*LIC Index Plus (Plan No. 873)* is a Unit Linked Insurance Plan (ULIP) that combines *life insurance security* with *wealth creation* by linking your investment directly to leading stock market indices. Here is a straightforward breakdown of how the plan works, its core benefits, and key rules. ### 1. Dual Market-Linked Investment Options Your premium (after initial charges) is invested in your choice of two market-linked funds. Both track major indices to aim for high long-term capital growth: * *Flexi Growth Fund:* Primarily invests in selected stocks that are a part of the *NSE NIFTY 100* index. * *Flexi Smart Growth Fund:* Primarily focuses on stocks from the *NSE NIFTY 50* index. > *Flexibility Note:* You can shift your money between these two funds depending on market conditions. You get *4 free switches* every policy year. > ### 2. Core Payout Benefits * *Maturity Benefit:* If the life assured survives the policy term, you receive the full accumulated *Unit Fund Value* at maturity. * *Refund of Mortality Charges:* A major highlight of this plan is that upon survival to maturity, LIC *refunds the total amount of mortality charges* (the cost of providing life cover) deducted over the years back into your final payout. * *Death Benefit:* If the life assured passes away during the term, the nominee receives the *highest* of: * The Basic Sum Assured (minus any partial withdrawals made in the preceding two years). * The current Unit Fund Value. * 105% of the total premiums received till date. ### 3. Key Financial Boosters & Perks * *Guaranteed Additions:* To incentivize long-term savings, LIC adds a guaranteed percentage of your annualized premium directly to your Unit Fund at specific policy milestones (at the end of years 10, 15, 20, and 25). The addition percentage ranges from 6% up to 30%, depending on your premium amount and the length of your policy term. * *Partial Withdrawals for Liquidity:* After a mandatory *5-year lock-in period*, you can partially withdraw money from your fund value to meet immediate personal milestones or emergencies. Contact Me For More Information.. Mr. Shailesh Joshi Mobile : 9820143309 E-mail : shaileshsjoshi001@yahoo.co.in website : krishnainvestments.org To Know more about our provided services click on given link... https://mydc.in/?a=9820143309-10 https://saathi.licindia.co.in/s/shailesh-joshi/81280925 our financial adviser / best advisor in Mumbai / health insurance / corporate medical Insurance #LICPolicy2025 #insurancelearners #licjeevanumang #LICInvestment #LICScheme #lifeinsurancechallenge #LICPOlicyHolders #lifeinsurancebroker #licadvisor #LifeInsuranceAwarenessMonth #licplanning #licplan #financialfreedom #licfdplan #licposters #LIC #MoneyBackPlan #insurance #investment #financialplanning. #LICPolicy #SecureFutur
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