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Plan Highlights
LIC's Endowment Plus is a unit linked endowment plan. The features of the plan are mentioned below:
§ Funds available under this plan are -Bond, Secured, Balanced and Growth fund.
§ A policyholder can partially withdraw the units at any time after five policy years.
§ Premiums can be paid in yearly, half-yearly, quarterly and in monthly (ECS) installment OR in single
installment.
§ Policyholder can switch between any fund types during the policy term. 4 switches will be
§ Policyholder has a option to enhance the risk cover by choosing the Double Accident benefit
§ On death of the policyholder, the nominee will be eligible to get higher of Sum assured (minus
partial withdrawal if any done during last two years) or the Fund value of units.
§ In case of maturity the policyholder will get amount equal to the Fund value of the units.