k FEATURES OF THE PLAN

k FEATURES OF THE PLAN :
Plan that gives the benefits of various market related instruments coupled with insurance cover.
Premium payment term is limited to single 3, 4 or 5 years.
No limit for maximum premium
Premium can be paid in yearly, half yearly, quarterly, monthly (ECS) or single installments.
Minimum and Maximum age to purchase policy under this plan is 0 and 65 years respectively.
You can choose policy term between 5 to 20 years.
Plan offer a chose of 4 investment fund options viz. Bond, Secured, Balanced and Growth fund depending on your risk profile.
Policyholder can switch between any fund types during the policy term. 4 switches will be allowed free.
High liquidity in the form of partial withdrawals.
In case of maturity the policyholder will get an amount equal to the value of the units.
In case of death the policyholder is eligible to get higher of sum assured or the value of the units.
Maturity returns can be amplified by exercising “Settlement Option wherein the policyholder can encash the units in regular installments.
Flexibility to increase/decrease premium & withdraw money according to your needs.
Accident benefit rider and Critical illness rider options can be availed under this plan Enjoy tax benefit under section 80 CCE.

3) LIC MONEY PLUS- I :-

LIC’s MONEY Plus – I ULIP Plan No. :- 193
LIC’s New Money Plus – I Unit PlanThis is a Unit Linked Endowment plan with regular premium paying term which offers investment cum insurance during the term of the policy. You can choose the level of cover within the limits, which will depend on the level of premium you agree to pay.