LIC Nivesh Plus Scheme
Lic Nivesh Plus Scheme: LIC is running many schemes for the people, which range from saving schemes to many insurance policies. One such insurance policy of LIC is LIC Nivesh Plus Policy, in which you can invest your money and you also get life insurance in it, the minimum maturity period in it is 18 years, you can easily buy this policy by visiting www.licindia.in, let’s know.
Lic Nivesh Plus Scheme is a scheme run by LIC in which not only investment but also life insurance opportunity is given. Under this, you get the option of many investment funds, apart from this, you can also switch the fund during the period of the policy. In this scheme, you not only get insurance coverage but you can also choose the option of partial withdrawal. In case of disability or death, the amount is given to the family of the policy holder.
Features of LIC Nivesh Plus Scheme
There are many main features of this scheme, let’s know about them
- In this you get four options to invest in which you can invest your money in four funds, these funds are – Balance Fund, Growth Fund, Secure Fund and Bond Fund. You can choose any fund option as per your convenience.
- You are also given the facility to switch your fund from one fund unit to another fund unit, you can switch from one fund unit to another fund unit anytime during your policy period.
- In this you have the facility to withdraw money partially.
- In this if the policy holder is a minor, then money can be withdrawn only when the policy holder turns 18 years of age.
- In this, on purchasing the policy offline, a free look period of 15 days is available, while on buying online, a free look period of 30 days is available.
- If the policy holder wants to cancel this policy during this period, then he can withdraw his fund by cancelling the policy.
Benefits of LIC Nivesh Plus Scheme
- In this scheme the policy holder gets death benefit, in this scheme the policy holder is given maturity benefit.
- In this scheme the policy holder gets guaranteed increase on completion of the fixed period of insurance as a percentage of single premium based on the type of fund selected
- In this the policy holder can avail any rider as per his convenience, in which he gets additional facility apart from the facility of the policy.
- The policy can be purchased both online and offline.
How to buy Lic Nivesh Plus Scheme?
To get this policy, you can purchase it online by visiting its official website www.licindia.in, where you can buy this policy by filling all the information in your application form and uploading all the documents and paying its premium with your debit card or credit card.
You can also buy this policy offline. To buy it offline, you can go to the nearest LIC center or buy it offline through LIC agents or brokers.
