Date of Withdrawal: 16-Nov-2013
Plan No. 811
- ‘LIC’s Flexi Plus’ is a special unit linked plan which targets to protect your dreams and provides an envelope of security to your family. The benefits on maturity date are guaranteed - with or without you.
- Flexibility to choose the policy term.
- Flexibility to choose the premium paying mode from yearly, half-yearly, quarterly or monthly (through ECS mode only) intervals over the term of the policy.
- Flexibility to choose from 2 fund types (Debt & Mixed) to suit your investment needs.
- Flexibility of partial withdrawals to meet your emergency needs at any time after fifth policy anniversary.
- Flexibility to surrender after completion of 5 years with no surrender charge.
- Flexibility to switch fund from one to another. Within a given policy year 4 switches will be allowed free of charge.
- On death of the policyholder
- Sum Assured as a lump sum to the nominee.
- An amount equal to the future premium payable is credited to the Fund.
- On Maturity Date the accumulated Policy Fund Value will be paid to the Nominee.
- On Maturity: The policyholder will get amount equal to the Fund value of the units.
- Enjoy tax benefit under section 80CCE.
| Eligibility Criteria |
|
Min. |
Max. |
| Age |
18 |
50 |
| Term |
10 |
20 |
| Sum |
150000 |
2100000 |
| Premium Modes |
Yly,Hly,Qly,Mly |
| Yearly Premium for 10,00,000 Sum Assured |
| As it is Ulip Plan the Premium is decided by the Client. |
