YEAR old child (not an adopted child). It makes provision for HIGHER education / marriage of the child. Jeevan Sanchay is a without profit money-back plan available for the age group between 14 years and 58 years. LIC s Jeevan AKSHAY- VI is a pension plan for people who are at present in their retirement age and have no pension. Under this policy, LIC will pay the policy holders a reliable payment at normal time periods starting RIGHT after the holder pays a lump sum premium towards the cost of the policy. The annuitant can accept the payment as per his aspiration either monthly, QUARTERLY, half-yearly or yearly.

"> YEAR old child (not an adopted child). It makes provision for HIGHER education / marriage of the child. Jeevan Sanchay is a without profit money-back plan available for the age group between 14 years and 58 years. LIC s Jeevan AKSHAY- VI is a pension plan for people who are at present in their retirement age and have no pension. Under this policy, LIC will pay the policy holders a reliable payment at normal time periods starting RIGHT after the holder pays a lump sum premium towards the cost of the policy. The annuitant can accept the payment as per his aspiration either monthly, QUARTERLY, half-yearly or yearly.

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Which among the following policy of Life Insurance Company is related to regular old-age pension?

Indian Economy Indian economy miscellaneous in Indian Economy . 2 years ago

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LIC (Life Insurance Corporation, India) introduces its pension plan to offer individuals with regular income during their old age. Pension also well-known as retirement plans are predominantly intended for the citizens who are disposed to make their old age financially secure. Jeevan Kishore is a children s plan under which the child becomes the owner of the policy automatically at the age of 18 years. Jeevan Chhaya is beneficial for partner having less than a YEAR old child (not an adopted child). It makes provision for HIGHER education / marriage of the child. Jeevan Sanchay is a without profit money-back plan available for the age group between 14 years and 58 years. LIC s Jeevan AKSHAY- VI is a pension plan for people who are at present in their retirement age and have no pension. Under this policy, LIC will pay the policy holders a reliable payment at normal time periods starting RIGHT after the holder pays a lump sum premium towards the cost of the policy. The annuitant can accept the payment as per his aspiration either monthly, QUARTERLY, half-yearly or yearly.

Posted on 20 Mar 2022, this text provides information on Indian Economy related to Indian economy miscellaneous in Indian Economy. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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