My LIC

Unit Linked Insurance Plan (ULIP) Revised terms you should know... Life Insurance will be compulsory. Read more at: ULIP Plans Revised. Read More »

LIC of India's Child Fortune Plus is a unit linked plan (ULIP) which will be allowed to the parents who have a child upto the age of 17 years last birthday. The risk cover under the plan will be on the life of the parent who will be the life assured. There will be no insurance coverage on the life of the child, but the policy will be allowed based on the age of the child. The policy will continue till the child attains the age of 25 years last birthday or till the life assured attains the age of 75 years nearest birthday, whichever is earlier. The purpose of the plan is to meet the educational and other needs of the child named as nominee in the policy. Read More »

LIC's Fortune Plus is a Unit Linked Plan (ULIP) where premium payment term (PPT) is 5 years and the premium payable in the first year will be 50% of total premium payable under the policy. Fortune Plus serves the purpose of insurance-cum-investment. Four types of investment Funds are offered in Fortune Plus. The Policyholder has the option to choose any ONE out of the following 4 funds. Bond, Secured, Balanced and Growth. Read More »

Market Plus 1 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......more Read More »

LIC Gratuity Plus Summary: LIC’s GRATUITY PLUS PLAN is a unit linked plan (ULIP) for management of Gratuity Funds. GRATUITY PLUS PLAN is suitable for companies who desire to entrust Gratuity Fund management to an insurer and wish to have the flexibility of choice of investments. This plan is different from the traditional Cash Accumulation Plan as the returns under ... Read More »