Launch Date : 25th February, 2011.

The name of this plan is still not decided yet. It can be either LIC Samriddhi Plus Table number 804.

Age Entry: 8 to 65 years.

Policy Term :  10 Years.

Premium paying Term : 5 years (on yearly basis) or Single mode

Minimum premium : 15000 yearly  |  8000 half yearly  |  4000 quaterly

ECS  : 1500 per month

Single Premium : Minimum 30,000 Rs. |  Maximum No limit

Risk Cover : Lic Samruddhi Plus 10 times for yearly or Half Yearly  premium  (if age is under 45 years) |  7 times for yearly or Half Yearly  premium  (if age is above 45 years)  |  1.25% for Single Mode (if age is under 45 years) | 1.10% for Single Mode  (if age is above 45 years)

Allocation Charges  :  Single (3.3%)  |  Regular (6%)

Policy Administration charges : Rs 30 first year | Rs 9 for subsequent years. (Lic Samruddhi Plus )

Minimum Maturity Age term  :  18 years

Maximum Maturity Age term :  75 years

Highest NAV Guaranteed in first 100 month (8 years 4 month)

LIC SAMRIDHI PLUS (Samruddhi Plus ) is a unit linked plan with a policy term of ten years that provide payment of Fund Value towards the end of the policy term based on the Utmost Net Asset Value (NAV) above the first one hundred months of the policy or the NAV as applicable at the end of the policy term, whatever is higher.
Benefits payable on death: Samruddhi Plus In case of death of the policyholder when the risk cover is in full force, the nominee shall be eligible to get higher of Sum Assured under the Basic Plan and the Policyholder’s Fund Value as at the date of reserving the liability.The policyholder’s Fund on demise shall be specified at the prevailing NAV as on the date of booking of the liability.
Rewards payable on maturity: On the policyholder surviving at the end of policy term an amount equal to the Policyholder’s Fund Value based on the maximum NAV over the first 100 months of the policy or the NAV as applicable by the end of the policy term, whichever is highest, shall be payable.
Accident Benefit Rider Option: Accidental death of the Policyholder throughout the term of the policy, a sum equal to the Accident Benefit Sum Assured will become payable, provided the Accident benefit cover is chosen for and is in enforce.

To apply for this plan, please click here Apply Online or call our Registered LIC Agent on

+91-9850-674-066. Our Agent will not be able to help you for policies that are already taken. Please call LIC on 1251 for inquiries about your policy that you have already purchased or taken.

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