The LIC Index Plus combines the benefits of insurance and investment. It allows policyholders to invest and grow their wealth while providing life cover. The plan not only helps the policyholder to secure the future of their loved ones but also helps in achieving future milestones.
Read moreHere’s a step-by-step guide on how to buy this plan online from Policybazaar.
LIC Index Plus is a unit-linked insurance plan (ULIP) that offers life insurance coverage and the potential for wealth accumulation through investments. Some of the key features of the plan include:
Market-Linked Returns: The policy's performance is linked to the performance of specified stock market indices.
Flexible Premium Payment: You can choose the premium payment frequency—monthly, quarterly, half-yearly, or annually.
Lifelong Coverage: The plan provides insurance coverage throughout the policy term.
Multiple Fund Options: Policyholders can invest in various funds based on risk appetite.
Follow these steps to buy the LIC plan easily from Policybazaar:
Open your web browser and go to the official Policybazaar website. On the homepage, look for the “Life Insurance” or “Investment Plans” section.
You will be prompted to enter personal information such as your full name, contact details (phone number and email), gender, and date of birth. This information is crucial for identifying you and setting up your application.
Next, fill in details regarding your income and location. Providing accurate information will help tailor the plan to your needs.
After submitting your information, you’ll see a list of available plans. Locate the LIC Index Plus plan and review its details carefully to ensure it aligns with your investment goals.
Once you’ve selected the LIC Index Plus plan, proceed to payment. Choose your preferred payment method, such as credit/debit card or net banking. Follow the prompts to enter your payment details and finalize the transaction. After payment, you should receive a confirmation of your purchase, along with further instructions.
There are several benefits to purchasing the LIC Index Plus plan through Policybazaar:
Easy Comparison: Compare multiple LIC plans and features in one place to find the best fit.
Simple Online Process: Enjoy a hassle-free online purchasing experience without paperwork.
Helpful Support: Policybazaar’s customer support team is available to assist with any queries or issues you may have.
LIC Resources
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LIC Investment Plans |
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*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^Tax benefit are for Investments made up to Rs.2.5 L/ yr and are subject to change as per tax laws.
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
++Returns are 10 years returns of Nifty 100 Index benchmark
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
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