
Branch Office- Dr. DN Road, Fort, Mumbai- 400001
mukesh.dk.joshi@gmail.com
976-857-1777 / 885-036-7364
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