LIC Wealth Plus
Wealth Plus will start from 9th February, 2010 for a maximum period of three months. It is a ULIP with term for 8 years providing life cover also. At the end of policy term and the policy is in full force, payment of fund value will be made based on the highest NAV over the first 7 years of the policy or the NAV as applicable at the end of the policy terms whichever is higher.
Guarantee will be applicable only for payment to be made at the end of the policy terms – 8 years. There will be an extended life cover for 2 years after completion of policy term.
(This Plan has been closed on 8th May, 2010)
1. Highest NAV of 7 year guaranteed.
2. Very Attractive Returns.
3. Life cover.
4. Minimum Yearly premium Rs. 20,000 for three years term policy and there is no limit on maximum premium.
5. Tax Exemption.
6. Limited Period Offer (Only for three months).
Premium payment under this plan is limited to single or 3 years. With this plan accident benefit facility is also available. In case of death of policy holder during policy term, and the policy is in full force, the nominee shall get the sum assured under the basic plan along with the policyholders fund value.
After the policy term but before the expiring of the extended life cover period, in case of death, the nominee will receive the sum assured under the basic plan. 3 years will be the locking period and it can be surrendered only during the policy terms after completion of third year. This plan comes under Tax Benefit 80-C.
The minimum age at entry is 10 years while the maximum age of entry is 65 years. The plan also offers an extended life cover for 2 years after the completion of the policy term of 8 years.
NOTE: It is highly recommended if you can contact our agent directly on phone for more details about Wealth Plus or any other policy.
I have a wealth plus policy for 40000 of 3years premium..What is the present status. What is the surrender value of my policy now. please tell me the highest of this value.
How could one conclude that, how much pmrieum allocation charge should be paid. as u say it varies 5% 70%.I’m looking forward to takn an ULIP CAPITAL BUILDER by Max Newyork, they r asking for 30% Premium Allocation Charge. Also at last how to conclude that they r not cheating there commission from our Premium.
Sir,
I have a wealth plus policy for Rs.25000/- single premium.What is the status. What is the surrender value of my policy after 3 installments.
Sir,
I have a wealth plus policy for 40000 single premium. What is the higest NAV value for this policy. Now it is very low 9.70 some thing. please tell me the highest of this value.
Thanks.
A. krishnakumar.
lic’s welth plus is a nice policy
That’s cleaerd my thoughts. Thanks for contributing.
what is the highest nav of wealthplus
what is my policy value on today
This policy sucks. No one knows how to check NAV or how units are allocated? how much earned etc…
dear sir pleas tell me how do i know hiest nav where can i get
Hello Sir,
I am paying Rs. 40000/annum for wealth plus. How can I check the NAV and can u tell me what amount I will get after 8 years.
Hi,
I want to check NAV status every day , please if you can mail me the same.
sir
plz tell about wealth plus current rate.i have invested in it rs 40000 for 3 years
sir
plz tell about wealth plus current rate.i have interested in it rs 40000 for 3 years
sir,
I invest 2lack in welth plus policy now what is current ratepls telme, i can widra this policy befor 3 year.
Mahendra Kumar Meel
Jhunjhunu Raj
Hi – i have taken LIC wealth plus for
Rs. 100000 – single premium for 8 years
i want to know how much i will get on
maturity?
what is latest NAV & unit for Rs. 100000?
can u show me calculation or show
illustration for single premium for
rs. 100000
how will i get my monthly nav values in my wealthplus policy
How can I check the NAV of this scheme online.
Please provide the details ASAP
hello,
i have invested in lic’s wealth plus. Can i check my investment through the net and keep track of my investment? If yes, then please tell me how.
Thank you.
how will i get my monthly nav values in my wealthplus policy
how shall i get my monthly NAV in my welth plus policy?
I have taken the Wealth Plus plan of LIC, which I found very interesting. Also, a very good plan compared to most of the other insurance companies. I have taken the policy by investing 5,000 every month, i.e., 60,000 p.m., which I will be paying for the next 3 years. That is I will be investing Rs. 1,80,000 for 3 years. Please tell me what will be the returns on maturity and any hidden charges or any taxes at the time maturity.
Thanks.
Let me know the allocation rate and net investment,if i invest Rs.20000/-@3years in wealth plus.Whether my investment is fully secured if in future the RBI,SEBI passed different circular in respect of ULIP plan.
Regards.
i had invested 100000/.in wealth plus how much i should get after 8 years
I am interested in LIC Wealth Plus. Is it possible to take this policy now. Since last is date is 03/31/2010.
I have give a cheque of Five thousand to your Pune LIC wealth Plus agent( Makarang-********(hidden by ADMIN)) on 30 march-2010.
Till now i have not got the receipt of that cheque. The cheque was given on the name of LIC of INDIA.(Cheque No. ***(hidden by ADMIn) of ICICI Bank)
The agent mobile no is showing switch off.
Kindly provide the address of the office on urgent basis.
Hi Bharat,
In such case, you’ll have to directly contact LIC office and file a written complain. Also, get a statement copy or a letter from your bank which states that the Rs 5000 has been paid to LIC and letter should contains all the reference numbers.
In future, kindly get LIC policies from a trusted agent.
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Hello sir,
I would like to know that if i invest in wealth plus policy, with 40000 single premium.
Then, Please answer me the following questions.
1) What is the policy holder’s benefit after 7 years?.
2) How much my family get, if i accident death before 8years?
3) How long accident benefit is applicable? what my parents get?
4) After 3 years, if i want to take my money back, then how much i get back?
5) Normal insurance coverage up to 7 years is there or not?
Plz. send the details of the LIC WEALTH PLUS at my mail is
Reply to this comment
Hello sir,
I would like to know that if i invest in wealth plus policy, with 40000 single premium.
Then, Please answer me the following questions.
1) What is the policy holder’s benefit after 7 years?.
2) How much my family get, if i accident death before 8years?
3) How long accident benefit is applicable? what my parents get?
4) After 3 years, if i want to take my money back, then how much i get back?
5) Normal insurance coverage up to 7 years is there or not?
Plz. send the details of the LIC WEALTH PLUS at my mail is
Reply to this comment
will wealth plus policy will be extended or not ? when it is going to end ?
LIC is really doing a great job in Insurance sector in India. The most important aspect is that their return is free from Tax.
hello,
May i know what are the requirements to take this policy and if i want to invest RS.1,00,000/= at one time investment then do i need to give bank statement inorder to make the policy.
i want to know can NRI PERSON ALLOW TO INVEST IN WEALTH PLUS POLICY ?PLEASE LET ME KNOW
Plz. send the details of the LIC WELTHPLUS at my mail is
sir,
well i am development officer in bengaluru since 2003.I will will be officer in the mumbai, i will be more happy to see you chq as when wil i awaiting you reply.
rsnprasanna
The Plan started from 9th February, 2010 for a maximum period of three months.So ideally the last date for this plan should be 9th of May.Why is the last date shown as 31st of March. Can I take the wealth plus plan in the 1st week of May as I want tax benifit for the financial year 2010-2011?
Hello sir,
I would like to know that if i invest in wealth plus policy, with 40000 single premium.
Then, Please answer me the following questions.
1) What is the policy holder’s benefit after 7 years?.
2) How much my family get, if i accident death before 8years?
3) How long accident benefit is applicable? what my parents get?
4) After 3 years, if i want to take my money back, then how much i get back?
5) Normal insurance coverage up to 7 years is there or not?
Hello sir,
I would like to know that if i invest in wealth plus policy, with 40000 single premium.
Then, Please answer me the following questions.
1) What is the policy holder’s benefit after 7 years?.
2) How much my family get, if i accident death before 8years?
3) How long accident benefit is applicable? what my parents get?
4) After 3 years, if i want to take my money back, then how much i get back?
5) Normal insurance coverage up to 7 years is there or not?
Reply to this comment
Plz. send the details of the LIC WELTHPLUS at my mail is
Can we pay single premium altogather? If so, how much?
Pls, Provide Details.
Hello sir,
I would like to know that if i invest in wealth plus policy, with 40000 single premium.
Then, Please answer me the following questions.
1) What i get in my next 8 years?.
2) How much my parents get, if i accident death before 8years?
3) How long accident benefit is applicable? what my parents get?
4) After 3 years, if i want to take my money back, then how much i get back?
5) How these calculations will be done?
Thanks in advance
sanjeev
Hello sir,
I would like to know that if i invest in wealth plus policy, with 40000 single premium.
Then, Please answer me the following questions.
1) What is the policy holder’s benefit after 7 years?.
2) How much my family get, if i accident death before 8years?
3) How long accident benefit is applicable? what my parents get?
4) After 3 years, if i want to take my money back, then how much i get back?
5) Normal insurance coverage up to 7 years is there or not?
if i invest 50000 pa tell my fund value for starting. Please tell me the pro.to find my NAV at time 2 time.
Please send wealth plus(801)
if Invest Rs. 100000 in single payment appx double and invest Rs. 100000 in 3 yr appx in double of Rs. 300000 + insurance benefit
Hello,
How much will one get if we invest Rs.1,00,000 for 1 year( single payment) and 1,00,000 for 3 years?
I am a bit confused with both.
Thank You
Hello
i want to invest Rs. 20,000 per year for 3 years. what is the current NAV? if we assume that current NAV is going to be the highest one, what amount i will get after 3 years?? what charges are there??
hai. I would like to invest about Rs 40000/- for the benefit of my niece at a single payment and would not like to withdraw for at least 20 years. I am a novice in this matter. The agent I have contacted so far have not been able to give me a suitable solutions. please guide me at the earliest. it’s very urgent.
Wealth plus policy maturity will be only for 8 years and not for 20 years. If you pay 40000 single premium.you will get maturity after 8 years. after 8 yeras you will be get @ whichever is highest value of nav and at the time of low nav rates.and charges very low as compare to Pvt. insurance .
Hello sir,
I would like to know that if i invest in wealth plus policy, with 40000 single premium.
Then, Please answer me the following questions.
1) What i get in my next 8 years?.
2) How much my parents get, if i accident death before 8years?
3) How long accident benefit is applicable? what my parents get?
4) After 3 years, if i want to take my money back, then how much i get back?
5) How these calculations will be done?
Thanks in advance
regards,
Mallikarjun
hello sir,
how much i can invest in wealth plus policy (minimum), how much i get after maturity term of period, how many yer i have to invest(minimum)lock in period, after 3 yer how much i get how this calculations will be done
reply to this comment pl. ramesh
what is the last date of this plan? if i wanna pay it in a single premium what will be the amount?
last date of this plan is 31st of march.
Wealth Plus is Unitlink Plan
For Single Premium – Minimum – Rs. 40000
For 3 years premium paying
Term – Minimum – RS. 20000 per yr.
Iam 37yrs old willing to take Wealthplus policy for a tenure of 20yrs at annual prem of 30k for next 3 yrs…. can you pls tell me S.A, charges levied, maturity benefit etc.. to me please.
Wealth plus policy maturity will be only for 8 years and not for 20 years. If you pay 30000 per year then you have to pay only 3 years . After 8 years you will be get 6,80,000 and charges very low as compare to Pvt. insurance
Wealth Plus is Unitlink Plan
For Single Premium – Minimum – Rs. 40000
For 3 years premium paying
Term – Minimum – RS. 20000 per yr.
Maturity will be 8 years . after 8 yeras you will be get @ whichever is highest value of nav and at the time of low nav rates.
Hi,
Can you please substantiate your claim of 6.8L by paying 30k for 3 years…. I dont think by investing in more of debt funds for stable NAV, LIC companys can give such hi returns
Hello sir,
Hi,
I want to know that if i invest in wealth plus policy, with 20000 p.a. than how many years I have to pay? and what i get in my next 8 years.Please send me the calculatio earlier.
regards,
Surendra K. Mishra
If you Selec 20000 per year then you have to pay only 3 years . After 8 years you will get 4,40,000
Wealth Plus is Unitlink Plan
For Single Premium – Minimum – Rs. 40000
For 3 years premium paying
Term – Minimum – RS. 20000 per yr.
Maturity will be 8 years . after 8 yeras you will be get @ whichever is highest value of nav and at the time of low nav rates.
Hello sir,
i want to make this wealth plus policy, 20000 p.a.how many years i have to pay? what i get in my next 8 years.Please send me the calculatio earlier.
regards,
Sharmila.
If you select 20000 per year then you have to pay only 3 years After 8 years you will get4,40,000
Wealth Plus is Unitlink Plan
For Single Premium – Minimum – Rs. 40000
For 3 years premium paying
Term – Minimum – RS. 20000 per yr.
Maturity will be 8 years . after 8 years you will be get @ whichever is highest value of nav and at the time of low nav rates.
hello sir
i want to make this wealth plus policy, 20000 p.a. what i get in my next 8 years,
regards,
Manisha
Hi Manisha , If you pay 20000 per year fot 3 years Then 4,40.000
Wealth Plus is Unit link Plan
For Single Premium – Minimum – Rs. 40000
For 3 years premium paying
Term – Minimum – RS. 20000 per yr.
Maturity will be 8 years . after 8 years you will be get @ whichever is highest value of nav and at the time of low nav rates.
hello sir
i want to make this wealth plus policy, 50000 p.a. what i get in my next 8 years, and what is the other will be deducted in my savings. pls reply me earlier.
regards,
yash
Highest NAV will be payable . If You invested Rs. 50000 then after 8 years , assume at the end of years Nav rates @ 80/per unit. Then you will get Rs.3,60,000
Wealth Plus is Unit link Plan
For Single Premium – Minimum – Rs. 40000
For 3 years premium paying
Term – Minimum – RS. 20000 per yr.
Maturity will be 8 years . after 8 years you will be get @ whichever is highest value of nav and at the time of low nav rates.
Hello Sir,
Does Wealth plus maturity amount ater 7 years comes under 10 ( 10D) so I dont have to pay tax onmaturity amount?
pl send table 801
I wanted to know the moratality charges and insurance amount for the Wealth plus plan
Hi,
I would like to know, does LICs Wealth Plus provide me Tax benifit if I invest in this plan.
Regards,
Lokesh
hai
lokesh yes LIC’s wealth plus gives you tax benefit.
HOW MUCH TAX BENEFIT IS GIVEN FOR WEALTH PLUS POLICY ? UNDER WHICH SECTION ITS FALL ??
PLEASE SUGGEST HIGHEST RETURN POLICY AVAILABLE WITH DETAILS.
Hi – i have taken LIC wealth plus for
Rs. 50000 – half yearly premium for 8 years
i want to know how much i will get on
maturity?
what is latest NAV & unit for Rs. 100000?
can u show me calculation or show
illustration for single premium for
rs. 100000
IF I BUY “LIC WEALTH PLUS” ONLINE, WHAT EXTRA BENIFITS I WILL GET INCOMPARISION OF LIC AGENTS.
SECONDLY, MY PAPA (74 YRS AGED)CAN ALSO APPLY IN THIS POLICY ?
THIRDLY, IS THERE ANY TAX SAVING POLICY FOR MY PAPA (74 YRS AGED). IF YES, PLS. SEND ME THE DETAILS.
please send table 801
Dear Sir/ Madam,
Many time I saw every site and every agent talk about benefits but no body talk about charges. I had unit linked plan with HDFC Standard Life when they come to my office and explain me every thing about plan they also give information related to charges and after 2 months when I called them for fulfill the formalities they come with some illustration. I asked them what is this then told me that this is the illustration which you have signed so, please read it carefully and sign on it. I never saw this kind of thing with any LIC agent. I would like to request you please start this kind of process with LIC.
Thanks & Regards
Prasad Ashok Joshi
Sir,
I want to know what is the regular premium payment mode? Can I pay my Premium in cheque or cash mode as I pay my other LIC policy’s premium like Jeevan Surabhi or any endowment policy? I am interested in new launched ‘Wealth Plus’ scheme. Please reply.
Thanking you,
sir,
the regular premium mode is three years. you can pay by cash or cheque like you pay your other policies.. If need further clarifications
you can always contact me.