07/08/2024
**7 Secrets of LIC Jeevan Akshay Pension Scheme**
1. **Immediate Annuity**: Unlike many other pension schemes, LIC Jeevan Akshay starts giving you pension immediately after you invest. You don't have to wait for years to start receiving your pension.
2. **Multiple Annuity Options**: The scheme offers 10 different types of annuity options. This allows you to choose how you want to receive your pension based on your financial needs and preferences. Options include lifetime pension, pension for a certain period, and pension with a return of purchase price.
3. **No Medical Examination**: You can invest in the Jeevan Akshay scheme without undergoing any medical examination, making it hassle-free and easily accessible.
4. **Single Premium Payment**: You only need to make a one-time premium payment to start your pension. There are no recurring premium payments, simplifying your financial planning.
5. **Guaranteed Income**: The pension amount you receive is fixed and guaranteed for life. This provides financial stability and predictability in your retirement years.
6. **Tax Benefits**: The premium paid for this scheme is eligible for tax deductions under Section 80C of the Income Tax Act. Additionally, the pension income may also have favorable tax treatment, depending on the prevailing tax laws.
7. **Spouse Protection**: Some annuity options provide pension to your spouse in case of your demise. This ensures that your loved ones are also financially secure after you.
LIC Jeevan Akshay Pension Scheme is a comprehensive solution for securing a stable and worry-free retirement, making it a valuable investment for your future.
For more details contact me.
Regards
Shiv Sharan Mandal
Development Officer
Digital LIC Team Leader Kolkata
Contact No 8583036782.