Back to MarketplaceRECOMMENDED
LIC — Unit Linked Plans (ULIP)
LIC SIIP - Systematic Investment Insurance Plan
Premium
₹200/Day
Sum Assured
Higher of 10x Annualized Premium or Minimum SA
Term
10-30 Years
Premium Paying
Regular Premium / Limited Premium
Key Features
5 fund options: Equity, Debt, Balanced, Managed Growth, Whole Life
Unlimited free switches between funds
Top-up facility for additional investment
Systematic Withdrawal Plan available
Loyalty Additions after 5 years of continuous premium
Tax benefits under Section 80C & 10(10D)
Partial withdrawal after 5 years
No premium allocation charge after 1st year
Benefits
Maturity Benefit
Fund Value based on market performance at maturity
Death Benefit
Higher of Sum Assured or Fund Value + Top-up Fund Value
Available Riders
Accident Benefit RiderCritical Illness RiderPremium Waiver Benefit Rider
Eligibility
Age: 18-65 years, Min Annual Premium ₹20,000
Highlights
Systematic market investment with life cover - 5 fund options with loyalty boosts