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LIC has launch a new policy "Wealth Plus"- matures on 8 years and guaranteed highest NAV of 7 years

02/03/2010 20:57

Wealth Plus::
 

LIC’s Wealth Plus (Table No.801) is a ULIP insurance plan that protects your investment from market fluctuations, so that your investments are protected in financially volatile times. Wealth Plus offers Guaranteed highest NAV in the first 7 years of the policy, subject to a minimum of Rs.10. Policy term is 8 years.
Wealth Plus Features:
1. Guaranteed Highest NAV of 7 year.
2. Very Attractive Returns.
3. Life cover.
Risk cover of 5 times of the annualized premium or 1.25 times of single premium.
4. Minimum Yearly premium Rs. 20,000 for three years term policy and there is no limit on maximum premium. or Single premium of minimum Rs. 40,000.
5. Tax benefits.
6. Partial withdrawals allowed:

 
Two Partial withdrawals are allowed in a policy year subject to certain conditions.
7. Limited Period Offer.
8. Extended life cover:
A unique feature of the Plan is the extended life cover for 2 years after the completion of policy term of 8 years.
LIC's Wealth Plus (Table No.801) is an investment plan for limited time offer!
 
Details: https://taxsavinginsurance.blogspot.com/search/label/Wealth%20Plus

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