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Lic vs Pos Goal Suraksha Plan

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Lic vs Pos Goal Suraksha Plan

Lic

Jeevan Akshay- VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays annuity or pension to the policyholder on annuity age. The annuity plan also allows joint life cover. The plan provides annuity payments of a stated amount throughout the lifetim...

Pos Goal Suraksha Plan

Bajaj POS Goal Suraksha Plan is a combination of a life insurance plan and a savings plan. It provides death benefits to your loved ones in case of your unfortunate demise while also helping to save money for future financial goals in case you outlive the policy term. This plan can be your ideal cho...

PLAN DETAILS

Lic


Pos Goal Suraksha Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Guaranteed additions
  • Limited payment term
  • Alter payment modes
Plan Uniqueness
  • Annuity Options
  • Loan Facility
  • Guaranteed Annuity Rates
  • Guranteed addition
  • Limited PPT
  • Loan on policy
Plan Maturity age Maximum Maturity Age - Whole life Maximum Maturity Age - 65 years
Premium payment term - 5,6,7,8,10,12 years
Plan Entry Age Minimum Age - 25 years Maximum Age - 100 years Minimum Age - 0 years Maximum Age - 55 years
Sum assured Rs 1 lakhs to No limit Minimum- Rs 30,000 Maximum- Rs 25 lakhs
Premium payment frequency Annual, half-yearly, quarterly & monthly Monthly, Quarterly, Half-yearly, and Yearly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 5 years Maximum term - Whole life 10,12,15, 20 years
Claim Settlement Ratio (2024-25) 98.5% 99.29%

Know More About Plans

Jeevan Akshay- VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays annuity or pension to the policyholder on annuity age. The annuity plan also allows joint life cover. The plan provides annuity payments of a stated amount throughout the lifetime of the annuitant.

LIC Jeevan Akshay Plan offers various annuity options for policyholders to choose from.

LIC Jeevan Akshay VII Plan offers you a range of benefits including:

why-choose
  • Annuity Options
  • Whole life cover
  • Loan Facility
  • Guaranteed Annuity Rates
  • Incentives
  • No Medical Examination

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