New Pension Plan – If you or any of your relatives is a senior citizen then you must know this new LIC Pension Plan. In this, the principal money remains safe and returns and the person can avail it at regular intervals.
LIC New Pension Plan provides Rs.15,000/month till death.
As long as people are able to earn by working, they have to plan how to meet their regular financial needs when they retire in the future. Especially when the age increases, money is needed for multiple needs for physical illness.
LIC aka Life Insurance Corporation provides new pension plan. In this pension plan, regular pension will be available every month. This new pension plan of LIC is called Jeevan Akshay Policy. Investors can get that pension till death.
| Age for Pension plan | 30 – 85 years |
| Name of the new pension plan | Jeevan Akshay Policy |
| Mode | Online and offline |
| Type of investment | One time investment |
| Amount of one time premium | Rs.1 lakh |
| Monthly pension | Rs.3000 per month |
LIC Jeevan Akshay Policy Pension Plan has a pension option of Rs.12,000 per annum. If someone takes new pension plan of LIC, Jeevan Akshay Policy at the age of 75, then she/he has to pay 6 lakh 10 thousand 800 rupees in one time. Above that, the insurance amount will be Rs.6 lakh rupees.
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Written and edited by Rajeshwari.
