If you buy this policy from LIC you will get a lifetime pension. It is enough if you pay only one premium. At this young age you can run and work. But in your spare time you will need a fixed amount to live on your own without anyone’s kindness. For that you need to be ready to save from now on. Benson will help you take care of yourself in your final days, without thinking that your children will save you in the future.
LIC Life Insurance Company is implementing various schemes. LIC helps you if you have a retirement plan or want to live a comfortable life without financial crisis. The Jeevan Akshay Policy Scheme is a scheme implemented by LIC for a comfortable life in retirement. The highlight of this plan is that you will get a pension of up to Rs 5,000 per month if you pay a single premium.
You have to pay a single premium of Rs.10.18 lakh. Then you will get a pension of Rs 61,250 per year. That is Rs 4,946 per month. You can probably buy a pension once every three months or once every six months if you wish. 14,925 for 3 months and Rs. 30,125 for 6 months. Any Indian citizen between the ages of 30 and 85 can purchase this policy.