Life Insurance Corporation (LIC), known for its trusted investment policies, offers a range of attractive options catering to diverse investors.
With a reputation for safety, LIC policies hold strong appeal among investors.
For those in the private sector lacking the pension security, early retirement planning becomes paramount.
Introducing LIC Jeevan Akshay Policy: Your Path to a Secure Retirement
LIC’s Jeevan Akshay Policy stands out as an immediate annuity plan designed to ensure a worry-free retirement.
This single premium policy requires a lump sum investment, providing flexibility to choose annuity payouts on a monthly, quarterly, semi-annual, or annual basis.
Notably, the payout commences right from the plan’s initiation, locking in your chosen payment frequency.
Predicting Your Pension: How Much Can You Receive?
The pension amount correlates directly with your investment in this scheme.
The entry point is an investment as low as Rs 1 lakh, with a minimum age requirement of 30 years.
A Rs 5 lakh investment yields an annual return of Rs 28,625, translating to Rs 2,315 per month, Rs 6,988 every quarter, and Rs 14,088 biannually.
Aim for a Monthly Pension of Rs 16,000: Investment Insights
Dreaming of a post-retirement pension of Rs 16,000 per month through LIC Jeevan Akshay Plan? To achieve this, a lump sum investment of Rs 35 lakh is necessary.
This investment guarantees a monthly pension of Rs 16,479, a quarterly pension of Rs 49,744, a semi-annual pension of Rs 1,00,275, and an annual pension of Rs 2,03,700.
Secure your retirement with LIC’s Jeevan Akshay Policy and enjoy the peace of mind that comes with a well-planned financial future.
