Life Insurance Corporation of India modifies two annuity plans

GUWAHATI: The Life Insurance Corporation of India (LIC) has modified LIC's Jeevan Akshay VII (Plan No. 857) and New Jeevan Shanti (Plan No.858) and revised annuity rates in respect of these annuity plans with effect from February 1, stated a press release.

The modified version of these plans with revised annuity rates shall be available for sale from 1st February 1. The annuity amount under both annuity options of New Jeevan Shanti can be calculated through calculator provided in LIC's website as well as through various LIC Apps. In addition to revision of annuity rates, LIC's Jeevan Akshay VII (Plan no 857) can be purchased from new distribution channel Common Public Service Centres (CPSC – SPV) along with other existing distribution channels.

The plans are available both online and offline.

More details are available at www.licindia.in or any LIC branch.

Also Read:  Life Insurance Corporation of India Doomdooma Branch observed 'Insurance Week'

Also watch: