Premium | Option | Pension | |
---|---|---|---|
(One Time Premium) | |||
(One Time Premium) | |||
(One Time Premium) |

Guaranteed Lifetime Pension

Multiple Annuity Options

Immediate Annuity Payouts

Return of Purchase Price

Joint Life Option Available

Income Tax benefit
Lifetime Annuity – till the annuitant is alive
Annuity with Return of Purchase Price (ROP)
Annuity for 5 / 10 / 15 / 20 years guaranteed, then for life
Annuity for life with increasing pension
Joint Life Annuity (spouse continues)
Joint Life Annuity with ROP on last survivor’s death

SAMPLE POLICY DOCUMENT

Virtual Demo
Why Choose LIC Jeevan Akshay VII?
- 📌 Government-backed security from LIC
- 🔧 Flexibility to select annuity options based on financial goals
- 👵 Ideal for retirement planning, senior citizens, and early retirees
- 🛡️ Protection for spouse or dependent (in joint annuity options)
- 🌐 Accessible to NRIs with online purchase facility
Why LIC is the Best Choice for Pension?