LIC OF INDIA LAUNCHES TWO UNIT LINKED PLANS

LIC Chairman Shri M R Kumar today launched two new unit-linked plans, LIC’s Nivesh Plus plan (UIN 512L317V01) and LIC’s SIIP (UIN 512L334V01)

LIC’s Nivesh Plus is a Single Premium, Non-Participating, Unit Linked, Individual Life Insurance plan which offers insurance cum investment during the term of the policy. The Proposer can choose the amount of Single Premium he/she desires to pay and has the flexibility to choose the Basic Sum Assured at the inception. The Sum Assured options are 1.25 times of the Single Premium or 10 times of the Single Premium. Guaranteed Additions as a percentage of Single Premium  shall be added to the Unit fund on completion of specific duration of policy years The allocated premium and Guaranteed Additions will be utilized to purchase units as per the opted fund type. The Minimum premium is Rs 1,00,000/- with no Maximum limit. 

LIC’s SIIP is a Regular Premium, Non-Participating, Unit Linked, Individual Life Insurance plan which offers insurance cum investment during the term of the policy. The Proposer can choose the amount of premium payable he/she desires to pay. Upon completion of specified duration of policy years, Guaranteed Additions as a percentage of Annualized Premium shall be added to the Unit Fund under an In-force policy. The allocated premium and Guaranteed Additions will be utilized to purchase units as per the opted fund type.The Basic sum assured offered for ages below 55 years is 10 times annualised premium and for ages 55 years and above it is 7 times annualized premium. The Minimum  premium payable is Rs 40000 (for yearly mode) with no maximum premium limit. 


On Maturity an amount equal to the Unit Fund Value is payable and partial withdrawals after fifth policy anniversary can be made subject to specific conditions, under both the plans.

In SIIP plan, in addition to maturity amount as mentioned above, total amount of mortality charges deducted will be refunded provided all due premiums under the policy have been paid.

Both the plans can be purchased Offline as well as Online. The plans are available for purchase from 2nd March,2020.

Comments

  1. Do you realize there's a 12 word phrase you can speak to your crush... that will trigger intense emotions of love and impulsive attractiveness for you deep inside his chest?

    Because deep inside these 12 words is a "secret signal" that fuels a man's instinct to love, look after and care for you with all his heart...

    ===> 12 Words Will Fuel A Man's Love Response

    This instinct is so hardwired into a man's brain that it will drive him to work better than ever before to build your relationship stronger.

    In fact, triggering this dominant instinct is absolutely mandatory to getting the best possible relationship with your man that once you send your man one of the "Secret Signals"...

    ...You will instantly notice him open his mind and soul to you in such a way he never experienced before and he'll recognize you as the only woman in the world who has ever truly interested him.

    ReplyDelete
  2. Thanks for sharing this impressive blog. I am also an LIC Agent in Delhi NCR

    ReplyDelete

Post a Comment

Popular posts from this blog

QNet launches New Luxury Chairos Watches

गोदरेज एंड बॉयस गोदरेज लॉकिम मोटर्स द्वारा चिकित्सा उपकरण कैलिब्रेशन सेवाओं के साथ भारत के स्वास्थ्य सेवा क्षेत्र की सुरक्षा

एस्टेक लाइफ साइंसेज ने आदि गोदरेज सेंटर फॉर केमिकल रिसर्च एंड डेवलपमेंट लॉन्च किया