LIC Endowment Plus – Plan 735 is a Unit Linked Insurance Plan (ULIP) designed for individuals who want to combine life insurance protection with long-term, market-linked wealth creation. Unlike traditional endowment plans that offer fixed returns, this plan provides an opportunity to participate in equity and debt markets while ensuring financial security for your family.
Endowment Plus is suitable for investors who have a long-term investment horizon and are comfortable with market fluctuations. The plan allows policyholders to select investment funds based on their risk appetite and financial goals, making it a flexible and transparent solution for disciplined wealth building along with life cover.
LIC Endowment Plus offers different fund choices to match varying risk profiles:
Policyholders can switch between these funds during the policy term, allowing them to reduce risk during volatile markets or increase equity exposure during growth phases.
✔ Wealth Creation: Opportunity to grow money through equity and debt markets.
✔ Life Protection: Family remains financially secure during policy term.
✔ Investment Flexibility: Fund switching based on financial strategy.
✔ Goal-Based Planning: Suitable for retirement, education, and asset creation.
✔ Transparency: Daily NAV disclosure and fund performance visibility.
The policyholder pays premiums either regularly or for a limited period. After deduction of charges, the remaining premium is invested in chosen funds. Units are allocated based on the prevailing Net Asset Value (NAV).
Over time, the fund value grows or fluctuates depending on market performance. On maturity, the policyholder receives the accumulated fund value. In case of death during the policy term, the nominee receives the higher of sum assured or fund value, ensuring protection.
Example 1: Young Investor
Expected Fund Value at 8% p.a.: ₹45–50 lakhs (approx)
Market performance may result in higher or lower returns.
Example 2: Conservative Investor
Expected Fund Value at 6% p.a.: ₹20–22 lakhs (approx)
Returns are indicative and subject to market conditions.
Since Endowment Plus is a market-linked plan, returns are not guaranteed. Fund value may rise or fall based on equity and debt market movements.
It is recommended for investors with a long-term horizon who can tolerate short-term volatility and stay invested during market downturns.
Premiums paid may qualify for deduction under Section 80C.
Maturity and death benefits may be tax-free under Section 10(10D), subject to prevailing tax laws.
✔ Long-term investors
✔ Individuals comfortable with market risk
✔ People planning retirement or education funds
✔ Investors wanting insurance + investment
✔ Those seeking transparent NAV-based returns
Advantages: Market-linked growth, fund switching, insurance cover, long-term wealth creation.
Limitations: Returns not guaranteed, subject to market risk.
LIC Endowment Plus – Plan 735 is an excellent choice for investors seeking long-term wealth creation with the added benefit of life insurance protection. By combining disciplined investing, fund flexibility, and LIC’s trusted backing, the plan provides a balanced solution for future-oriented financial planning.
If you are willing to stay invested for the long term and want your money to grow with the markets while protecting your family, Endowment Plus can play a vital role in building a strong and secure financial future.