Market Plus 1
Summary:
Market Plus 1 (Table No 191) is a unit linked pension scheme (ULIP). Policy holder can choose the plan with or without risk cover. This investment plan is divided in four types of investment Funds namely Bond, Secured, Balanced and Growth Fund. Market Plus 1 is primarily a Pension policy and the plan has many attractive features and options that make it an ideal Retirement solution for your future.
Features:
1. Option to pay one time premium
2. Critical illness benefit minimum Rs 50,000 and the maximum Rs 10 lakh
3. Accident benefit from Rs 25,000 upto a maximum of Rs 50 lakh.
4. Switch from one type of fund to another upto four times a year.
5. Premium top up.
6. Policy can be taken with or without risk cover.
6. Net Asset Value (NAV) declared on a daily basis.
Fund Types:
1. Bond Fund
2. Secured Fund
3. Balanced Fund
4. Growth Fund
Benefits:
A)- On Vesting:
On vesting of the policy, the Fund Value will be utilized to provide a pension based on the then prevailing Annuity rates. An option to commute upto one third of the payable benefit in a lump sum is available.
B) On Death:
In event of the unfortunate death of the policy holder the Fund Value along with the Riders, if any, will be payable in a lump sum or as a pension.
Eligibility Conditions and Restrictions:
For Basic Plan without Life Cover (Investment plan)
a)Minimum Sum Assured : Nil
b)Maximum Sum Assured : Nil
c)Minimum Premium : Rs.5,000 p.a. for Regular premium, thereafter in multiples of Rs. 1,000
Rs. 1,000 p.m. for monthly (ECS), increasing thereafter in multiples of Rs. 250.
d)Maximum Premium : No Limit.
e)Minimum Entry Age : 18 years last birthday.
f)Maximum Entry Age : 74 years nearest birthday.
g)Minimum Deferment Team : 5 years.
h)Minimum Vesting Age : 40 years completed.
i)Maximum Vesting Age : 79 years completed.
Update for Minimum Premium without life cover for Market Plus 1 :
Regular premium (other than monthly (ECS) mode):
Rs. 5,000 p.a. for deferment term 20 years and above
Rs. 10,000 p.a. for deferment term 15 to 19 years
Rs. 15,000 p.a. for deferment term 10 to 14 years
Regular premium (for monthly (ECS) mode):
Rs. 1,000 p.m. for deferment term 15 years and above
Rs. 1,500 p.m. for deferment term 10 to 14 years
Single premium: Rs. 30,000 for deferment term 5 years and above
Annualized Premiums shall be payable in multiple of Rs. 1,000 for other than ECS monthly. For monthly (ECS), the premium shall in multiples of Rs. 250/-.
For Basic Plan with Life Cover (Investment cum Insurance Plan)
a)Minimum Sum Assured : 30,000/-
b)Maximum Sum Assured : Nil
c)Minimum Premium : Rs.5,000 p.a. for Regular premium, in multiples of Rs. 1,000
Or Rs. 25,000 for Single premium.
d) Maximum Premium : No Limit
e) Minimum Entry Age : 18 years last birthday.
f) Maximum Entry Age : 65 years nearest birthday.
g) Minimum Deferment Term : 5 years.
h) Minimum Vesting Age : 40 years completed.
i) Maximum Vesting Age : 75 years nearest birthday.
j) Maximum Life Cover Ceasing Age : 75 years nearest age.
For Accident Benefit:
a) Minimum Sum Assured : Rs. 25000
b) Maximum Sum Assured : An amount equal to the Sum Assured under the Basic Plan, subject to maximum of Rs. 50 lakhs overall limit considering the Accident Benefit Sums Assured in respect of all existing policies on the life of the Life Assured under individual and group schemes including the policies with Life Insurance Corporation of India and other insurance companies and the Accident Benefit Rider Sum Assured under new proposal into consideration.
The Sum Assured is in multiples of Rs. 5,000.
c) Minimum/Maximum Premium : No separate limit
d) Minimum Entry Age : 18 years completed.
e) Maximum Entry Age : 65 years nearest birthday.
f) Minimum Policy Term : 5 years.
g) Maximum Accident cover Ceasing Age : 70 years nearest birthday.
For Critical Illness Rider Benefit:
a) Minimum Sum Assured : Rs. 50000
b) Maximum Sum Assured : An amount equal to the sum assured under Basic Plan subject to the maximum of Rs.10 lakh overall limit taking all critical illness riders under all existing policies of the life assured and the critical illness rider option under the new proposal into consideration. The Sum Assured is available in multiples of Rs. 10,000.
c) Minimum/Maximum Premium : No separate limit
d) Minimum Entry Age : 18 years completed.
e) Maximum Entry Age : 50 years nearest birthday.
f) Policy Term : 10 to 35 years.
g) Maximum Critical Illness Ceasing Age : 60 years nearest birthday.
Modes of Premium Payment :
One time Premium, monthly(ECS), quarterly, half-yearly and yearly modes are available.
The minimum yearly Premium will be Rs. 5,000 increasing thereafter in multiples of Rs. 1,000. There will be no mode specific charges/ rebates.
Single premium can be paid subject to a minimum of Rs. 10,000 if not opted for life cover and Rs. 25,000 if opted for life cover and thereafter in multiples of Rs. 1,000.
Single premium: Rs. 30,000 for deferment term 5 years and above
Top-Up (Additional Premium)
The policy holder can pay additional premium in multiples of Rs.1,000/- without any limit at anytime during the term of the policy.
Revival:
An attractive feature of the plan is that provided the premiums have been paid for a minimum period of three years, all the riders under the policy will continue for a period of two years from the due date of first unpaid premium by deduction of relevant charges from the policy fund. This period of two years is called the “Revival Period”. Further, if premiums have been paid for a minimum period of three years, revival can be effected merely by paying the arrears of premium, within the Revival Period.
Change in Fund Type:
The plan also allows a policy holder to switch from one type of fund to another upto four times a year, free of charge.
How to Apply for Market Plus 1 policy?
Contact your nearest Life Insurance Of India (LIC) Branch/ LIC Agent. Or
Fill the Application form to apply online.
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263 Comments
Dear Sir,
I have invested on market plus policy for Rs.20000/- and Rs.70000 on profit plus. I want to know about the maturity amount. kindly send the website address.
Thanking you
sp pathima mary
i have invested in lic’s market plus in growth fund. I will be grateful if you provide the current market rates of these funds on my e-mail address.
I want to know how much should I invest to get a pension of 15000/- per month after 5-6 yrs
sir as i have invest 10000 per year in market plus.but i dont know the rate.as i has request to give me the website id r else tell me the rate .and one more thing sir and how many years shall i keep for good returns.
i invested rs 25000.00 in market plus policy on date 15.06.09 what is current value of my fund ? pl let me know on my mail.
Sir, I had invested Rs.30000/ in market plus in June 2008. Now what is the current value of my fund? kindly inform me on my e-mail
Sir,
I had invested Rs.30000/ in market plus ONE TIME INVESTMENT in June 2008. Now what is the current value of my fund? kindly inform me on my e-mail
Tabrej Reply:
October 8th, 2009 at 9:08 am
The Current NAV of Market Plus is as follows:
BOND FUND: Rs.13.7666
SECURED FUND: Rs.12.2311
BALANCED FUND: Rs.12.2014
GROWTH FUND: Rs.10.9811
Sir,
I had invested Rs.25000/ vide policy no-2098923 in market plus ONE TIME INVESTMENT in Jan 2007. Now what is the current value of my fund? kindly inform me on my e-mail
my mother has taken lic market plus under table 191 and paid 35000/= as single premium. policy no.353820856. Now it is not understood whether in this life cover/accident benafit is include or not, because in application form there was no such option given.
Dear Sir,
Please details, market plus-1, table -191, commission charges & other charges of Rs. 10000/- not known.
thanking you,
tarun kr. majumdar
We are investing thro ECS every month in market plus 1 growth fund.We have no way of knowing at what value the amount is converted in to unit(price) and nav at that date Pl arrange to send a sort of statement every month
.thank you
for my previous comments LIC has sent the list of NAV.
But for specific details for no of units allotted for every ECS debit it has advised me to contact the agents.
Agents are only agents . My contract is with only the LIC If I ask them they are bound to give me the status. I can’t be chasing the Agent for ever…..
i have the policy of lic market plus – 1 . my policy no is 547075319 dtd 22/4/09 of rs 50000 in growth fund . i wanted to know the fund value.—- randhir
my other policy no is 547075318 dtd 22/04/09 0f rs 50000 in growth fund . i wanted to know my fund value
sir.
I have invested Rs. 250000.00 in market plus on 20 Dec. 2009. I want to know value of these amount
thank you
Hi,
I have invested in LIC Market Plus 1 via quarterly premium. I want to know the number of units alloted to me. I can see the num units allocated against the frist premium, but can’t see any further unit info. Please help for this matter.
regards
Priyanka
Sir,
I had invested Rs.40000/ in market plus ONE TIME INVESTMENT in August 2008. Now what is the current value of my fund? kindly inform me on my e-mail
hi,i want to know that assured bonus.i have 1 assured bonus in market plus 1.
Sir, my policy no 718768457 (market plus) pl check my registration and reply me
thanks
I HAVE INVESTED RS. 40000/ IN MARKET PLUS, PLAN 191, GROWTH FUND, ONE TIME INVESTMENT.MY QUESTION IS WHAT IS THE CURRENT VALUE OF MY INVESTMENT AND WHEN I CAN SELL MY UNIT.
i have one market plus policy RS 10000 single premium i want to invest RS 30000 every year through topup for next 20 year in this type i will invest RS 610000 in next 20 year of my policy my question is what is my maturity amount after 20 year please send mail
Sir, I had invested Rs.30000/ in market plus in June 2008. Now what is the current value of my fund? kindly inform me on my e-mail
Please let me know the NAV value of Market Plus 1. I had invested Rs.80,000/- last year in Market Plus 1. What is the current status of my investment
Hi there, I am hodling an Australian passport and OCI (overseas citizen of India) card. I would like to know whether I am eligible to invest in Market Plus 1 investment scheme or not? I would also like to know whether the maturity amount will be taxable or tax free based on my corrent residential status?
I want to monitor my lic investmants thru’ internet. How it is to be done? This will help me to know my latest fund value.
I have taken markeplus policy of 100000.In 2008 in growth.Now let me know the present rate of the same.
I want to know how much the maturity period for your market plus policy is? i.e investment up to what period ? when I get it back & at what rate? Besides are there any benifit after the policy is mature
KINDLY REPLY AS SOON AS POSSIBLE ON MY E MAIL AS I WANT TO TAKE IT.
Tabrej Reply:
December 23rd, 2009 at 5:22 am
Market Plus 1 is a ULIP plan so you will receive the maturity amount depending on current NAV on Maturity date. You can withdraw the policy after 3 years but min.5 years investment is recommended.
what are the facility of investing in the “market plus one table no 191″. And please tell what are the criteria of this product?
Regards
Santanu Saha
I have invested Rs. 1,50,000/- on 08.08.2009 in market plus 1 shceme. please tell me what is the current status of my policy.
I WANT CURRENT PROFIT PLUS NAV I HAVE INVESTED RS. 20000/- PER YEAR FROM JANUARY 2008
What are the allocation charges in Market Plus1 for Yearly Premium”Without Risk Cover” Plan? If those are 16.5% for 1st year, how does it get justified against tax saving mutual funds, where no load exists?
sir,
i invested in market plus as yearly basis and joint in this from 2007 an amount of yearly 100,000. now it is 300,000. what is the status of this investment and what i want to do further shall i want to continue the deposit and when shall i can take the money back.
sivadasan
Sir, I have Invested RS, 30000/ in market plus -1 in the year 2007 So I would like to know the current NAV price because I have to withdraw my policy after three year locking period.
Dear sir
I AM AN NRI , I HEARD ABOUT ONE OF UR POLICY THAT IF I INVEST ONE TIME RS. 6.5 LAKHS THEN I SHALL GET AFTER 15 YRS A SUM AMOUNT EQUAL TO RS 1 CARORE , KINDLY ELABORATE ON THIS ISSUE AND LET ME KNOW ABOUT THIS. AS I HAVE SEEN A PAMPHLET ALSO REGARDING THIS . I M SERIOUSLY INTERESTED IN THIS. PLS REPLY AT THE EARLIEST.
THANKS AND BEST REGARDS
ASHIQUE
Tabrej Reply:
January 2nd, 2010 at 3:40 pm
Which plan are you referring to? ULIP plan or any other plan.
sir.
I have invested Rs. 30000.00 in market plusI(Plan No. 191) on 24 Dec. 2009. I want to know value of these amount
thank you
i am planning to go for LIC MARKET PLUS. I AM PLANNING TO INVEST 25000 ONLY ONCE. I WOULD LIKE TO KNOW WHAT WILL BE THE AMOUNT MATURITY AFTER 3 YEARS.
CURRENT NAV IS 13.76
Tabrej Reply:
January 8th, 2010 at 3:49 pm
Thank you for helping Dilip. Please join the forum http://forums.mylicindia.com/
i m refering to ur market plus 1 plan . kindly let me know urgently
thanks
Dear Sir,
I want pension Min 10000/ afetr 10 years please give me the any one good plan cheap & best.
How I can find out online the market plus (growth plan) current rate ?
I have market plus-I bought in october 2008. Pl. let me know the current value.
I want invest Rs.3 lacs partially long term and partially short term basis. Kindly advice mutual funds with good return with and without tax gain benefits.
any wants to make a insurance investment in life insurance of india plz mail me [post your Email in forum http://forums.mylicindia.com/ ] at delhi ncr
Sir,
I was issued a policy under LIC Market Plus-I Growth Fund on 10/11/2009 under policy no. 332868617 for Rs. 50,000.00. Please tell me how many units have been allotted to me under this policy and the facility available to keep track of NAV on daily basis.
With regards,
R. Raveendran
I have invested in lic’s market plus-1 on 08-01-2010 for 10 years sir, please say the number of units alloted to me.
plan-191
sir i want to know, how many units had been allocated for the policy no:766301063
name: V.RAVINDRAN
DATE: 8/1/2010
SCHEME: MARKET PLUS1(GROWTH FUND)
reply fast
sir,
i have lic policy table no.181 having No.152044883 for rupees Rs 30,000/- .w.e.f 28/12/2006and lic policy table No180 having No. 152046597 w.e.f.22/03/2007 both are registered at shimla at that time of posting. plese tell me how i can know the status of my policy? whether i can draw after completing three years of locking period any where in the country?
sir,
I have LIC Policy No.152040750. Rupees Rs 13744/- per year ,sum assured 2,00,000.00. I have deposit my four premium till now what the present status of my policy & till now I hav’t received my policy bond .Tell me what should i do to get my policy bond .? what are the benifits to continuous this policy?
sir.
I have invested Rs. 15000 continuesly thre year in money plusI from 2006 to 2009 . I want to know value of these amount
thank you
Out of the following Fund Types, can I have the detailed features of Secured Fund viz, whether the return is an ‘assured return’ after minimum locking period of 3-5 years or this also depends on the investment in the market by LIC.
1. Bond Fund
2. Secured Fund
3. Balanced Fund
4. Growth Fund
Will be grateful if comprehensive details of the scheme could be made available as some agents are suggesting that this scheme can generate a interest of 9% per annum as assured return.
Thanks!
pk sud
MY NAME IS SHOBHIT GOYAL I HAVE INVESTED IN MARKET PLUS POLICY NO IS 254666542. AND I HAVE ALREADY PAID RS. 1000/- IN MARCH 2007, AGAIN 10000/- IN MARCH 2008 & 10000/- IN MARCH 2009.
NOW I WANT TO SURRENDER MY POLICY AFTER MARCH 2010 PLEASE TELL ME MY FUND VALUE NOE IN RUPEES.
THANKS
How can I know about my lic’s Market Plus policy Status. I have been told earlier to invest three premium installments but now I have been asked for fourth payment also.What is the reason and what will happen if I don’t pay fourth payment. Kindly reply me.
thanx
I am completing 58 years on 9th Feb 2010. Can you advise suitable policy annual premium upto Rs 25000.00 for insurance coverage and tax benefit under 80c
i have invested rs.20,000/- on lics market plus pension plan what should i do after three years . i also wanted to know abt the present nav growth. what amount will i get after three years .
Tabrej Reply:
January 29th, 2010 at 4:34 pm
You can withdraw your money after 3 years but its recommended to keep invested for 10 years atleast. Maturity will depend on NAV on that date.
If i have paid the premium for three years then can i leave and declared premium holiday then can i surrender after ten years will i get a good growth. please reply.
thanking you.
Sir,
I have invested in
Market plus – Rs 93000.00
Future Plus – Rs 40000.00
Pl. let me know the current amount as of today.
Regards
HI
I have invested in Market Plus and want to know if my premium due date is in Feb and if market is down prior to Feb can i pay the premium for that one year in advance or i have to wait till Feb ?
Thanks
Karun
sir,
Can I withdraw the sum invested in market plus 1 before its maturity ? if yes, any lose in it ?
Sir, i invested in 2 policies of 5000 per year market Plus I plan in march 2007. 25000 one time investment in market plus II on june 2007. 10000 per year in profit plus in december 2007. Can u pls mail me details of my funds now. All investment were in growth fund
Sir, i invested in 2 policies of 5000 per year market Plus I plan in march 2007. 25000 one time investment in market plus II on june 2007. 10000 per year in profit plus in december 2007. Can u pls mail me details of my funds now. All investment were in growth fund. Pls send details to my email id
i have done market plus amount of invest is 25000 in one time .i need to know what will b the mature amount approximately after 20 yrs .Would it b sufficient for checking the market inflation at that time.
Where can I read your tables 801 and others
Tabrej Reply:
February 9th, 2010 at 4:50 pm
You can read LIC Wealth plus here: http://www.mylicindia.com/lic-wealth-plus/
For single premium , with no life cover , for monthly prension , for me aged 62 ( retired ) which is the best ?
I want 80 C deduction .
Growth fund is OK with me .
I am looking for max returns , based on the market
With 80 C , which is the best Equity fund LIC offers on a SINGLE PREMIUM basis , to get monthly pension
I have paid first annual premium of Rs.50,000 towards the market plus I (growth). Kindly inform me how to get the latest NAV and the no. of units allotted to me every year.
Tabrej Reply:
February 11th, 2010 at 3:53 pm
You should have received a mail from LIC for your allocated unit details.
i want that i can get good return after age of 50 i want to know about the pension plan of lic best suited for me and best insurance policy ………… pleae guide us my age is 36 and my husband age is 38 he is an avp in a multinational company …. we had 10 laks to invest …………so that after 50 we get 1.50 lakhss pension and good insurance about 50 lakhs coverage…..pleae gide u mr tebrej in detail
I had invested an amount of Rs. 45,000/- in MARKET PLUS on 22/11/2007.
Could you please let me know the current NAV of the above
investment. You may also let me know the total amount lying in the above account as on date per return mail to my mail I.D.
haridas1001@yahoo.co.in
I had also invested another amount of Rs. 20,000/- to FUTRURE
PLUS scheme on 12/09/2005. Could you kindly let me know the current NAV of the above investment. You may also let me know the total amount lying in the above accountas on date per return mail to my above mail I.D.
AWAITING FOR YOUR REPLY PER RETURN MAIL
THANKS & REGARDS
Sincerely yours,
Haridas Nair.
Tabrej Reply:
February 16th, 2010 at 3:43 pm
Current NAV for Market Plus is Rs. 12.67
Future Plus NAV: Rs. 21.25
Dear sir/medem
I invested 10000/- per year from mar07 to mar09 in market plus scheme. When I purchased the scheme my agent told me that minimum 3 years you have to invest. I have no other knowledge of this policy. So I want to know that is it ok, can I get all maturity benifit or not? & if in future I want to invest in same scheme then can I invest? after dropping 1 or 2 years . pls provide me proper details.
thanking yor
Tabrej Reply:
February 17th, 2010 at 3:40 pm
You are right. You can pay premium for 3 years and then you can stop. If you want you can top up the premium with additional premium.
Also, instead of topping of why don’t you go for better plan http://www.mylicindia.com/lic-wealth-plus/
If an NRI who is posted in Geneva. going to retire in 2 years and shall come back to India then. He has not yet taken citizenship over there.Can He purchase this ULIP plan without risk cover for 10 years. Is it open for NRIs. Is it necessary for him to come to India for purchasing this plan or it can be purchased even when he keeps on working in Geneva ( i mean by sending only documents). Presently he holds Passport, Pan card, etc…… He gets salary from UNO office and pays all taxes there.
Tabrej Reply:
February 18th, 2010 at 5:12 pm
Yes, NRIs can also buy ULIP or any life insurance plan from LIC.
You can buy it while you visit to India or you can buy it through mail order business.
Dear sir,
thanks for better advice. As in new plan their is investment of Rs. 20000/-pa. My capacity is upto Rs.10000/- so this is not possible for me to do. In other way I can’t understnad the “top up” concept of my policy. Will you pls. provide me in brife details of my policy? Is it not advisable to continue my fund in this policy?
thanking you,
aarti
Tabrej Reply:
February 19th, 2010 at 4:09 pm
Top Up means you can pay extra premium anytime. If you have surplus money instead of depositing in bank account, you can top up your ULIP policy.
Its good to continue your policy.
Hope its clear.
I have paid of Rs.50,000 towards the market plus,, Kindly inform me how to get the latest value amount. policy number.718744928
my age is 38 yrs. i want to invest one time Rs100000 for lic market plus pension plan.
How much approx. per month pension i will get after 60 yrs.
thankyou
Sir i invested 15000 in market plus on 31.12.2009. How many unit alloted to me
My father invest in Market Plus, Pls give me status of my policy.
Policy no:- 903037887
Sir,
I had invested Rs.38000/ in market plus ONE TIME INVESTMENT in july 2006 . Now what is the current value of my fund? Would also like to know what is the Unit allotted to me? kindly inform me on my e-mail.
Thank you,
IRSHAD AHMED KHAN
I have just received LIC Market plus-1 policy Policy no823823724 DT 30-12-09. The plan &term is 171 15 15 30-12 2024. Growth. The due date of premium is 30th Yly 30-12-2023 PL let me know 1 What will be my premium amount and how many instalments i will be required to pay 2 what other benifits like insurence cover , critical medical benifits any other included in the policy 3What happens if further instalments,if any are not paid 4 If the policy is for further instalments, can it be switched over to one time instalment of the amount alread paid. awaiting for your reply on my e-mail address
i have invested of Rs. 100000 in Market Plus – 1 on 18.01.10. my question is how much return can i get after 10 years. and also, have i done good investing in it?
Thanks sir
Surajit Dasgupta
I HAVE INVESTED RS.10,000 ON 27/10/2006 IN MARKET PLUS GROWTH FUND TABLE 181 MY POLICY NO. 285102935 . WHAT IS ITS SURRENDER VALUE AT THIS TIME ?
I have invested Rs.20000- in Market Plus (Plan 181) on 23-07-2007.
I wish to know its NAV as on date. Please send the reply to my mail box.
Thanks ,
-Yogesh Nagar.
Please let me know – what is the net asset value of Market Plus(plan181) as on date.
I invested Rs.20000- on 23-07-2007. Also pl advise can I renew the Plan by depositing 20000-, annually for the year2008 & 2009, which I could not do earlier due to some problem.
My Policy No. is: 954975701 and commencement date is :23-07-2007.
Please send the reply to my Mail Box.
-Yogesh Nagar
Dated 27th Feb., 2010, at 1:31pm
Please intimate present value of my & my families policies mentioned below :-
1. Amar V Jagadale – Money Plus – 955347295 Dt – 26/3/07
2. Vanita V Jagadale – -do- -955347296 Dt – 26/3/07
1. Vanita V Jagadale- Market Plus-954990509 Dt – 25/7/08
2. Shilpa V Jagadale –do- – 954990510 Dt – 25/7/08
3. Paramveer V Jagadale-do- -954990512 Dt – 25/7/08
4. Vilas A Jagadale -do- -954990787 Dt – 31/7/08
1. Amar V Jagadale – Profit Plus – 954990513 Dt – 25/7/08
I have paid of Rs.50,000 towards the market plus,Plan 191, Kindly inform me how to get the latest value amount.(policy number.718744928) please reply, are post me.
My adress No.13 Sampangi Nagar Main
Road, Thiruninravur-602024
Mobil No. 9710052064.
I have invested Rs.100000- in Market Plus-1 on 18-01-2010.
I wish to know its NAV as on date. Please send the reply to my mail box.
Thanks ,
i have paid a premium of Rs 23000 for market plus-1(Bond) on 13/4/2009. SIr i do not know how many units have been allocated to me. I have not received any letter from LIC regarding the number of units allocated. Kindly let me know what to do next??
dear sir,
pls give the information of ALLOCATION CHARGES IN MARKET PLUS OR MONEY PLUS.
THANKING U
NAQUEEB ALAM
MOB 9891737042
Policy No 186155423 dt 24 3 2009 for Rs25000 Please let me know the unit allotted and present value
pl send me nvp of policy i invest 20,000rs in 2006 plz give me policy details
I have invested Rs. 1,00,000 in market plus single premium w/o risk cover on 6 th of march 2010. Is this policy comes under 80 c ?
Is the total amount is exempted for income tax ?
My lic’s market plus policy no. is 103472081 and i want to know current status. I mean how much points i had now on this policy and even howmuch value i had now.
I have taken Money Plus Plicy for Rs.10000 per annum for 5 years. Can I able to convert this to Market Plus Policy
Sir,
I have invested in Market Plus – I Table No.191. My Age is 50 and my agent told that I have to pay a premium of Rs.15000/- p.a. He told the Policy term will be 10 years. But when I receive the Policy it is stated that the term is 20 years. I want to know whether I have to pay the premium of Rs.15000/- for 20 years. He told after ten years the fund will be transferred to Jeevan Akshay. Whether it is true. Paying premium for 20 years will be not possible as my age will be 70 at that time. So pl. clarify whether I will get the pension amount after 10 years as it transferred to Jeevan Akshay or I can get it only after 20 years. Whether I can withdraw the amount after certain period say 3-5 years. What amount I will get. Whether amount paid by me will be repaid to me.
with regards
M. Muthurajasekar
What is the NAV rate of Growth Fund of Market Plus – 1 on taday’s date? Please inform me in my mail box.
Thanks you sir.
Sir, I have invested Rs. 100000 in Growth Fund of Market Plus – 1.
Is it right decition by me? or it should invest other fund.
Thank you sir.
Tabrej Reply:
March 16th, 2010 at 12:11 pm
Market Plus 1 is a good ULIP plan but Wealth Plus is better that gives you guaranteed Maximum NAV for 7 years.
i want to know the nav of marketplus-1 and the number of units purchasedon my policy no.675712538 i purchased last year for rs.25000 on20-05-2009
I have invested in Market Plus – I Table No.191. My Age is 50 and my agent told that I have to pay a premium of Rs.15000/- p.a. He told the Policy term will be 10 years. But when I receive the Policy it is stated that the term is 20 years. I want to know whether I have to pay the premium of Rs.15000/- for 20 years. He told after ten years the fund will be transferred to Jeevan Akshay. Whether it is true. Paying premium for 20 years will be not possible as my age will be 70 at that time. So pl. clarify whether I will get the pension amount after 10 years as it transferred to Jeevan Akshay or I can get it only after 20 years. Whether I can withdraw the amount after certain period say 3-5 years. What amount I will get. Whether amount paid by me will be repaid to me.
Yours,
m.muthurajasekar.
Tabrej Reply:
March 16th, 2010 at 11:52 am
I guess you agent have given you a combination of two plans. You can pay premium till 3 years for Market Plus 1 and then, if you want you can withdraw your money. I am not sure about other part. Please contact your LIC Agent for clarification.
Dear Sir/madame
LIC market plus Policy No. 984661914 in the name of Dp Singh LIC Marrket Plus Policy No 984661915 in the name of my wife Manju Singh.
I want ot have the Surrender value Quotation of the above policies for visa purpose ( Son’s Education loan )
Please Help and advise
I have paid of Rs.50,000 towards the market plus,, Kindly inform me latest value amount. policy number.718744928
I have paid of Rs.50,000 towards the market plus,, Kindly inform me how to get the latest value amount. policy number.718744928 Plan 191.
my address,
k.rangarajan
no.13 Sampangi nagar main road,
Thiruninravur 602024
Cell no 9710052064
9841482500
Hello sir,
I want to know current NAV of market plus plan. My policy has matured so I should withdraw money or held sometime for growth.
Waht is the NAV of Growth Fund of Market Plus -1 on taday?
Please inform me in my E-Mail.
Thanks
Dear Sir,
I am holding LIC Policy no 957936108 DOC 17.12.2009, I had not yet recieved the Unit Alloted to me till date .
Kindly look into this matter
Regards
Abhishek Upreti
7 MURLINAGAR (Inside 1st gate),
Lucknow
9325525521
996032077
Dear Sir,
I want to take a LIC policy of my mother could you please guide me
I can afford a premium of Rs. 40,000/- annualy the new policy.
My mother already have 2 Policies of Jeevan Anand of Rs. 1 Lac each.
Her age is 55 Years
She gets a family pension from the govt. of Rs. 15,000/- per month.
so could you please guide me for which plan I can get max. return / max. Insurance.
Please reply on my email address.
Thanking you
Nitin Joshi
Tabrej Reply:
March 29th, 2010 at 2:55 pm
At this age, you will have less option. the best I can suggest you is Jeevan Saral or go for ULIP Plans
I AM A MARKET PLUS-1 POLICY HOLDER NO :783622499 KINDLY INFORM ME THE SURRENDER VALUE OF MY POLICY THROUGH E-MAIL,I WISH TO SURRENDER THE POLICY ON 30-5-2010.
I invest Rs-50000 in market plus plan for 5 years in one time payment mode and after 3 months i got welcome kit in which mention 15 years i did’t understood anything
I invest this amount for my daughter’s marrige and after 5 years i need money for daughter’s marrige now what i do please give me right solution and mail on my mail box
Ram nivas
policy no-525374518
Thankyou
I purchased a Market Plus-1 0n 31-12-2008, paying a premium of Rs. 20000/- and paid two more premiums. How can i know the value of my investment.
my policy no.765433322/ market plus 181 date13/02/2008 growth fund today nav rate
Dear Sir,
Please give me following details as early as possible.
NAV as on Purchase Date 18-02-2007 of Market Plus Policy.
Regards,
Vijay Khutwad
I have paid of Rs.50,000 towards the market plus,, Kindly inform me how to get the latest value amount. policy number.718744928 Plan 191.
my address,
k.rangarajan
no.13 Sampangi nagar main road,
Thiruninravur 602024
Cell no 9710052064
2)9841482500
I AM NOW 30 YEARS OLD. I WANT TO KNOW THE PENTION PLAN WHICH IS SUITABLE FOR ME. I WANT 35000 PER MONTH AT THE AGE 55 . HOW MUCH AMT SHOULD INVEST ME. AND WHICH IS THE SUITABLE PENTION PLAN FOR ME PLEASE SEND ME DETAILS IN MY MAIL BOX.
Tabrej Reply:
April 20th, 2010 at 12:43 pm
Go for Jeevan Suraksha-1 plan. How much Pension you would need at the age of 55?
respected sir
i have invested 5000rs per year ,last 3 year, please give me the maturity amount in my given e mail address ,
Regards
vinayak
i have invested Rs. 20000 in market plus lic what is maturity amt i get after 3yrs or 5yrs?
i invested rs 30000.00 (10+10+10) 3 years from 2007-09 in market plus policy on date 15.06.09 what is current value of my fund ? pl let me know on my mail.
I AM NOW 32 YEARS OLD. I WANT TO KNOW THE PENTION PLAN WHICH IS SUITABLE FOR ME. I WANT 30000 PER MONTH AT THE AGE 55 . HOW MUCH AMT SHOULD INVEST ME. AND WHICH IS THE SUITABLE PENTION PLAN FOR ME PLEASE SEND ME DETAILS IN MY MAIL BOX.
Tabrej Reply:
April 24th, 2010 at 1:14 pm
Are you looking to invest in ULIP or Traditional Pension plan?
I HAD INVEST 15000RS.IN MARKET PLUS POLICY NO.923977923, PLEASE GIVE ME ACTUAL REFUND TILLDATE.
I have invested Rs 25000/- in LIC market plus 1 growth fund. Please let me know my current NAV.
-Regards
Dear Sir,
I had invested rs 1,00,000 in Market Plus as two 50,000 polices. How can i know the current value ? Since i don’t know much more about NAV and other terms. pls let me know the how the amount growth is in detail. Commenced from 29/01/08. Is there any way to get regular updates ? Thanks in Advance
Sir please ,
My police name LIC PROFIT PLUS PLAN 191 SIR Plese my police letest nav
I have invested Rs 25000/- in LIC market plus 1 growth fund. on 21/12/2009 Please let me know my current NAV.
My Market Plus 1 policy number 776986235
Term 10 years,
How many units I got & what is the current value ?
lic’s market plus
lic’s top hundered fund growth
lic’s mf infrastructure fund
lic’s profit plus
values of this products
Can u pls guide regarding this Market Plus, that whether it’s a Unit Link PLan or not??
Also pls can you inform me, if I invest Rs.12000/- for 15yrs, what will be the net amount which I would get after 15yrs?? And what would be the amount if I opt for the Pension Plan?? PLs guide me regarding the same. If you have any other informations regarding this policy, then can you pls share them with me..
Tabrej Reply:
May 18th, 2010 at 8:51 pm
Market Plus 1 is a ULIP Plan.
If you don;t want market risk then go for Jeevan Saral.
I have invested Rs 20000/- in LIC market plus policy No.882652932 dt.22/8/2006 and Rs.10000/- in future plus policy No.882650871 dt’28/06/2006 growth fund. Please let me know my current NAV.
-Regards
Sir,
I would like to know the details of my investments as follows:
a) Future plus
Name. P.V.Paul — 775570054
Cisy Paul — 775571010
b) Market plus
Name. Cisy Paul — 776224262
Cisy Paul — 776224264
Please send the details to my Email given above.
Thanks,
P.V.Paul.
sir/ mem,
i am srinivasa rao, i am the policy holder of marker plus in the year
of 2006. the polacy no. is 694348914. pls send present status of the
market plus polacy. if day to day alerts in the mobile, please send
me the status of the my polacy every day. my mobile no. 09491759994
(A.P., india)
I have Market plus table No 181 for one time investment of Rs 40000 on 11/12/2006, what is the value at present. kindly suggest for withdraw r continue……… if any mobile alerts, pleage inform by mobile. my mobile no. 9491759994
what is the nav of lic market plus1 now table no.191 growth paid last year only
sir i had invested 40.000 in marketplus onetime investment in 6/10/09/p no 784936834 now what isthe current value of my fund kindly inform me on my e-mail
sir/ mem,
i srinivasa rao, i read your reply… but i want the status of my market plus 181 polacy every day on the mobile. like howmany units at present? and what is the value of the unit? it is possible please activate that. my mobile no. already with you. again said my polacy no.694348914 ( table no. 181) on 11.12.2006.
Tabrej Reply:
May 27th, 2010 at 12:39 am
Call on 1251 to check the status. If you are subscribed to our newsletter, we will keep you posted.
dear,
i had taken a market plus-1 table 191 single premium plan,
and time to time i want to know the surrender value of my
policy so plz sujjest me web addres on which i can know the
surrender value.
and also suggest me a plan for single primium upto
25000/= inr.for a time period of 10 years.
thanx
regards
sami
sir/ madam,
i am Saroj Kumar Mitra, i am the policy holder of marker plus in the year
of 2007(14.02.20070. the policy no. is 425692863. Please send present status of the
market plus policy.
(W.B., india)
Dear Sir/Madam,
I want to get a pension plan policy, Can u suggest me for getting some idea and benefits at the same time.
Bijay
Cochin
9746475112
Tabrej Reply:
June 1st, 2010 at 10:56 pm
Here is the pension plans : http://www.mylicindia.com/pension-plans/
shubhangi jaikumar walde
sir/ madam,
i am shubhangi jaikumar walde, i am the policy holder of marker plus in the year
of 2007(31.03.2008.
market plus policy.
(new delhi
my policy number 578886476 dt 29.08.2008, of Rs.70000/= on market plus 1 (191). Let me know the value of this ammount
policy no 578886476 29.08.2008 Market plus 1 9191). let me know the status
dear sir/madam
i have invested 60000 in profit plus policy ofter policy matured how much i get plese in form to my email i.d
Sir,
i have deposited 50,000 in market plus and i want to know the current market rate of my money. my policy no. is 378621314 i will be thankful to you. kindly rply soon.
i wish to know nav of bima plus & market plus 1(table no. 191) on my purchase date 31/7/2004 ; 7/10/2009 respectively
sir
i am an new agent.i donot have correct knowledge to sale the market plus product. pls advice me
Sir,
I had taken a market plus-1 table 191 single premium plan on 11/08/2009. It is mentioned in the policy certificate that the due date of payment of last premium is 11/07/2025. But actually I want to invest the money to the above plan for 3 years only. Now only I noticed the due date. Can I change Last premium date to 11/07/2012? If yes what is the procedure for that? If no how can i retrive the invested money with minimum loss?
Good day dear.
i invested 50000 in ulip 181 in feb 2008.
can you tell me how much is the expected return after three years.and what is your advise should i keep for along run or not.
i have been purchased wealth plus-181 plan.my premium amount rs.25000/- per annum & i will deposited three years. how mouch
i can getting,can you tell me ?
sir,
please arrange & send the us the details future, benefit for Table no. 191 (MArket plus- 1)
please tell me that market plus 1 ( without risk cover) is eligible for income tax please reply urgently
regards
I have invested 50,000 Rs.in 31 Dec.2009.
so tell me how many Rs.at Date 21 June 2010.
I had invested Rs. 200K in 2007, vide LIC Profit plus policy # 625567511. Can you please guide me what is current NAV
Thanks
dear sir/madam
i want a policy from lic company,and i want to invest 50,000/ per year for 5 year.for five year my amount will be 2,50,000/ lac.
i have accidental policy,i have death benefit,the amount which i will invest(2,50,000/) i want heier amount,the amount which i will pay after 10 years it should be more then 5 time,so plz give me detail of lic policy.
Dear sir,
My Daughter is 2 years 6 months and I would like to invest 30000 in the market plus I (191) policy will you please tell me what benefits she will get and also the maturity value after 20 years.
Anup
Kurseong
Dear Tebrej,
I am working abroad and want to invest Rs 1Lac for atleast 5 years. Please tell me which is the best plan, I can pay 1 Lac at a time. What will be the amount I will be getting after 5 yrs? Is the benefit given by LIC the interest or simply the business benefit?
Because Islam never allows us to take or use interest?
Please do reply my questions on my email,I will pray for you.
Khalid
IN MARKET PLUS PENSION SCHEME IS THERE ANY OPTION FOR PREMIUM MONTHLY OR QTRLY PREMIUM REMITTANCE ?
ONE OF MY FRIEND HAD INVESTED RS. 25000 LAST YEAR BEARING POLICY NO. 176548121 IN MARKET PLUS PLAN WHICH WAS NEWLY LAUNCHED LAST YEAR NOW THE DUE DATE OF NEXT PREMIUM IS IN AUGUST . WHEN WE HAD MADE THIS POLICY WE WERE TOLD THAT WE WILL GET AN ASSURED AMOUNT AT THE RATE OF 8% AND ITS LOCK IN PERIOD WILL BE 3 YEARS AND NOW WE HAVE TO DEPOSIT TWO MORE INSTALMENT OF RS 25000. BUT NOW SOME OTHER AGENT HAD TOLD US THAT THIS WILL TOTALLY VARY WITH MARKET N RISK INVOLVED IS HIGH AND NO ASSURANCE IS THERE . SO WE WANT TO KNOW IS IT TRUE . WHETHER WE LOSSE ALL MONEY SPENT OR WILL GET SOMETHING . WE ARE IN THIS DIELLMA PLZ HELP US WHETHER TO CONTINUE OR NOT.
Hi Team,
I have a Market plus policy which i bought on Oct 2008, My yearly premium is 25,000 and I have opted for a growth fund.
Please thell me the current NAV for growth fund. Also my understanding was the returns would be highest for the growth fund as compared to other options. Please confirm if I am or I was right.
Regards,
Gangadhar H R
sir
i have taken lic market plus on 31-12-09 ,by investing Rs 10000/
policy number 655746473 kindly tell me weather I want invest every year, for how many years I want to invest
on 31.03.2009 i have invested Rs. 10000.00 in LIC-Market Plus-1,when i can get my money back and what will be the maturity value on that dat, i also need regular value/unit by sms
I have invested in LIC MARKET PLUS-1 during March 2009. (Rs.25000/-) What is the money that I can realise now if I surrender
Please reply to my e-mail address
Respected sir/madam, I took a lic market plus policy at single premium Rs. 10000 in 30/11/2006 plan & term- 181 25, fund opted-growth, please told me, what was the total created amount at moment?AWAITING UR POSITIVE ANSWER,PL. SEND ANSWER IN MY YAHOO MAIL-sibu977@yahoo.com,thanking u.
My mothers age is 72yrs (LDB) and if she will invest now Rs. 200,000/- in Plan No. 191 of LIC, single Premiem, without Life cover and critical illness cover then:
1) what will be the minimum and maximum maturity age for her age?
2) If, she opts for growth Fund, then what is expected amount to her on minimum period and maximum period of maturity and benefit illustration sheet for the same as per the IRDA rules.?
3) What will the deductions per annum with break-ups like Administartion Charges, policy Charges, Fund management charges, maintenance charges, etc for the 1st year, 2nd year and 3rd year of the policy?
Please confirm me immediately as I will then plan for her investments.
Regards,
S S Shah
if i joine market plus 1 with a premium of rs 50,000 p.a for 5 years in the pention scheme what returns i will get.
p.nandakumar
i am sasikumar iam the policy holder of market plus in the year Aprill 2006. the policy no. is 775418401 please sent my current status of the market plus policy.
Hi,
I am thinking of taking Market Plus -1(T-191). I have some queries:
1. What %age of the amount I pay will be invested year by year?
2. What are the different options to get the final amount? – like monthly pension or lump sum.
Regards,
Karthik Kaligatla
SIR, I have invested Rs. 50000.00 LIC MARKET PLUS -1 TABLE 191. Month of june 2010. I want to know Vlue of above policy after 3 year. please.
I have planning for investement to next year 50000.00
Please send a benifit after 3 year or 6 year
Thanking you
Devendra sisodiya
Dear Support,
I have invested 40k in Market Plus 1(T No.191), policy no-125367519, dated 31/12/2009. Please let me know the current NAV. Also let me know the link for recvg. auto mailers for latest NAvs.
regards,
Neerad
I have invested in Market Plus I (191) in September 2009 as a single premium of Rs. 25,000 yearly for 20 years in Growth Fund without any covers. What will be my maturity amount.?
Dear sir
ulip policies can assign how much amount person can get if he assign a maret plus1 policy having single premium of 60000
thanking u
Sir I invested Rs 500000 in ULIP Market Plus on 15.10.2009 , what is current value of my fund ? kindly rply soon
Sir,
I had invested Rs.30000/ in market plus ONE TIME INVESTMENT in 13th november 2008. Now what is the current value of my fund? kindly inform me on my e-mail
hi, iwant to know more about Market Plus 1 plan, can you send me details on my email ids
I HAVE A LIC MARKET PLUS 1 in BOND FUND. HOW can i switch it to GROTH FUN ? Tell me the procedure.
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i need to know about market plus one time investment plan
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