LIC Endowment Plus Policy is a unit linked plan. You get saving, investment and insurance. All in one plan. UIN 512L261V01. The only demerit of LIC Endowment plus is “Maximum yearly premium Rs 100,000/- only and not more”. Invest in it today and enjoy these multitude of benefits. Benefits are High Returns, Liquidity, Flexibility, Tax Benefits, and Risk Cover!!!!

lic endowment plus

LIC Endowment Plus requirements:

  1. Entry age: 7 to 60 years.
  2. Maturity Age: 18 to 70 years.
  3. Term: 10 to 20 years.
  4. Lock In Period: 5 years.
  5. Surrender: Allowed
  6. Allocation: 3.3% SGL & 7.5% YLY
  7. SGL: 30000
  8. FP: YLY- 20000 to 1 lac

Benefits of LIC Endowment Plus Policy:

  • Risk Cover up to 30 times of annualized premium.
  • FOUR fund options available.
  • Unlimited switches (first 4 per year – FREE!).
  • Loan / Partial withdrawal facility.
  • Accident benefit and critical illness rider available.
  • Get more returns than ever before – charges greatly reduced.
  • 50% reduction in policy administration charges.
  • More than 60% reduction in allocation charges.
  • Liquidity – Loan available under UPLI for the first time (after 3 years).
  • Life risk – Option to take life risk cover at a very low cost. From 1.10 times of SP to 30 times of annual premium.
  • Full fund value as Surrender value after 5 years. No surrender charges.
  • Flexibility – 4 fund options to choose from.
  • Switching – 4 free switches in a year.
  • Reduction in risk cover allowed.

Other benefits of Endowment Plus LIC:

  1. Partial withdrawal allowed after 5 years.
  2. Critical illness rider allowed.
  3. Double accident benefit allowed.
  4. Available to persons in the age group 7-60.
  5. Minimum maturity age 18 years.
  6. Policy term from 10 to 20 years.
  7. Very low fund management  charges.
  8. Settlement option available.
  9. Minimum yearly premium Rs 20,000.
  10. Minimum Single premium Rs 30000. maximum: No limit.
  11. All modes of payment allowed.
  12. Income tax benefits available.

The most popular Market Plus is back with new additional benefits.! New Unit Linked Endowment Plan. Available at par NAV Rs 10 only for ltd period. News