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LIC Market Plus

LIC Market Plus

LIC Market plus is a unit linked delayed pension plan. This plan or policy may be taken either in the midst of or without the risk cover. Also the level of cover might be chosen the policy holder with in the limits. This mode of selecting the cover depends on the policy type whether it is a single premium or a regular premium contract and it also depends on the level of the premium that the policy holder agrees to pay.

As per the choice of the fund type, the allocated premiums would be applied to the purchase units. The unit account of the policy holder will be subjected to the deduction of charges as per conditions that are specified in the LIC Market plus policy. Depending on the investment return of the assets the unit values of the unit fund may either increase or decrease representing the fund that is chosen.

The premium amounts can be paid regularly at the yearly or the half-yearly and also the quarterly interval over the whole term of the LIC Market plus policy. The least amount will be Rs.5000 that is to be paid for the annual premium. There after it increases by the multiples of Rs.1000. But the premium amount can also be paid as single premium subjected to a minimum amount of Rs.10000 and there after it can be paid at the multiples of Rs.1000.

Beyond the benefits such as Death benefit and Benefit on vesting, this LIC Market plus plan provides Accident benefit option for those policy holders who have opted for the life cover which is equal to the life cover which is subjected to a minimum amount of Rs.25000 and a maximum of Rs.50 lakh. In case of a death which occur by an accident, additional sum that is equal to the accidental benefit is payable.

Comments

Dear Sir, I am Gulshan Kumar Living in Faridabad. Before Three Years I was buy a market plus policy my agent said to me that in this police give me 100000, Medical and 100000 Accidental Insurance for life time so I want to know that is it correct or he cheated with me tell me please my email id is krishnajobs3496@yahoo.com and my cell phone no is 9811265175 best regards Gulshan Kumar 9811265175

pls acknowledge my current status of lic market plus policy no 515899242. i am eagerly waiting for status to invest further money for more beneit.

LIC'S MANEY PLUS P.NO624549979,624549441, LIC'S MARKET PLUS P.NO624548907 plZ send my details

Plz find out the My Police No. My name is Sangita Vasantrao Ghuge I fargaot my police no. so kindly requested that plz find out the no & its mathrity & what is the today position of my police

I purchased on LIC Market plus policy on 23/12/2006 investing Rs. 30,000/ one time. It is Table No. 181. I want to know the status and its present value. indra garg

I want to know the all details of market plus policy. if I deposit Rs.one lakh after 5 years how much amount i can get from this policy regards, s.subramanian

pls acknowledge my current status of lic market plus policy no 175445261. i am eagerly waiting for status to invest further money for more beneit.

I purchased on LIC Market plus policy No 693997318 on 03/03/2007 investing Rs. 50,000/ one time. It is Table No. 181. I want to know the status and its present value.

I have purchased two market plus-1 policy one time investment on dated 04/10/2008 of rupees 1,00,000 and 50,000.my policy no is 864046361 and 864046362. I want to know the status and its present value.

Plz find out the My Police No. My name is S.Rathi I fargaot my police no. so kindly requested that plz find out the no & its mathrity & what is the today position of my police

lic market plus --- policy no.694816945 and 694815402 under growth --started as a single term policy on 29/3/2009 what are their surrender value now

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