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How to fill out jeevan akshay form lic

01

To fill out the Jeevan Akshay form LIC, follow these steps:

02

Download the Jeevan Akshay form from LIC's official website or collect it from a nearby LIC branch.

03

Fill in your personal information such as name, age, gender, address, contact details, etc. accurately.

04

Choose the type of annuity plan you want to opt for from the available options.

05

Select the annuity mode (monthly, quarterly, half-yearly, or yearly) and the payout frequency.

06

Provide details about the source of funds to purchase the annuity plan.

07

Decide whether you want to include any rider benefits along with the annuity plan.

08

Provide the necessary medical information if required.

09

Review all the details filled in the form and make sure there are no errors.

10

Sign the form and attach the required documents such as age proof, identity proof, address proof, etc.

11

Submit the filled form along with the documents to the LIC branch from where you obtained the form.

12

Pay the premium amount as per the plan selected.

13

Keep a copy of the filled form and payment receipt for future reference.

Who needs jeevan akshay form lic?

01

Jeevan Akshay form LIC is suitable for individuals who:

02

- Are looking for a regular income source after retirement

03

- Want to secure their and their spouse's financial future

04

- Have a lump sum amount available and want to convert it into a regular stream of income

05

- Seek a guaranteed and fixed income for their lifetime

06

- Wish to avail tax benefits on their annuity income

07

- Are looking for a hassle-free and convenient way to receive their pension

08

However, it's advisable to consult with a licensed financial advisor before investing in any insurance or annuity plan.

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What is jeevan akshay form lic?

Jeevan Akshay Form LIC is a pension plan offered by Life Insurance Corporation of India (LIC) where the policyholder receives immediate pension payments.

Who is required to file jeevan akshay form lic?

Individuals who are looking for a guaranteed income after retirement and are willing to invest a lump sum amount can file Jeevan Akshay Form LIC.

How to fill out jeevan akshay form lic?

To fill out Jeevan Akshay Form LIC, one needs to visit the LIC website or contact a LIC agent to get the necessary forms and guidance on the process.

What is the purpose of jeevan akshay form lic?

The purpose of Jeevan Akshay Form LIC is to provide a regular source of income to individuals after their retirement by investing a lump sum amount.

What information must be reported on jeevan akshay form lic?

The information required on Jeevan Akshay Form LIC includes personal details, investment amount, choice of pension option, and nominee details.

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