LIC - Pension plan policy

LIC Pension & Endowment Plans | Jeevan Akshay VII & Jeevan Anand

Jeevan Akshay VII

Jeevan Anand

LIC's Jeevan Akshay VII (Plan No. 857)

"Immediate annuity plan with lifelong pension after single premium payment!"

This immediate annuity plan is ideal for retirees who want:

✓ Guaranteed pension for life from policy commencement

✓ Multiple annuity options to suit different needs

✓ Tax benefits under Section 80C for purchase

✓ No medical examination required

Available Annuity Options:

1. Annuity for life

2. Annuity with return of purchase price

3. Joint life annuity

4. Increasing annuity (3% p.a.)

Calculate your pension based on investment amount:

Jeevan Akshay VII Calculator

Purchase Price (₹)

Annuitant Age

Annuity Option

Payout Frequency

Pension Projections

Description	Amount (₹)
Annual Pension
Monthly Pension
Total Pension in 10 Years
Total Pension in 20 Years
Effective Yield

Note: Pension amounts are guaranteed for life. For joint life options, pension continues to spouse after primary annuitant's death.

LIC's Jeevan Anand (Plan No. 815)

"Endowment plan with life cover that continues even after policy term!"

This participating endowment plan offers:

✓ Maturity benefit after policy term (Sum Assured + bonuses)

✓ Life cover continues till death even after maturity

✓ Bonus accumulation throughout the policy term

✓ Tax benefits under Section 80C and 10(10D)

Calculate your maturity benefits and life cover:

Jeevan Anand Calculator

Sum Assured (₹)

Policyholder Age

Policy Term (Years)

Bonus Rate (per ₹1000 SA)

Expected Final Bonus (₹)

Projected Benefits

Description	Amount (₹)
Annual Premium
Total Premiums Paid
Maturity Benefit
Death Benefit During Policy Term
Death Benefit After Policy Term
Effective Annual Return (XIRR)

Note: Bonuses are declared annually and may vary. Death benefit after maturity is basic Sum Assured (without bonuses).

Need Help Choosing the Right Plan?

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