LIC’s Jeevan Akshay-VII (Pension Plan)

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LIC’s Jeevan Akshay-VII (Pension Plan)

Plan your retirement with LIC’s Jeevan Akshay-VII – an annuity plan that offers guaranteed lifelong income with a one-time premium payment.

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Details for LIC’s Jeevan Akshay-VII (Pension Plan)

LIC’s Jeevan Akshay-VII is an immediate annuity plan that ensures a steady income for life. Ideal for retirement, it offers multiple annuity options, guaranteed payouts, and lifetime financial security. A one-time premium unlocks lifelong benefits tailored to your needs.

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Sum Assured

Mini 1,00,000/- to Max No Limit

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Age

Entry Age: 30 to 85 Yrs, Maturity Age: 70 Yrs

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Premium Payment Term (Mode)

Monthly ,Quarterly ,Half Yearly And Yearly

Age

  • Entry Age: 30 to 85 Yrs, Maturity Age: 70 Yrs

Additional Benefits

  • Lumpsum Death Benefit
  • Annuitisation of Death Benefit
  • Option to take the plan for the benefit of dependant person with disability (Divyangjan)
  • Option to take Annuity by NPS subscriber
  • Annuity Options

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