pension
LIC's New Pension Plus
Plan 867UIN 512L347V01
LIC's New Pension Plus is a current pension product listed on the official LIC India product index.
- Plan type: pension
- Plan number: 867
pension
LIC's Jeevan Akshay-VII
Plan 857UIN 512N337V07
LIC's Jeevan Akshay-VII is a current pension product listed on the official LIC India product index.
At a glance
Key highlights
Plan type
pension
Plan number
857
Who should consider this plan?
retirement planning, pension income
Eligibility and policy information
| minimum Entry Age | 25 years (completed) |
|---|---|
| maximum Entry Age | 85 years (completed) |
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly, Single Premium |
| Loan available | Yes |
| Surrender available | Yes |
Benefits and riders
Death benefit
Benefits payable on survival or on death of the Annuitant(s) under applicable annuity options shall be as under: Option Benefits Option A • The annuity payments shall be made in arrears for as long as the Annuitant is alive, as per the chosen mode of annuity payment. • On death of Annuitant, nothing shall be payable and the annuity payment shall cease immediately. Option B,C,D,E • The annuity payments shall be made in arrears for as long as the Annuitant is alive, as per the chosen mode of annuity payment. • On death of the Annuitant during the guaranteed period of 5/10/15/20 years, the annuity shall be payable to the nominee(s) till the end of the guaranteed period. • On death of the Annuitant after the guaranteed period, nothing shall be payable and the annuity payment shall cease immediately. 3 Option F • The annuity payments shall be
Maturity benefit
There is no maturity benefit under this plan.
Official documents
Product source on the Official LIC Website (opens in a new tab)
Important disclaimer
Please refer to the official LIC brochure and policy document for complete terms, conditions, exclusions and current availability.
Last verified: 2026-08-01
Personal assistance
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