Get India Life Insurance Corporation Form 440 2020-2025

Requirement of LIC Form No 360 - That is, a person below 18 years of age cannot take the right decision. Therefore, the form of his/her Life Insurance Policy will be filled by the proposer.

LIC Jeevan Akshay-VII is a non-linked, non-participating individual instant annuity plan. This plan is available for offline and online purchase. LIC Jeevan Akshay-VII is a non-linked, non-participating, individual immediate annuity plan launched on February 28, 2023. This plan can be purchased both offline and online.

LIC Jeevan Akshay Interest rate 2023 to avail loan is 9.50% p.a. compounding half- yearly 11 for entire term of the loan.

Very Important – You can surrender your Jeevan Akshay plan ONLY if you have selected the Annuity Option of “Return of Purchase Price”. Also, you should have completed one year from the purchase of the plan to surrender it.

It is an Immediate Annuity plan, which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant. Various options are available for the type and mode of payment of annuities.

LIC Jeevan Akshay is an Immediate Annuity plan offered by Indian Life insurance and investment company Life Insurance Corporation of India (LIC). It is a single premium policy and has to be purchased by paying a lumpsum amount at once. The annuity can be paid monthly, quarterly, biannually or annually as chosen.

Requirement of LIC Form No 360 - That is, a person below 18 years of age cannot take the right decision. Therefore, the form of his/her Life Insurance Policy will be filled by the proposer.

LIC Jeevan Akshay-VII is a non-linked, non-participating individual instant annuity plan. This plan is available for offline and online purchase. LIC Jeevan Akshay-VII is a non-linked, non-participating, individual immediate annuity plan launched on February 28, 2023. This plan can be purchased both offline and online.

LIC Jeevan Akshay Interest rate 2023 to avail loan is 9.50% p.a. compounding half- yearly 11 for entire term of the loan.

Very Important – You can surrender your Jeevan Akshay plan ONLY if you have selected the Annuity Option of “Return of Purchase Price”. Also, you should have completed one year from the purchase of the plan to surrender it.

It is an Immediate Annuity plan, which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant. Various options are available for the type and mode of payment of annuities.