Who it suits
Investors who want market-linked growth along with life cover.
LIC plans / Unit Linked Plans (ULIPs)
Unit Linked Plans (ULIPs)
New Plan no. 873
LIC’s Index Plus
Unit linked · Equity index
Unit-linked plan with monthly premiums from ₹2,500, two fund choices (including up to 100% Nifty 50 stocks), plus guaranteed additions.
RegularPremium paying term
See the official brochure for the exact benefit formula.Sum assured
Plan highlights
What this plan gives you
The main features in plain words. The official brochure is the final word on every figure.
- Monthly premium from ₹2,500
- Guaranteed additions
- Two fund choices
How it works
Premiums buy units. Pick one of two funds. Guaranteed additions are credited to the fund.
Death benefit
Higher of fund value or sum assured, as per brochure.
Maturity benefit
Fund value.
Survival / income benefit
None.
Options and riders
Two fund options
Step by step
How the plan runs
1
Start the planSum assured: See the official brochure for the exact benefit formula..2
Pay premiumsRegular3
Income during the termNone.4
Receive the benefitFund value.At a glance
Eligibility and plan limits
A quick reference before you discuss a proposal. Underwriting and channel conditions apply.
| Plan detail | As per summary |
|---|---|
| Plan number | 873 |
| Category | Unit Linked Plans (ULIPs) |
| Plan type | Unit linked · Equity index |
| Premium paying term | Regular |
| Sum assured | See the official brochure for the exact benefit formula. |
- 5-year lock-in
- Investment risk borne by policyholder
Quick answers
Questions families ask
Who is this plan for?
Investors who want market-linked growth along with life cover.
What are the policy term and premium paying term?
Premium paying term: Regular.
What sum assured can I choose?
See the official brochure for the exact benefit formula.
What happens if the life assured dies during the term?
Higher of fund value or sum assured, as per brochure.
What do I receive at maturity?
Fund value.
Does the plan pay anything during the term?
None.
Are there options or riders?
Two fund options
Will the amounts always be paid exactly as shown here?
This page is a summary. Actual benefits depend on the policy terms, premium payment status, the options chosen, underwriting and LIC’s official benefit illustration. The official brochure is the final word.
Want this explained in plain words?
Read LIC’s official brochure, compare the options, and I will help you choose what fits your family.
This page is a summary. Benefits, eligibility and premiums can change: the official LIC brochure for the plan is the final word, and I will confirm current terms for you.