SIIP – 752

LIC SIIP (Plan No. 752) is a unit-linked insurance plan designed to offer market-linked returns along with life insurance protection. It provides flexible premium payment options and multiple fund choices, making it suitable for individuals with different risk profiles who want to grow wealth while staying protected.

• Unit-Linked Insurance Plan: Combines life cover with market-linked investments.
• Market-Linked Returns: Potential to grow wealth based on fund performance.
• Multiple Fund Choices: Select funds according to risk appetite.
• Flexible Premium Options: Choose premium payment terms as per convenience.
• Life Insurance Protection: Financial security for family during policy term.
• Long-Term Wealth Creation: Ideal for achieving future financial goals.
• Fund Switching Facility: Switch between funds based on market outlook.
• Maturity Benefit: Fund value payable on survival till maturity.
• Transparency: NAV-based fund performance with clear structure.
• Trusted LIC Backing: Assurance of Life Insurance Corporation of India.

Detailed Description

LIC SIIP (Plan 752) is designed for individuals who want to participate in market growth while enjoying the security of life insurance protection. As a unit-linked insurance plan (ULIP), it allows policyholders to invest in market-linked funds and build wealth over the long term.

One of the key advantages of SIIP is the availability of multiple fund options. Policyholders can choose funds based on their risk tolerance, financial goals, and investment horizon. This flexibility helps align investments with personal financial strategies.

The plan offers flexible premium payment options, making it easier for individuals to plan their investments according to income patterns and long-term objectives. Over time, regular and disciplined investments can help create a substantial financial corpus.

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

Since SIIP is market-linked, returns are subject to market risks. However, the fund switching facility allows policyholders to manage risk by reallocating investments based on changing market conditions or personal preferences.

Backed by LIC’s strong financial foundation and trusted service record, SIIP offers transparency, reliability, and long-term assurance. It is well-suited for individuals who are comfortable with market exposure and are looking for a flexible insurance-cum-investment solution.

Overall, LIC SIIP – 752 is an excellent choice for long-term financial planning, offering market-linked growth potential, flexible investment options, and essential life insurance protection under one comprehensive plan.