LIC Policy Pension PlanIf you are also preparing yourself for retirement, then we are going to tell you a best plan. If, despite having money in the bank account, you are lying in the same thought that if some pension could be arranged, then read this news completely till the bottom. Your problem has been resolved.
There is such a policy of LIC in which a large amount has to be deposited and in return, a pension of Rs 20,000 is confirmed every month. The special feature of this policy is that in this policy, at the time of taking the policy, the policyholder is informed about how much pension he will get for the whole life. You can invest in this scheme immediately for yourself or for a family member.
LIC Jeevan Akshay
Life Insurance Corporation of India (LIC), the country’s largest insurance company, continues to offer many types of insurance plans to the customers. Out of this, LIC has a policy called Jeevan Akshay. Lifelong pension is available on depositing lump sum money in this. The specialty of this policy is that in this, the policyholder gets to know at the time of taking the policy, how much pension will come.
On investment in this policy, you can choose to take pension annually, half yearly, quarterly or every month. There are many other benefits in this scheme as well. The policy is issued as soon as you invest, after three months you can also take advantage of the facility of loan against it. There is no maximum limit for investment in this.
Here are the details
This is a kind of single premium non-linked non-participating and personal annuity policy in which the minimum investment of Rs 1 lakh has to be made. If you deposit Rs 1 lakh then you will get an annual pension of Rs 12,000.
People of 35 to 85 years of age can take the policy whenever they want. Any two members of a family can also take joint annuity. 10 different options are given here to get pension.
How much will have to be invested to get 20 thousand month pension
LIC’s Jeevan Akshay-VII A total of 10 options will be given to you in the policy. There is an option in which you get a pension of 20 thousand rupees every month at a single premium. If you want this pension every month, then you have to choose the option per month only. To get a pension of Rs 20,000 per month, you have to invest Rs 40,72,000 in one go, according to the exact math. Your monthly pension will be Rs 20,967.
To cut old age comfortably, choose the option for yourself from the given options according to the amount of pension you need and on that basis, if you invest the amount according to the need, then the option of big pension will open.
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