LIC Protection Plus is a Non-Par, Linked, Life, Individual Savings Plan offered by Life Insurance Corporation of India that combines life insurance protection with market-linked wealth creation opportunities.
This plan is designed for individuals seeking both insurance coverage and long-term financial growth through investment-linked funds, while also offering flexibility in premium payments and fund management.
Life Insurance + Market-Linked Savings
Provides life cover along with the opportunity to build wealth through investment in market-linked funds.
Flexible Premium Payment Options
Policyholders can choose between:
Regular Premium
Limited Premium Payment
based on their financial planning needs.
Choice of Investment Funds
Offers multiple fund options with varying risk profiles, allowing policyholders to align investments with their financial goals and risk appetite.
Top-Up Premium Facility
Additional investments can be made through top-up premiums to enhance fund value and future benefits.
Partial Withdrawal Facility
Partial withdrawals are permitted after completion of the lock-in period, helping meet future financial requirements.
Advantages
Tax-Free Returns upto 2.5 Lacs
Flexible Premium Payment Options
Maturity Benefit
Eligibility Criteria Details Minimum Entry Age 18 years Maximum Entry Age 65 years Policy Type Non-Par, Linked, Individual Savings Plan Premium Payment Options Regular Pay / Limited Pay Investment Type Market-Linked (ULIP) Partial Withdrawal Allowed after 5 years Why Choose LIC Protection Plus? Combines insurance protection with wealth creation potential Flexible premium and investment options Opportunity for long-term market-linked growth Additional investment flexibility through top-up premiums Trusted protection from Life Insurance Corporation of India Who Should Consider This Plan? Young professionals seeking long-term wealth creation Individuals looking for insurance with investment benefits Investors comfortable with market-linked products Parents planning future financial goals People seeking flexible financial planning solutions
Build long-term financial security and growth potential with LIC Protection Plus.
