← Back to all LIC Plans
Plan No. 873ULIP
LIC's Index Plus
"Index linked market returns."
A unit-linked, non-participating, individual life insurance plan tracking major stock indices.
Key Features
- ✓Invests in Nifty 50 or Nifty 100.
- ✓Guaranteed additions.
Eligibility Criteria
Minimum Age90 Days
Maximum Age60 Years
Minimum Term10 to 25 Years
Maximum Term10 to 25 Years
Min Sum Assured7 to 10 times annualized premium
Max Sum AssuredNo Limit
Plan Benefits
Death Benefit
Higher of Sum Assured or Unit Fund Value.
Survival Benefit
N/A
Maturity Benefit
Unit Fund Value.
Real-World Example
Profile28-Year-Old Professional
Sum Assured₹ 10,00,000
Term Details20 Years
Annual Premium₹ 1,00,000 / Year
Expected ReturnsNifty 50 Returns
How it Works
She wants the high returns of the Nifty 50 index but also needs life insurance. She pays ₹ 1 Lakh a year. The money mirrors the Nifty 50. Plus, LIC adds guaranteed units to her fund at the end of specific years to boost returns.