LIC Jeevan Akshay VI Annuity: Is It Worth It?
Discontinuation of Jeevan Akshay VI by Life Insurance Corporation of India (LIC) from 1st December was hyped by media as a popular product coming to an end. It was touted as a product offering good returns which were impossible to sustain. This marketing hype got impetus with Insurance Regulatory and Development Authority of India (IRDAI) wanting the rate offered by the annuity plan to be...
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