Comments on: Jeevan Akshay VI

By: Dr. K. C. Goel

Dr. K. C. Goel — Fri, 01 Oct 2010 20:40:16 +0000

Joint Jeevan Akshay Immediate Annuity: Surviving spouce gets same monthly payment per month; DOB July 12, 1937 and wife Sept 9, 1943. Assume one payment of 1 crore.
No residual value upon second death.
What would be the monthly payment to us.

By: GN RAO

GN RAO — Sun, 26 Sep 2010 02:08:12 +0000

i want to invest in jeevan akshay. i would like to know the returns on this.

By: anil arya

anil arya — Wed, 31 Mar 2010 14:13:38 +0000

i want to invest in monthly incom scheemeof lic .what isthe rate of interst if i invest lumpsump amount of rs3.00lac.show calculation

By: Sameer Trivedi

Sameer Trivedi — Thu, 25 Feb 2010 14:35:16 +0000

Both are Good Options. U have to choose any one because money is yours.

By: Ravi Kumar Sharma

Ravi Kumar Sharma — Wed, 17 Feb 2010 11:00:35 +0000

Hi,
I have 2 lac rupees. Want pension plan for a 60+ old man. What should I choose between Jeevan Akshay VI and Post Office Monthly Income Plan.
Kindly advice urgently.
Best regards.

By: Asit Kumar Paul

Asit Kumar Paul — Wed, 03 Feb 2010 09:12:18 +0000

Please give the details of annuity in a comparable statement.

By: HARIKRISHNA RAO

HARIKRISHNA RAO — Wed, 06 Jan 2010 05:48:26 +0000

Details given are most useful. Taking an example, Can you provide a model calculation for all the options described above? Common man may not understand which option is most beneficial. If sample is given, one can compare easily, and exercise his option.
Kindly describe the annuity .. i.e.rate at which annuity is paid. Does it vary every year? On what basis LIC decides the Rate for annuity? etc.