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Old 02-27-2010, 03:32 PM   #1
rm013
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Default What is Jeevan Akshay Policy ?

Can any body explain about :
What is Jeevan Akshay Policy ?

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Old 03-23-2010, 04:00 PM   #2
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Jeevan Akshay VI is a pension plan, which can be purchased by paying a lump sum amount.

For more details read: http://www.lifeinsuranceindiaonline....van-akshay-vi/

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Old 03-25-2010, 07:39 AM   #3
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Thanks Mr.LIC-Agent for your reply for Jeevan Akshay Policy.
It is very useful to me.

Now am 38 yrs completed. Means i canot buy Jeevan Akshay Policy.Like this any Policy available which has no age bar and pay pension on monthly basis.

Thanks in advance


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Old 05-10-2010, 08:51 AM   #4
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JEEVAN AKSHAY is an immediate Annuity Plan which Commenced from 16-10-2003. Such a plan could be considered by those approaching retirement or even by professionals who seek steady returns. One can get annuity as per following options after making a lump sum payment:


* Annuity for life.
* Annuity certain for 5, 10, 15 & 20 years & thereafter for life.
* Annuity for life with return of purchase price.
* Annuity for life increasing at a simple rate of 3%.
* Annuity for life with a provision for 50% of the annuity payable to the spouse of the annuitant for life on death of the annuitant.


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Old 05-26-2010, 04:32 PM   #5
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Yes, there are other pension plans which can help you achieve this target. But there will be a waiting period of say 3 years before you can get pension. You can email on bhushansheth@hotmail.com or call on 9967280006 for detailed discussions.

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