LIC Jeevan Akshay-6

By | February 24, 2016

LIC की जीवन अक्षय 6, 30 नवम्बर 2017 को बंद होने जा रही है, निवेश का है अंतिम मौका।

LIC Jeevan Akshay-6

LIC Jeevan Akshay-6

LIC Jeevan Akshay-6 Policy Details and Features

LIC Jeevan Akshay-6 plan is an annuity plan which  starts pension immediately without any delay. All other deferred annuity plans of LIC purchase annuity from LIC Jeevan Akshay-6 Plan and avails the pension options. Jeevan Akshay-6 has 7 pension options to choose from but once chosen, the option cannot be altered हिंदी में जानेंsince pension starts immediately without delay. Annuity may be paid monthly, quarterly, half yearly or yearly intervals. It starts from the next possible interval as chosen.

Features of LIC Jeevan Akshay-6

There are seven options given below with this LIC Jeevan Akshay-6.

  1. Pension for Whole Life– Pension will be paid till annuitant Alive.
  2. Pension for Period– Pensioner has option 5, 10, 15 or 20 years for choose pension, thereafter as long as pensioner is alive.
  3. Pension with return of Annuity Price– Pension will continue till annuitant is Alive.
  4. Annuity Increase– Annuity will increase 3% per year till Annuitant is Alive.
  5. Joint Life Annuity Option with 50% to Spouse– in this option Annuitant will get whole life Pension but after his death spouse will get only 50% of Annuitant Pension.
  6. Joint Life Annuity option with 100% to Spouse– in this option Spouse will get 100% pension till alive.
  7. Joint Life Annuity option with 100% to Spouse with Return of Purchase Price– in this option, Spouse will get 100% Pension but after her death Purchase price return to Last Survivor.

Death Benefits from LIC Jeevan Akshay-6 Plan

Death Benefit – In case Death of Pensioner Following Benefits available for Nominee.

  • Pension for Whole Life– After death of Annuitant Pension Stop. Nominee will get nothing.
  • Pension for Period (a) Death during Purchase Period, Nominee will get annuity till purchase period. (b) Death after Purchase Price Annuity Stop, nominee will not get anything.
  • Pension with return of Annuity Price After Death of Annuitant, purchase price of Annuity return to Nominee.
  • Annuity Increase – After death of annuitant, Annuity stop, Nominee will not get anything.
  • Joint Life Annuity Option with 50% to Spouse– in case, Death of Annuitant, 50% pension of Annuitant will provide to Spouse till Whole Life.
  • Joint Life Annuity option with 100% to Spouse– in case, Death of Annuitant, 100% Pension of Annuitant will Provide to Spouse till Whole Life.
  • Joint Life Annuity option with 100% to Spouse with Return of Purchase Price– in case Death of Annuitant, Spouse will get Pension and after Spouse Death, Annuity Amount Returned to Last Survivor.

Maturity Benefit: Maturity Benefits Option not available with LIC Jeevan Akshay-VI.

Income tax Benefit: Income Tax Benefits available under section 80C on Paid Premium.

Pension Mode of LIC Jeevan Akshay-6

When you purchase annuity, you have option to select annuity mode, which will be Monthly, Quarterly, Half yearly & yearly.

Eligibility conditions in LIC Jeevan Akshay-6 Plan

Age:Minimum age 30 years and Maximum age 85 years. Age Proof Required for this Policy.

Medical: No Medical check-up required.

Annuity Limit:No any annuity limit for LIC Jeevan Akashay-VI, But minimum will be 1 Lakh .

Loan Option with LIC Jeevan Akshay-VI: No any Loan Option available with Policy.

Surrender Value: No, any surrender Value with this Policy.

Cooling Off Period: You can cancel this policy within 15 days, after receiving of bond if not satisfied with Terms. LIC will charge only stamp duty & return all amounts and cancel this policy.

When we Receive First Pension in Jeevan Akshay-6 ?

You can Receive Pension from Next Month, Quarterly, Half-Yearly or Yearly.Its depend on mode you Select.

Services that I offer

  • New LIC Policy Quotes and Completion
  • Complete guidance
  • Doorstep Premium Collection Service
  • Personalized Policy Recommendations
  • Renewal / Revival of Lapsed Policies
  • Human Life Value Calculation
  • Life Time Services




Office Address:-

25,KG,Marg,Jeevan Prakash Building.

LIC of India,Branch Unit-117.

3rd floor,C.P. New Delhi-110001.

6 thoughts on “LIC Jeevan Akshay-6

  1. Rajkumar agarwal

    Sir mene 2016. Me jeevan akshay 6 pension Plan lia tha value 925000 hai me use surrender karna chahta hurt kaese hoga agent NE hame nahi bola kids ise surrender karne me ye problem aati hai usko bola to bolta hai muje bhi nahi malum tha

    1. B.N.PANCHOLI Post author

      Aap jeevan akshay ko surrender nahi kara sakte. Ya death par paise milenge yaa koe major bimari me. Yadi aapne option F liya ho.

  2. हरष

    कोई ऐसा प्लान बताइए जिसमे २० या ३० साल के लिए सालाना पैसा निवेश किया जाए और ६० साल के बाद पेंशन मिले, यदि पेंशन १ लाख बने तो अच्छा है !

    1. B.N.PANCHOLI Post author

      Mr. A

      Plan : Jeevan Nidhi Regular Premium – 818

      Age : 30 years
      Term : 30 years

      Sum Assured : 40,00,000
      Year 1 Premium (incl. 4.5% GST) : 1,28,665/yr
      Year 2 Premium (incl. 2.25% GST) : 1,25,894/yr
      Average Premium/Day : 344

      Premium Payment Options
      Yearly : 1,25,894
      Half-Yearly : 62,947
      Quarterly : 31,474
      Monthly : 10,491

      Pay 1,23,124+G.S.T./yr for 30 years
      Get 1,40,00,000 , tax-free, at age 60
      Get life cover up to 1,40,00,000
      Save tax of 11,41,350 over 30 years


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