Find out today if you want to invest in a scheme that offers safe and good returns.
Get a pension of up to Rs 14,000 per month from this policy
This is a safe way to invest
Life Sustainability Policy is a good option
Life Insurance Policy of Life Insurance Corporation of India is a good option if you want to invest money in a plan that is safe and gives better returns. In this you will get a fixed pension. The specialty of this policy is that you only have to pay a one time premium for this. A total of 10 options are available in the policy. But by choosing this option, you can get a monthly pension of up to Rs 14000 per month.
Life Sustainable policy can be taken by people between 30 and 85 years of age. It requires a minimum investment of Rs 1 lakh. The policy can be purchased both online and offline. It is a non-linked, non-participating and personal annuity scheme with a single premium.
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Advantages of the policy
Loan facility is also available under this policy. You can avail this benefit up to three months after taking the policy.
If one invests more than Rs 5 lakh in this policy, then he also gets incentive in annuity rate.
The policy can be purchased in 6 months, 3 months and 1 month annuity. The minimum annuity is Rs 12,000 per annum. While there is no limit to the maximum amount.
By choosing the Annuity payable for life at a uniform rate option of Jeevan Akshay policy, you can get a pension every month by investing in this policy only once.
Find out how to get 14 thousand rupees
If a person is 35 years old, he will have to pay a premium of Rs 30,000,000, of which the sum insured will be Rs 29,46,955. After paying this premium, if you choose that option, i.e. Annuity payable for life at a uniform rate, then you will get a monthly pension of Rs 14,214 per month after payment. The benefit of the scheme is available for the lifetime of the policyholder. People in the age group of 30 to 85 can invest in this. The disabled can also take advantage of this scheme.