Saturday, May 30, 2009

LIC: Market Plus I Pension Plan

LIC (Life Insurance Corporation of India) introduces the new Unit Linked Pension Plan, name “Market Plus-I Pension Plan”.

Salient Features:

- Get the most out of the market through various fund options

- Critical illness benefit rides available

- Min. & Max. Age at entry 18 years – 80 years

- Min. & Max. Age at vesting of Pension 40 years – 85 years

- No surrender charge

The Premiums paid in Unit Linked Insurance Policies are subject to Investment risks associated with Capital markets and the NAV of the units may go up or down based on the performance of the fund and factors influencing the capital market.

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