LIC Jeevan Akshay VII plan is the best plan all over the World as LIC of India is a Life Insurance company fully owned by the Government of India. LIC Policy is having a Sovereign guarantee by the Government of India.
Policyholders of the LIC Jeevan Akshay VII plan are required to submit a Life Certificate yearly or once every 5 years.
LIC Jeevan Akshay plan Life certificate requirements
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LIC LIFE CERTIFICATE – WHEN TO SUBMIT – Option and submission of Life Certificates
Option – A/ G / H / I – Yearly
Option – B/ C / D / E – Yearly ( after completion of the guaranteed period )
Option – E (Plan 122) – Yearly
Option – F / J / 1 / 2 – Once every 5 years (If loan taken on Policy, then yearly)
Buy the guaranteed monthly returns,
LIC Jeevan Akshay VII plan
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LIC Life Certificate, when to submit?
LIC Life Certificate is to be submitted every year for some options but for options F & J – once in 5 years.
LIC Life Certificate can be attested by my LIC Agent?
The LIC Life certificate should be signed by a Class I Officer of the L.I.C. or a Gazetted Officer or a Registered Medical Practitioner, Employees of the Corporation in the cadre of HGA/ Development Officer with five years of service or an officer of any Bank where an account is maintained by the pensioner.
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