Endowment Plus – 735

LIC Endowment Plus (Plan No. 735) is a unit-linked insurance plan that provides life cover along with market-linked investment opportunities. It offers multiple fund options and is suitable for individuals seeking long-term wealth creation while ensuring financial protection for their family.

• Unit-Linked Insurance Plan: Combines life protection with investment benefits.
• Market-Linked Returns: Opportunity to grow wealth based on fund performance.
• Multiple Fund Options: Choose from different funds based on risk appetite.
• Life Cover: Financial protection for family during the policy term.
• Long-Term Wealth Creation: Ideal for achieving future financial goals.
• Flexible Investment Choice: Switch funds as per market outlook and needs.
• Maturity Benefit: Fund value payable on survival till maturity.
• Transparency: Clear structure with NAV-based fund performance.
• Tax Benefits: Eligible for tax benefits as per prevailing income tax laws.
• Trusted LIC Backing: Assurance of Life Insurance Corporation of India.

Detailed Description

LIC Endowment Plus (Plan 735) is designed for individuals who want to combine life insurance protection with market-linked investment growth. As a unit-linked insurance plan (ULIP), it allows policyholders to participate in market opportunities while maintaining essential life cover.

The plan offers multiple fund options, enabling policyholders to choose investments based on their risk tolerance and financial objectives. Whether the goal is conservative growth or higher returns over the long term, Endowment Plus provides flexibility to align investments with personal preferences.

In the event of the policyholder’s death during the policy term, the plan provides a death benefit to the nominee, ensuring financial security for the family. On survival till maturity, the policyholder receives the fund value, which reflects the performance of the chosen funds.

Endowment Plus encourages disciplined long-term investing through regular or limited premium payments. Over time, this systematic investment approach helps build a substantial financial corpus for goals such as retirement planning, children’s education, or asset creation.

Since the plan is market-linked, returns are subject to market performance. However, the availability of fund switching options allows policyholders to manage risk effectively and adapt their investment strategy as market conditions change.

Backed by LIC’s strong financial foundation and trusted service record, Endowment Plus offers transparency, reliability, and long-term assurance. It is well-suited for individuals who are comfortable with market exposure and are looking for a balanced solution that combines protection and wealth creation.

Overall, LIC Endowment Plus – 735 is an ideal choice for long-term financial planning, offering life insurance protection, flexible investment options, and the potential for market-linked returns to help policyholders achieve their financial goals with confidence.