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Lic Hindi vs Fixed Maturity Plan

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Lic Hindi vs Fixed Maturity Plan

Lic Hindi

LIC Nivesh Plus is a unit-linked, non-participating, and single-premium individual life insurance plan. It offers insurance cum investment benefits that help you to stay protected and earn great returns. The plan allows the insured to monetize the investment opportunities associated with the stock m...

Fixed Maturity Plan

Aditya Birla Sun Life Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump sum on maturity. The ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones fro...

PLAN DETAILS

Lic Hindi


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Partial Withdrawals
  • Switches
  • Guaranteed Additions
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum Maturity Age - 85 years 70 years
Premium payment term 10 to 25 years Single, Limited, Regular
Plan Entry Age Minimum Age - 90 days Maximum Age - 70 years 8 years
Sum assured Rs 1 lakhs to No limit Rs. 15000- no limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 10 years Maximum term - 25 years Minimum: 5 years to Maximum: 10 years.
Claim Settlement Ratio (2024-25) 98.5% 98.65%

Know More About Plans

LIC Nivesh Plus is a unit-linked, non-participating, and single-premium individual life insurance plan. It offers insurance cum investment benefits that help you to stay protected and earn great returns. The plan allows the insured to monetize the investment opportunities associated with the stock market. It offers guaranteed additions at low charges. LIC allows the insured to invest in the LIC Nivesh Plus Policy through online and offline modes.

LIC Nivesh Plus Plan offers you a range of benefits including:

why-choose
  • Death Benefits,
  • Maturity Benefits
  • Guaranteed Additions,
  • Partial withdrawals,
  • Payout in installments
  • Free-look period

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