LIC Index Plus is combo of life insurance and investment. www.insuringgurgaon.com #indexplus

LIC (Life Insurance Corporation of India) Index Plus is a unit-linked insurance plan (ULIP) that offers a combination of life insurance coverage and investment opportunities. Here's a brief introduction:

*Key Features:*

- A flexible premium payment term and policy term
- Choice of two investment funds: Index Fund and Balanced Fund
- Life insurance coverage for the policyholder
- Option to switch between funds or make partial withdrawals
- Tax benefits under Section 80C and Section 10(10D)

*Benefits:*

- Potential for long-term wealth creation through investment in equity and debt markets
- Flexibility to adjust premium payments, fund choices, and sum assured
- Insurance protection for the policyholder and their family
- Opportunity to earn bonuses and loyalty additions

*Please note:* This is a brief summary, and you should consult the LIC website or consult with an agent to get a detailed understanding of the plan, its terms, and conditions before making any investment decisions.

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[ashokahire]

I don’t think this is correct.. Insurance companies will never give this money.. subject to terms and conditions…

[deepeshyadav]

Ye return amount kitne year pr ka hai??