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Lic Jeevan Akshay
VS
Hdfc Sanchay Plus
| PLAN DETAILS |
Lic Jeevan Akshay |
Hdfc Sanchay Plus |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - NA | Maximum Maturity Age - 80 years |
| Premium payment term | 5 to 20 years | 5 to 12 years |
| Plan Entry Age | Minimum Age - 25 years Maximum Age - 85 years | Minimum Age - 5 years Maximum Age - 60 years |
| Sum assured | Rs 10 lakh to No limit | 105% of the Total Premium Paid |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | Minimum term - 10 years Maximum term - 20 years | Minimum term - 6 years Maximum term - 20 years |
| Claim Settlement Ratio (2024-25) | 98.5% | Minimum Age - 5 year |
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HDFC Life Sanchay Plus Guaranteed Income Plan |
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LIC Jeevan Akshay VI Plan is an immediate annuity pure pension plan for senior citizens provided by one of the top ranked insurance companies in India, Life Insurance Corporation of India (LIC).
It is a smart retirement investment plan, a lump sum amount is to be paid to purchase the policy. Under this annuity plan, pension for a regular interval of time immediately after the payment of premium is received by the insured. The type and mode of payment is to be selected by the policyholder from multiple options available.
The plan is ideal for retired people so as to remain independent and financially stable after their retirement.
LIC Jeevan Akshay Plan offers you a range of benefits including:
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