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ULIP Plans

ULIP (Unit Linked Insurance Plan) is a life insurance plan that combines life cover with market-linked investment. A part of the premium provides life insurance protection, while the remaining amount is invested in funds such as equity, debt or balanced funds, as per the plan’s options.

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ULIPs can help you work towards long-term financial goals like your child’s education, retirement or wealth creation. Some plans also allow you to switch between funds according to your needs and the policy conditions.

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ULIPs generally have a five-year lock-in period, and applicable charges may apply. Since returns depend on market performance, they are not guaranteed, and investment risk is borne by the policyholder. We can help you understand ULIP features and choose a suitable plan based on your financial goals and risk appetite.

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Protect Your Family. Invest for Your Future.

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  • NEW ENDOWMENT PLUS

Protection with Savings for Your Future LIC’s New Endowment Plan is a traditional life insurance plan that combines financial protection for your family with long-term savings. It helps you build a financial fund over a selected policy term while providing life insurance cover during the policy period, subject to the policy terms. On survival until the end of the policy term, you receive the maturity benefit as specified in the policy. In the unfortunate event of the policyholder’s death during the policy term, a death benefit is payable to the nominee, subject to policy conditions. This plan can help you plan for future financial needs while providing your family with financial security. Key Benefits - Life Insurance Protection: Provides financial protection for your family during the policy term. - Maturity Benefit: Receive the applicable maturity benefit if you survive the policy term. - Long-Term Savings: Build savings through regular premium payments. - Family Security: Help provide financial support to your loved ones. - Bonus Benefits: Eligible policies may receive bonuses, as declared by LIC and subject to policy terms. Secure Your Family’s Future. Save Today for a Better Tomorrow.

  • PROTECTION PLUS

Life Protection with Market Linked Wealth Creation LIC’s Protection Plus is a Unit Linked Insurance Plan (ULIP) that combines life insurance protection with market-linked investment to help you work towards your long-term financial goals. It offers a choice of six investment fund options, allowing you to select funds according to your financial objectives and risk appetite. You can choose regular or limited premium payment options and make additional top-up investments, subject to policy conditions. The plan also provides flexibility to increase or decrease the Sum Assured as permitted under the policy. Partial withdrawals are allowed after the completion of five years, subject to applicable conditions. At maturity, the fund value is payable, along with a refund of eligible mortality charges as specified in the policy. Since this is a market-linked plan, returns are not guaranteed and investment risk is borne by the policyholder. Key Benefits - Life Insurance Protection: Provides life cover throughout the policy term, subject to policy conditions. - Multiple Investment Funds: Choose from six fund options to suit your investment needs and risk appetite. - Flexible Premium Payments: Select regular or limited premium payment options. - Top-Up Investment: Invest additional amounts through top-up premiums, subject to policy conditions. - Partial Withdrawals: Access part of your fund value after five years, subject to applicable rules. - Maturity Benefit: Receive the applicable fund value and eligible refund of mortality charges as specified in the policy. Protect Your Family. Grow Your Wealth. Secure Your Future.

  • SIIP  PLAN
  • INDEX PLUS

Systematic Investment with Insurance Protection LIC’s SIIP (Systematic Investment Insurance Plan) is a Unit Linked Insurance Plan (ULIP) that combines life insurance protection with market-linked investment to help you work towards your long-term financial goals. It offers four investment fund options, allowing you to choose according to your financial objectives and risk appetite. The plan provides life cover throughout the policy term, along with guaranteed additions at specified policy milestones and a refund of eligible mortality charges on survival to maturity, subject to policy conditions. You can invest through regular premium payments and benefit from the potential growth of market-linked investments over time. Partial withdrawals are permitted after the five-year lock-in period, subject to policy rules. Since returns depend on market performance, they are not guaranteed, and investment risk is borne by the policyholder. Key Benefits - Life Insurance Protection: Provides life cover during the policy term, subject to policy conditions. - Four Investment Fund Options: Choose from Growth, Balanced, Secured and Bond funds according to your risk appetite. - Guaranteed Additions: Receive additions to your unit fund at specified policy milestones, as defined in the policy. - Mortality Charge Refund: Eligible mortality charges are refunded on survival to maturity, subject to policy terms. - Long-Term Wealth Creation: Build a fund for future financial goals through regular investments. - Partial Withdrawals: Access your investment after the five-year lock-in period, subject to applicable conditions. Start Investing for Tomorrow. Secure Your Family’s Future Today!

Market-Linked Investment with Life Protection LIC’s Index Plus is a Unit Linked Insurance Plan (ULIP) that combines life insurance protection with market-linked investment to help you work towards your long-term financial goals. It offers two investment fund options: Flexi Growth Fund, which invests primarily in selected stocks forming part of the NIFTY 100 index, and Flexi Smart Growth Fund, which invests primarily in selected stocks forming part of the NIFTY 50 index. The plan also provides guaranteed additions at specified policy milestones, subject to policy conditions, along with life insurance cover throughout the policy term. On maturity, the applicable unit fund value is payable, along with a refund of eligible mortality charges as specified in the policy. Partial withdrawals are permitted after the five-year lock-in period, subject to applicable rules. Since this is a market-linked investment, returns are not guaranteed, and investment risk is borne by the policyholder. Key Benefits - Life Insurance Protection: Provides life cover during the policy term, subject to policy conditions. - Two Investment Fund Options: Choose between funds linked to stocks in the NIFTY 50 or NIFTY 100 indices. - Guaranteed Additions: Receive additions to your unit fund at specified policy milestones, as defined in the policy. - Maturity Benefit: Receive the applicable fund value and eligible refund of mortality charges, subject to policy terms. - Partial Withdrawals: Access part of your fund value after the five-year lock-in period, subject to conditions. - Long-Term Wealth Creation: Invest regularly towards your future financial goals while maintaining life insurance protection. Invest for Growth. Protect What Matters Most.

  • NIVESH PLUS
  • NEW PENSION PLUS

Single Investment, Long-Term Growth LIC’s Nivesh Plus is a Unit Linked Insurance Plan (ULIP) that combines life insurance protection with market-linked investment. It is designed for individuals who want to invest a lump sum amount towards long-term financial goals while providing life cover to their loved ones. The plan offers four investment fund options to choose from according to your financial objectives and risk appetite. It also provides guaranteed additions at specified policy milestones, subject to policy conditions. You can select from available life cover options and policy terms, as permitted under the plan. On maturity, the applicable fund value is payable. Partial withdrawals are permitted after the five-year lock-in period, subject to policy rules. Since the investment is market-linked, returns are not guaranteed, and investment risk is borne by the policyholder. Key Benefits - Single Premium Investment: Invest a lump sum amount instead of making regular premium payments. - Life Insurance Protection: Provides life cover during the policy term, subject to policy conditions. - Four Investment Fund Options: Choose a fund according to your financial goals and risk appetite. - Guaranteed Additions: Receive additions to your unit fund at specified policy milestones, as defined in the policy. - Flexible Life Cover: Choose from the available Sum Assured options, subject to eligibility conditions. - Maturity Benefit: Receive the applicable fund value at the end of the policy term. - Partial Withdrawals: Access part of your investment after the five-year lock-in period, subject to policy conditions. Invest Smartly Today. Secure Your Family’s Tomorrow!

Build Your Retirement Fund for a Secure Tomorrow LIC’s New Pension Plus is a Unit Linked Pension Plan designed to help you build a retirement fund through disciplined, long-term investments. You can choose between single premium and regular premium payment options and invest in different funds according to your financial goals and risk appetite. The plan offers guaranteed additions at specified policy milestones, subject to policy conditions, helping enhance your investment fund over time. You may also switch between available funds and make partial withdrawals after the five-year lock-in period, as permitted under the policy. At the end of the policy term, the accumulated fund value can be used to purchase an annuity to provide regular retirement income, with lump-sum withdrawal permitted within applicable regulatory limits. Since the plan is market-linked, the investment value may rise or fall, and returns are not guaranteed. Key Benefits - Retirement Fund Creation: Build a corpus through systematic or single-premium investment. - Flexible Premium Options: Choose single or regular premium payments. - Guaranteed Additions: Receive additions at specified policy milestones, subject to policy conditions. - Multiple Fund Choices: Select from available investment funds according to your risk appetite. - Partial Withdrawals: Access funds after the five-year lock-in period, subject to policy rules. - Retirement Income: Use the accumulated fund to purchase an annuity for regular income, as per applicable rules. - Long-Term Financial Planning: Prepare for your retirement with a structured investment approach. Start Planning Today for a More Comfortable Retirement Tomorrow!

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