NIVESH PLUS PLAN PLAN NO. 849
- 27-January-2021
- in: ULIP
LIC’s Nivesh Plus (UIN: 512L317V01) (A Unit Linked, Non participating, Single Premium, Individual Life Insurance Plan)LIC’s Nivesh Plus is a Unit Linked, Non-Participating, Single Premium Individual Life Insurance plan. On payment of single premium, the plan offer, insurance cum investment cover throughout the term of the policy. Under this plan you have the flexibility to choose the type of Sum Insured at the inception and also have a choice of investing the premium in one of the four types of investment funds available. Single Premium paid after deduction of Premium Allocation Charge will purchase units of the Fund type chosen. The Unit Fund is subject to various charges and value of units may increase or decrease, depending on Net Asset Value (NAV).
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