All Plans

Life Insurance

ULIP Plans

Market-linked growth with life cover

Plan Overview

Unit Linked Insurance Plans such as LIC's SIIP and Nivesh Plus invest part of your premium in market-linked funds and give life insurance cover with the rest. You choose the fund — bond, secured, balanced or growth — and can switch as your goals change.

Key Benefits

  • Choice of four investment funds with free switching
  • Partial withdrawals allowed after 5 policy years
  • Life cover of 7 to 10 times the annual premium
  • Guaranteed additions in some variants
  • Fund value paid on maturity

Eligibility & Terms

Entry age: 90 days to 65 years
Policy term: 10 to 25 years
Lock-in: 5 years

Figures shown are indicative as per the insurer's published plan features and may change. Please confirm the current terms with us before purchasing.

Best suited for

Investors comfortable with market movement who want wealth creation plus insurance in one plan.

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