ULIP Plans are investment plans that offer a combination of life insurance and investment. ULIPs offer investors the flexibility to choose the amount of money they want to invest and also provide tax benefits. ULIPs are available in different variants, each with its own set of features and benefits.
LIC ULIP Plans are one of the best ULIP plans in India that offer a wide range of benefits to policyholders.
Key features and benefits of LIC ULIP Plans are:
- ULIPs offer a life cover, which ensures that your family is financially protected in case of your untimely death.
- ULIPs offer flexibility in terms of investment options. You can choose to invest in equity, debt, or both, depending on your risk appetite.
- ULIPs offer the benefit of tax exemption under section 80C of the Income Tax Act.
- ULIP plans also offer riders that provide additional protection against critical illnesses, accidents, etc.
ULIP Plans from LIC are one of the best investment options available today. Get the Share Market benefit plus insurance benefit with UNIT plans. If you are looking for an investment plan that offers life insurance and investment benefits, then ULIP Plans from LIC are the ideal option for you.
Unit linked insurance plan (ULIP) is a life insurance solution that provides protection and flexibility in investment. The investment is denoted as units and is represented by the value that it has attained, called Net Asset Value (NAV). The policy value varies according to the value of the underlying assets at the time.
Some of the popular ULIP PLans
UNIT LINKED PLAN (ULIP)
Market Plus I (Table No.191)
Profit Plus (Table No.188)
Fortune Plus (Table No. 187)
Money Plus-I (Table No.193)
Health Protection Plus
Child Fortune Plus (Table No.194)
Jeevan Saathi Plus (Table No.197 )
LIC Wealth Plus (Table No.801)