LIC Jeevan Akshay VII (Plan No. 857)* is an immediate annuity (pension) plan from [LIC of India](htt...

LIC Jeevan Akshay VII (Plan No. 857)* is an immediate annuity (pension) plan from [LIC of India](https://licindia.in?utm_source=chatgpt.com). You invest a lump-sum amount once, and LIC starts paying a guaranteed pension immediately (monthly, quarterly, half-yearly, or yearly) for life, depending on the option selected. ### Key Features * One-time premium payment (single premium). * Guaranteed lifelong pension. * Multiple annuity options (single life, joint life, with/without return of purchase price, guaranteed period options, etc.). * Minimum purchase price: ₹1 lakh. * Entry age generally starts from 30 years (varies by option). * Loan facility available under eligible options after a specified period. ### Suitable For * Retired persons seeking regular guaranteed income. * People with a lump-sum corpus from retirement benefits, inheritance, or property sale. * Investors who prioritize certainty over higher returns. ### Important Considerations * Pension amount is fixed and may not keep pace with inflation. * Annuity income is taxable as per your income-tax slab. * Surrender options are limited and can result in significant losses if exited early. Community discussions highlight the importance of understanding surrender terms before investing. If you tell me: 1. Your age, 2. Investment amount (e.g., ₹5 lakh, ₹10 lakh, ₹20 lakh), 3. Whether you want pension for yourself only or for spouse also, I can estimate the monthly pension under LIC Jeevan Akshay 857 and compare it with alternatives such as LIC Jeevan Shanti or bank annuity/fixed-income options. Contact Me For More Information.. Mr. Shailesh Joshi Mobile : 9820143309 E-mail : shaileshsjoshi001@yahoo.co.in website : krishnainvestments.org To Know more about our provided services click on given link... https://mydc.in/?a=9820143309-10 https://saathi.licindia.co.in/s/shailesh-joshi/81280925 our financial adviser / best advisor in Mumbai / health insurance / corporate medical Insurance #LICPolicy2025 #insurancelearners #licjeevanumang #LICInvestment #LICScheme #lifeinsurancechallenge #LICPOlicyHolders #lifeinsurancebroker #licadvisor #LifeInsuranceAwarenessMonth #licplanning #licplan #financialfreedom #licfdplan #licposters #LIC #MoneyBackPlan #insurance #investment #financialplanning. @Dahisar @Malad @Borivali @Kandivali @Ahmedabad @Gujarat @vasai @Virar