What is LIC Jeevan Akshay VI policy?

What is LIC Jeevan Akshay VI policy?

The LIC Jeevan Akshay VI Plan is an Immediate Annuity Plan that can be bought by paying a lump sum amount by a person. This policy offers annuity payouts in different time frames such as monthly, quarterly, half-yearly or annually. The amount is fixed and depends on the amount invested in the policy.

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