Archive · 19 Jun 2025
LIC Index Plus Plan: Key Features and Investment Insights
The LIC Index Plus Plan is like a financial plan that helps you with life insurance and investing in the stock market.
You get insurance coverage and can invest in funds that are linked to the market, potentially earning more than traditional plans.
You can choose how to invest your money, and take some out after five years if you need it.
The plan also adds extra money to your investment at times.
You can buy this plan online or by visiting an LIC office.
LIC's Index Plus Plan combines life insurance with market-linked investment.
Policyholders can choose between Flexi Growth and Flexi Smart Growth Funds.
Partial withdrawals are allowed after a 5-year lock-in period.
Guaranteed additions are credited to the unit fund at specific intervals.
The plan is available for purchase both online and offline.
- Who
- For individuals seeking life insurance and market-linked investment growth.
- What
- A unit-linked insurance plan that combines life cover and market-linked investments.
- When
- Information not available.
- Where
- Offered through LIC (Life Insurance Corporation of India).
- Why
- To provide a blend of life cover, safety, and market-driven investment potential.
- Plan Type
- Unit linked, Non-participating, regular premium
- Life Insurance Cover
- Throughout the policy term
- Investment Options
- Flexi Growth Fund, Flexi Smart Growth Fund
- Source of Purchase
- Online (LIC website) & Offline (agents, brokers)
- Refund of Charges
- Mortality charges refunded at maturity
- Guaranteed Additions
- Added to unit fund at specified policy durations
- Partial Withdrawals
- Allowed after 5 years