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.
Here’s a step-by-step guide on how to buy this plan online from Policybazaar.
What is LIC Index Plus?
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:
STEP 1: Visit Policybazaar’s Official Website
Open your web browser and go to the official Policybazaar website. On the homepage, look for the “Life Insurance” or “Investment Plans” section.
STEP 2: Submit Your Details
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.
STEP 3: Provide Additional Information
Next, fill in details regarding your income and location. Providing accurate information will help tailor the plan to your needs.
STEP 4: Select the LIC Index Plus Plan
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.
STEP 5: Complete the Payment
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.
Lic Hub
The LIC of India offers an array of insurance and investment products to cater to the needs of a diverse range of customers. Let us take a look at the various types of plans offered by Life Insurance Corporation of India:
Tax Saving
Investment Plans
Senior Citizens
Kids Plan
Women
LIC for TAX Saving:
Enjoy the dual benefit of tax deductions under Section 80C and comprehensive insurance coverage with LIC’s tax-saving policies.
Explore LIC's top-performing plans, which provide the perfect blend of investment growth and insurance protection to achieve your financial aspirations.
LIC offers plans tailored for women, focusing on their unique needs. These plans include savings, life cover, and financial independence to secure a brighter future.
Ans: To buy LIC Index Plus, visit Policybazaar’s website, select the plan, submit your details, choose the plan, and complete the payment.
Q: Why Buy LIC Index Plus from Policybazaar?
Ans: Policybazaar offers an easy online process and helpful 24*7 customer support to help you with all your policy queries.
Q: What are the Features of LIC Index Plus?
Ans: Key features include market-linked returns, flexible premium payment options, lifelong coverage, and multiple fund choices based on risk appetite.
*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 ˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. 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. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in