Fortune Plus and Profit Plus from LIC Home | ||
Home Bookmark this page | Unit Linked Endowment Plans from Life Insurance Corporation of India Fortune Plus (T. no. 187) Profit Plus (T. no. 188) Features Bond Fund, Secured Fund, Balanced Fund, Growth Fund Unlimited switches ( 4 free switches per year) Accident benefit rider Critical illness rider (Profit Plus) For Profit Plus, premium can be paid in one installment or a number of installments over a period of up to 5 years . Minimum premium is Rs 20,000 for single premium and Rs 10,000 per annum for term policies. It is available for persons up to 65 years The premium payment is limited to 5 years for Fortune Plus and is available for the age group 12-60 . Minimum premium payable in the first year is Rs 20,000 Premium paid in Unit Linked Life Insurance Policies are subject to investment risks associated with capital Markets and the NAV of the units may go up or down based on the performance of the fund and factors influencing capital markets and the insured is responsible for his/her decisions. The Life Insurance Corporation of India is only the name of the insurance company and Fortune Plus and Profit Plus are only the name of the Unit Linked Life Insurance contracts and does not in any way indicate the quality of the contracts, its future prospects or returns . Past performance is not indicative of future results. (August 2007) |
© Copyright ulip.in