LIC Index Plus : Add benefit of LIFE COVER to your MARKET INVESTMENT

LIC's Index Plus plan, which has provided financial security and the added benefit of investment growth. Its flexibility and comprehensive coverage make it a standout choice for long-term savings and insurance.

Benefits:    

•  Life insurance cover throughout the policy term. 
• Refund of mortality charges in respect of life insurance  cover excluding any extra amount chargeable under the policy due to underwriting decision and tax charges levied on the mortality charges on survival till maturity as specified in Para 2 below. 
• Guaranteed Additions as a percentage of Annual Premium shall be added to the Unit Fund at the end of specified policy durations and shall be utilized to purchase units.

•   Flexibility to choose:  
• Type of investment fund to invest the premiums as per your risk appetite. 
•  Basic Sum Assured as 7 or 10 times of Annualized Premium subject to Age at entry as specified in Para 1 below. 
• Amount of Premium payable, Policy Term subject to minimum and maximum limits of Premium, Policy Term and Maturity Age as specified in Para 1 below. 
•  Method of settlement of death benefits either in lump sum or in instalments.