LIC Profit Plus
LIC Profit Plus ULIP Plan Table No-188
| Term | Age | Sum Assured | |
| Minimum | 5 | 0 | 50000 |
| Maximum | 20 | 65 | No Limits |
Premium Ceasing Age : 70 Premium Ceasing Term : 20
Plan Highlights
Profitable occasions come Rare, So, be a part of it!!!
Presenting LIC’s Profit Plus, a Unit Linked Limited Endowment Insurance Plan that provides security and reaps benefits with your investments, thus helping you meet your financial needs. This plan
primarily contributes to giving financial protection to your family and enhances your savings. You can make your choice of funds, depending upon your ability to take risks. With excellent
insurance coverage and versatile investments in one package, Profit Plus, is designed to suit your needs.
To know more about the benefits of Profit Plus, do look into the following features:
Plan that gives the benefits of various market related instruments coupled with insurance cover.
Premium payment term is limited to single, 3,4 or 5 years.
Sum assured depends on your premium or policy term.
No limit for maximum premium
Premium can be paid in yearly, half yearly, quarterly, monthly (ECS) or single installments.
Minimum and Maximum age to purchase policy under this plan is 0 and 65 years respectively.
You can choose policy term between 5 to 20 years.
Plan offers a choice of 4 investment fund options viz. Bond, Secured, Balanced and Growth Fund depending on your risk profile.
Policyholder can switch between any fund types during the policy term. 4 switches will be allowed free.
High liquidity in the form of partial withdrawals.
In case of maturity the policyholder will get an amount equal to the value of the units.
In case of death the policyholder is eligible to get higher of sum assured or the value of the units.
Maturity returns can be amplified by exercising ‘Settlement Option wherein the policyholder can en-cash the units in regular installments. Flexibility to increase/ decrease premium & withdraw money according to your needs. Save Tax upto Rs.33390.
Accident benefit rider and Critical illness rider options can be availed under this plan Enjoy tax benefit under section 8OCCE.
For Getting Today’s Latest Profit Plus LIC NAV Click here.
Contact us for free quotes Plan Presentation Example Illustration Charts Reviews Question Answers Discussion about The Best LIC’s Profit Plus Scheme Unit Plan ULIP Unit Linked Insurance Plan Life Insurance policy. Our LIC of India’s Authorised Agent/ Insurance Advisor/Consultant will Contact you within 24 hrs …
Tags: LIC Profit Plus-1, LIC Proft Plus, Profit Plus, Profit Plus-1
Life Insurance, Unit Plans | Sameer Trivedi December 8, 2009
19 Comments
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Thank you.
By Ramesh Kumar Rana, January 3, 2010 @ 5:08 pm
I have paid four premimum of my policy named profit plus bearing polocy no.175765077 of ten thousand each . please intimate how many ujits i have been allotted and whaat is the present valuation of my policy as on 31 dec 09.
By Sameer Trivedi, January 4, 2010 @ 7:10 pm
U have to make login ID at LIC India .com than enter your policy detail between 9 to 3.30 pm only. u may check live there..
By T Varghese, January 13, 2010 @ 4:44 pm
I am a Policy Holder of Profit Plus Growth Scheme. I have a doubt about the Maturity Benefit. You had written in the Policy Manual that “in case of maturity the Policy Holder will get the amount equal to the value of the Units”. I just want to know whether this is in addition to the Fund Value? Please help me by answering. thanks
By Sameer Trivedi, January 13, 2010 @ 6:29 pm
Question: I am a Policy Holder of Profit Plus Growth Scheme. I have a doubt about the Maturity Benefit. You had written in the Policy Manual that “in case of maturity the Policy Holder will get the amount equal to the value of the Units”. I just want to know whether this is in addition to the Fund Value? Please help me by answering
Ans: U will Get Maturity Amount is equal to your total number of Units multiply with that days NAV is shows your Maturity Value.
By Arjun Singh, January 15, 2010 @ 11:59 pm
I am a Policy Holder of Profit Plus Growth Scheme. I have a doubt about the accured bonus. what is meant by accured bonus i.e 1.0
By Manikandan, January 16, 2010 @ 12:03 am
I ve Taken 2 Profit plus ULIP’s each for a sum of RS 10K. Unfortunately am not able to pay the premium for next 2 years.. What do i do about it?? Can i continue it or any chance of gettin the amount back? Can someone help me out in dis regard?
By Sameer Trivedi, January 16, 2010 @ 11:59 am
In LIC Profit Plus bonus comes through NAV Value. There are not any kind of special bonus in this kind of ulip policies. ULIP are works on NAV only. So d’t think about bonus.
By Sameer Trivedi, January 16, 2010 @ 12:04 pm
Your policy status may be lapsed. U should continue with policy with health check up & revival forms. It will be more beneficiary for you.
By deendayal, January 20, 2010 @ 12:31 pm
what is the status of My profit Plan Policy No. 86474799. Please provide me the details and next due date of premium
By kamlesh agrawal, January 27, 2010 @ 11:46 pm
I have Profite plus policy no. 343562983, i just want to switch fund, but how and please tell me procedure
By Y S P Reddy, January 28, 2010 @ 2:16 pm
what is the status of my profit plus policy no.654985150 please provide details and how may quaters due my policy pse send detils my mail
By Phalke J.T., January 29, 2010 @ 10:57 am
I want to invest in profit plus, premium of 50000.00. I want to know what is the amount i will get after 20 years.
By Sameer Trivedi, January 29, 2010 @ 6:22 pm
Contact your local lic agent for this kind of procedger he will manage for you this all things.
By Krishna, February 15, 2010 @ 12:55 pm
I have invested Rs. 80000/-in Profit Plus Scheme. Now the value is zero. Please inform me after ten years the same will repeat or expect some growth and also inform now I will switch the same for any other ulip plan. Please inform me.
By Gharge Mahavir, February 22, 2010 @ 12:06 pm
I want information regarding New LIC plan
i am specialy interested in Investment plus reskbearing plan that’s more benifited for me
please give me information
By Sameer Trivedi, February 25, 2010 @ 8:03 pm
Your investment is near about 18000 sensex today its 16000 due to charges on your policy it appears zero growth all tha companies who is launching this kind of ulip products they also already shown negative growth. I suggest u have to wait for 2-3 years more to get handsome return. sensex may touch 50000 during this period.
By SANTOSH CHAKKAR, March 4, 2010 @ 11:59 am
I am a Policy Holder of Profit Plus Growth Scheme. I have a doubt about the Maturity Benefit can i asked if i paid a premium 10000 for 5 years how much amount i got after 20 years
By Sameer Trivedi, March 4, 2010 @ 12:29 pm
u may get 15 to 18% return after complition of 20 years.
By Sameer Trivedi, March 4, 2010 @ 12:30 pm
u may go for lic market plus 1.