Friday, March 5, 2010

LIC's Wealth Plus Plan

LIC's Wealth Plus Plan is a closed ended plan introduced on 09/02/2010.
Silent future of this plan are as follows.
1. Unit linked plan with policy term of 8 Years.
2. Free Insurance Cover for 2 Years after maturity.
3. Amount payable on maturity will be based on the HIGHEST NAV in the 1 to 7 Years or the NAV at the end of 8 years whichever is Higher !!!
4. Accident benefit available upto Rs. 50 Lacs.
5 Mode of payment - Single or for 3 years.
6. Min. Premium Rs. 20000/- p.a. for 3 years & 40000/- for Single Premium.
Maximum Premium No Limit.
7. Min. age of entry10 years & maximum 65 years
5 Min. S.A. 5 times the annualized premium & 1.25 times Single Premium.
8. No top up is allowed. Partial Withdrawal is allowed after premium paying term.
LowestCharges.
9. BIMA PLUS's NAV is 50.(Past performance is not guaranteed)
10. CALL NOW !!!
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