Is LIC Jeevan Akshay Still Open and Available for Purchase?
LIC Jeevan Akshay, a well-known life insurance product from the Life Insurance Corporation of India (LIC), continues to be available for purchase. While certain aspects of the policy have evolved over time, it remains a viable financial option, especially for those concerned about long-term savings and guaranteed returns.
Current Status of LIC Jeevan Akshay
Yes, LIC Jeevan Akshay is still open for purchase, albeit with some adjustments to the terms and conditions. Currently, the policy is available with a slightly reduced rate compared to the long-term deposit rates offered by banks. However, it still ensures a guaranteed return for life, making it an attractive choice for those looking for a secure and reliable investment option.
For detailed information and the most up-to-date rates and conditions, you should visit the official LIC website. The website provides comprehensive details about the policy, including its features, benefits, and how to purchase it.
Recent Updates and Changes
There have been some recent changes and clarifications related to LIC Jeevan Akshay:
Jeevan Akshay 6
Yes, Jeevan Akshay 6 is still open for purchase. However, it's important to note that this policy may be withdrawn without prior notice, reflecting the current downward trend in interest rates. Therefore, it's advisable to consider your investment needs and be prepared for potential changes in the market conditions.
Medical Surrender Option
There is now a new feature that allows policyholders to surrender the Jeevan Akshay policy on medical grounds for 21 listed medical conditions. This provides an additional layer of flexibility for policyholders, especially those facing health-related issues. To explore this option, you should contact your LIC agent or developmental officer for more information.
Online Purchase Option
Purchasing Jeevan Akshay is now more convenient than ever. You can buy the policy online, making the process quick and hassle-free. If you need any further assistance or have specific questions, you can contact the customer service number at 91-8959-59850387.
Key Points to Consider
LIC Jeevan Akshay, particularly the Jeevan Akshay 6 variant, offers several benefits, including:
Guaranteed Returns: The policy guarantees returns for life, providing a stable investment option. Flexibility: The recent medical surrender option adds an extra layer of flexibility, allowing policyholders to adjust their financial strategies based on health conditions. Online Purchase: The convenience of purchasing the policy online makes it an attractive option for modern investors. Pension Plan: It's important to note that Jeevan Akshay 6 is a pension plan and cannot be surrendered, reflecting its long-term nature.Conclusion
In conclusion, LIC Jeevan Akshay remains a relevant and valuable product for long-term financial planning. Whether you decide to purchase it online or seek additional information, the policy offers a combination of guaranteed returns, flexibility, and convenience. For the most accurate and detailed information, always consult the official LIC website or contact your LIC agent.
Stay informed and make the most of the options available to you. For more detailed information and support, visit