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LIC Profit Plus

LIC profit plus is a unit linked endowment plan where the PPT or the premium payment plan is limited to a single sum of amount over 3, 4 and 5 years. When the policy gets matured the policy holder can exercise settlement option and can receive the policy money in installments. The installments will be available over a period not more than 5 years from the scheduled date of maturity of the term.

LIC profit plus does not provide any life cover during this period. The value of the payable installment is a subject to investment risk because the NAV value may go up and down according to the performance of the fund.

The premiums of this plan are payable at yearly, half yearly, quarterly and monthly installments. The minimum premium is Rs 10000/- and alternatively a single premium can be paid to a minimum of Rs 20000/-.

LIC profit plus is a Plan NAV or Net Asset Value of the company and the details of profit plus are given below:

'''BOND FUND'''

* Date of Launch - 23.08.2007

* Basic Value Unit - 10

* NAV as on date - 12.6049

* Repurchase Value - 12.6049

* Sale Value - 12.6049

'''SECURED FUND
'''
* Date of Launch - 23.08.2007

* Basic Value Unit - 10

* NAV as on date - 11.9763

* Repurchase Value - 11.9763

* Sale Value - 11.9763

'''BALANCED FUND'''

* Date of Launch - 23.08.2007

* Basic Value Unit - 10

* NAV as on date - 12.4693

* Repurchase Value - 12.4693

* Sale Value - 12.4693

'''GROWTH FUND'''

* Date of Launch - 23.08.2007

* Basic Value Unit - 10

* NAV as on date - 10.8967

* Repurchase Value - 10.8967

* Sale Value - 10.8967

Certain other features are also available with this plan like partial withdrawals, switching between the fund types, discontinuance of the premiums due to death of the policy holder or maturation of the policy, in case of critical illness or due to many other reasons.

The features also include revival, cooling off, reinstatement, settlement options, assignment, exclusions etc.

Comments

My policy number is 744960805. It's profit plus with 188-20. i wanna know the current status of my policy.

sir my policy is lic'profit plus ( no. 234284389) (plan no.188)let me know the current status of my policy, if i withdraw in this month how much can i get.

I want my status of LIC Profit Plus policy, My policy no: 754905752 i) Fund value ii) Current balabce

I want my status of LIC Profit Plus policy, My policy no: 754905752 i) Fund value ii) Current balabce

Hi Sir, I want my status of LIC Profitplus policy,My policy No-364076538 plan no-188,i already paid 4years. i)Current status ii)Fund value please send detail.

sir my policy is lic'profit plus ( no. 602437531) (plan no.188)let me know the current status of my policy, if i withdraw in this month how much can i get.where i can claim

I have LIC profit plus plan no.188 Growth fund having policy no. 766299901 and paying premium of Rs 1000000 My first question is how much is the current value on my investment and how can i myself calculate the current value of my investment from time to time. From the NAV how can we know the value of our investment been done.

I have LIC profit plus plan no.188 Growth fund having policy no. 766299901 and paying premium of Rs 1000000/- My first question is how much is the current value on my investment and how can i myself calculate the current value of my investment from time to time. From the NAV how can we know the value of our investment been done.

Sir, I want my status of LIC Profitplus policy,My policy No-176686984 plan no-188,i already paid 4years.How much i will get on maturity at current status going on i)Current status ii)Fund value please send detail.

Sir, I want my status of LIC Profitplus policy,My policy No-176686984 plan no-188,i already paid 4years.How much i will get on maturity at current status going on i)Current status ii)Fund value please send detail.

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