Tag Archives: Annuity


LIC’s Jeevan Akshay VI Pension Plan 189

LIC’s Jeevan Akshay VI is a Pension /Annuity Plan under Table No 189. It is a plan with a Single premium, with Annuity Option, non-linked Endowment Plan Sum Assured: Minimum limit for the sum assured is Rs. 1, 50,000/- for online and Rs. 1, 00,000/- for other Channel, there is no maximum limit. Premium Paying Term: Single Premium Policy. Entry Age: 30 Year to Age 85 Year, for Option F 100 Year (LBD) Premium Payment Mode: Single Premium. Maturity Benefits: As per Option Selected. Income Tax Benefit: Premium paid under this policy is tax exempted under section 80C. Liquidity Benefit: No Loan facility available under this plan. Continue Reading »