Flexi Plus

  • 'LIC's Flexi Plus is a special unit linked plan which targets to protect your dreams and provides an envelope of security to your family. The benefits on maturity date are guaranteed - with or without you.
  • Flexibility to choose the policy term.
  • Flexibility to choose the premium paying mode from yearly, half-yearly, quarterly or monthly (through ECS mode only) intervals over the term of the policy.
  • Flexibility to choose from 2 fund types (Debt & Mixed) to suit your investment needs.
  • Flexibility of partial withdrawals to meet your emergency needs at any time after fifth policy anniversary.
  • Flexibility to surrender after completion of 5 years with no surrender charge.
  • Flexibility to switch fund from one to another. Within a given policy year 4 switches will be allowed free of charge.
  • On death of the policyholder
    • Sum Assured as a lump sum to the nominee.
    • An amount equal to the future premium payable is credited to the Fund.
    • On Maturity Date the accumulated Policy Fund Value will be paid to the Nominee.
  • On Maturity: The policyholder will get amount equal to the Fund value of the units.
  • Enjoy tax benefit under section 80CCE.

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