LIC Nivesh Plus (Plan 749) is a non-linked, non-participating endowment life insurance plan that combines life protection with guaranteed long-term savings. It is designed for individuals who prefer stability, predictability, and disciplined wealth creation without exposure to stock market risks. The plan offers flexible premium payment options—single, limited, and regular—making it suitable for a wide range of financial profiles.
In an era where market volatility creates uncertainty, LIC Nivesh Plus stands out as a dependable financial instrument. It allows policyholders to systematically build a financial corpus while ensuring their family’s financial security through assured life cover. This makes the plan ideal for conservative investors, salaried individuals, families, and long-term planners who value guaranteed outcomes over speculative returns.
Under LIC Nivesh Plus, the policyholder selects a premium payment mode and policy term based on financial goals. Premiums are paid either once (single premium), for a limited number of years, or throughout the policy term. In return, LIC provides life cover during the term and a guaranteed maturity benefit at the end.
If the policyholder survives the full policy term, the maturity benefit is paid as a lump sum. In the unfortunate event of death during the policy term, the nominee receives the death benefit, ensuring financial stability for the family.
✔ Guaranteed Wealth Creation: Predictable savings growth without market risk.
✔ Family Financial Protection: Life cover ensures security in case of death.
✔ Flexible Premium Planning: Choose payment structure based on income flow.
✔ Liquidity Through Loans: Access funds without surrendering policy.
✔ Tax Efficiency: Dual benefit of savings + tax planning.
Example 1: Regular Premium Option
Estimated Maturity Benefit: ₹22–25 lakhs (guaranteed as per policy terms)
Example 2: Single Premium Option
Estimated Maturity Benefit: ₹8–9 lakhs
Note: Actual benefits depend on policy parameters defined by LIC.
✔ Conservative investors
✔ Salaried individuals seeking guaranteed savings
✔ Parents planning children’s future
✔ Individuals planning retirement corpus
✔ People who prefer stability over market volatility
✖ High-risk, high-return investors
✖ Short-term investment seekers
✖ Investors focused on equity market growth
Premiums paid qualify for deduction under Section 80C of the Income Tax Act.
Maturity and death benefits are generally tax-free under Section 10(10D), subject to prevailing tax laws.
LIC Nivesh Plus – Plan 749 is a robust, stable, and well-balanced endowment plan designed for individuals who value guaranteed returns, disciplined savings, and family protection. With flexible premium options, assured maturity benefits, loan facilities, and tax advantages, it serves as a dependable long-term financial planning solution.
If your priority is financial certainty, long-term security, and peace of mind backed by LIC’s trust, Nivesh Plus can be an excellent addition to your financial portfolio.