Jeevan Akshay
Plan Benefits
- Jeevan Akshay is an exceptional Single Premium Annuity Plan that offers Immediate Annuity for a lifetime with numerous flexible options.
- The plan provides various choices, including the option to increase the pension amount every year.
- Customers can also select the Joint Life option to ensure financial security for their loved ones.
- After completing 3 months, the policy allows individuals to avail of a loan facility. • Even NPS subscribers have the opportunity to opt for this pension plan, expanding its accessibility.
- In case of unfortunate events, the policy provides Death Benefit either as a Lump sum or in the form of an Annuity to support the beneficiaries.
- The plan also offers a unique Benefit to Dependent Persons with Disabilities, promoting inclusivity and care.
- Additionally, policyholders can avail Tax Benefits under sec 80C, making it an attractive option for tax-conscious individuals.
Eligibility Criteria | ||
Minimum | Maximum | |
Age | 30 Years | 85 Years (Last Birthday) except option F |
Purchase Price | Rs. 1,00,000 | |
Pension | Rs. 1000 (Monthly | |
Rs. 3000 (Quarterly) | No Limit | |
Rs. 6000 (Quarterly) | ||
Rs. 12,000 (Yearly) |