LIC Jeevan Akshay VI Plan 2024 Benefits, Features, Details, Reviews

LIC Jeevan Akshay VI is a quick annuity benefits which pays annuities following you purchase the approach. The arrangement offers different annuity choices and you can decide to get annuities in any choice that you like.

LIC Jeevan Akshay VI has the accompanying key advantages to pay special attention to –

• A solitary premium is payable to purchase the arrangement. This premium is known as the price tag.
• There are seven annuity installment choices to browse
• You can likewise choose joint-life annuity and guarantee monetary security for your mate in your nonappearance
• There are annuity choices which return the price tag on death. These choices can be chosen for making a heritage for your loved ones
• You can decide to profit annuity pay-outs yearly, semi-every year, quarterly or month to month according to your prerequisite
• The arrangement can be purchased without going through any pre-entrance clinical check-ups
• You get higher annuity rates assuming you address the buy cost of INR 2.5 lakhs or more to purchase the strategy
• The annuity rate increments by 1% assuming you purchase the approach on the web

Eligibility criteria of LIC Jeevan Akshay VI Plan

Given underneath are the example annuity rates which are payable by LIC for various annuity installment choices and at various section ages. It is expected that the price tag is INR 1 lakh, an annuity is payable yearly and the arrangement has been sold disconnected.

On the off chance that you have chosen the annuity choice which discounts the price tag on death, you can benefit an acquiescence esteem in two cases. These examples are as per the following –

On diagnosis of a critical illness

The arrangement covers 21 basic ailments. On the off chance that you are determined to have any of the covered basic disease, you can guarantee an acquiescence esteem under the strategy. The sicknesses covered under the arrangement are as per the following –

• Open chest CABG (Coronary Artery Bypass Graft)
• Stroke which causes permanent symptoms
• Cancer of a specified severity
• Bone marrow or major organ transplant
• Fix of the valves of the heart or open heart substitution
• Permanent paralysis in the limbs
• Failure of the kidney which requires you to undergo regular dialysis
• Blindness
• Angioplasty
• Motor neurone disease which has permanent symptoms
• End-stage liver failure
• Deafness
• Multiple sclerosis which has persisting symptoms
• End-stage lung failure
• Third-degree burns
• Loss of limbs
• A major head trauma
• Primary pulmonary hypertension
• Loss of speech
• Benign brain tumour
• Myocardial infarction

Change of citizenship

In the event that you are moving to another nation forever and your citizenship status is transforming, you can benefit an acquiescence esteem under the strategy.

Under the two cases, the acquiescence worth would be payable solely after the culmination of one year from the date of purchasing the approach. Additionally, no acquiescence worth would be accessible under some other annuity choice aside from the choice wherein the price tag is discounted on death.

The premium paid for purchasing the strategy is permitted as a derivation under Segment 80CCC of the Personal Expense Act, 1961. You can guarantee a greatest derivation of up to INR 1.5 lakhs. The annuities got, notwithstanding, are viewed as a pay. They are, hence, charged at your annual assessment chunk rates when you get them.

LIC Jeevan Akshay VI Arrangement has at present been removed by LIC. You can’t, subsequently, apply for another strategy. Nonetheless, LIC’s Jeevan Shanti Plan has supplanted LIC Jeevan Akshay VI Arrangement and you can purchase that arrangement assuming you are searching for guaranteed annuity approaches.

Other insurance agency likewise offer prompt annuity plans. You can purchase the best prompt annuity plan from . this is restricted with driving disaster protection organizations which offer the absolute best benefits plans.

Other benefits – How you can save with Jeevan Akshay VI Plan?

Looking to save money on your Jeevan Akshay VI plan? Check out our list of other benefits that come with this comprehensive health insurance plan. From preventive care to in-patient treatment, we have you covered. Plus, our extensive network of hospitals and doctors guarantees that you’ll be treated by the best in the business. So what are you waiting for? Get a free quote today!

• You can apply for this approach online helpfully.
• Premium number cruncher accessible on the site.
• Pay your charges online by visiting the authority site of the organization.
• You can document your cases on the web.
• No commission installment is expected for online purchasers.

Why you should buy Jeevan Akshay VI Plan from Life Insurance Corporation of India?

Extra security Enterprise has been the main life coverage supplier starting around 1956. More than 245 insurance agency and fortunate social orders have converged to frame LIC. The organization has won numerous honors for its arrangement and its perfect tasks the nation over. Throughout the long term the organization has developed with innovation and has redesigned into numerous internet based stages, making it more straightforward for the clients to arrive at the chiefs and access the right data.

Once more with Jeevan Akshay VI Arrangement, the organization has confronted its trademark ‘Yogakshemam Vahamyaha’, and that signifies ‘Your Government assistance Is Our Obligation’. The arrangement is recommended for the people who plan their retirement life ahead of schedule, with no reliance. With incredible annuity rates for each time of procurement, Jeevan Akshay VI Arrangement is an extraordinary choice.

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