LIC launches unit linked endowment plan
LIC on Friday launched Money Plus, a unit linked endowment plan designed to offer dual benefits of investment and insurance.
By PTI |
KOLKATA: LIC on Friday launched Money Plus, a unit linked endowment plan designed to offer dual benefits of investment and insurance.
LIC's Zonal manager (east) R R Dash told reporters here that the plan offers four investment options -- bond fund, secured fund, balanced fund and growth fund.
The minimum annual premium of the policy is Rs 5,000, with the option to switch from one fund to another with four free switches per year.
The policy also has critical illness rider benefits, Dash said.
LIC's Zonal manager (east) R R Dash told reporters here that the plan offers four investment options -- bond fund, secured fund, balanced fund and growth fund.
The minimum annual premium of the policy is Rs 5,000, with the option to switch from one fund to another with four free switches per year.
The policy also has critical illness rider benefits, Dash said.
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