LIC SIIP – Plan 752 (Systematic Investment Insurance Plan) is a modern Unit-Linked Insurance Plan (ULIP) that combines life insurance protection with market-linked investment growth. The plan is designed for individuals who want disciplined investing, long-term wealth creation, and financial security for their family under one integrated solution.
In today’s dynamic financial environment, relying solely on traditional savings instruments may not be sufficient to beat inflation or achieve long-term financial goals. LIC SIIP addresses this challenge by allowing policyholders to invest systematically in equity and debt markets while maintaining essential life insurance cover. This dual benefit makes SIIP suitable for investors who seek growth along with protection.
LIC SIIP offers multiple fund options, allowing policyholders to align investments with their risk appetite and financial objectives:
Policyholders can switch between these funds during the policy term, helping them reduce risk during volatile markets or increase equity exposure during growth phases.
✔ Market-Linked Wealth Growth: Opportunity to beat inflation over the long term.
✔ Life Insurance Protection: Family remains financially secure.
✔ Systematic Investment Discipline: Encourages regular savings habit.
✔ Investment Flexibility: Fund switching based on market outlook.
✔ Goal-Based Planning: Suitable for retirement, education, and asset creation.
The policyholder pays premiums regularly or for a limited period. After deduction of applicable charges, the remaining amount is invested in selected funds. Units are allocated based on prevailing Net Asset Value (NAV).
Over time, the fund value fluctuates based 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 financial protection.
Example 1: Young Investor (Equity-Oriented)
Expected Fund Value at 9% p.a.: ₹50–55 lakhs (approx)
Actual returns depend on market performance.
Example 2: Conservative Investor
Expected Fund Value at 6% p.a.: ₹22–24 lakhs (approx)
Returns are indicative and not guaranteed.
LIC SIIP is a market-linked plan. Fund value can rise or fall depending on market movements. Investors should be prepared for short-term volatility.
The plan is best suited for long-term investors who can remain invested through market cycles and avoid frequent withdrawals.
Premiums paid may qualify for deduction under Section 80C of the Income Tax Act.
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 children’s education
✔ Investors wanting insurance + investment
✔ Those seeking transparent NAV-based growth
Advantages: Market-linked growth, fund switching, life cover, disciplined investing, LIC reliability.
Limitations: Returns are not guaranteed and depend on market performance.
LIC SIIP – Plan 752 is a well-structured ULIP designed for investors who want long-term wealth creation with life insurance protection. By combining systematic investing, flexible fund options, and LIC’s trusted backing, the plan helps policyholders build financial security and achieve major life goals.
If you are willing to stay invested for the long term, manage market risk wisely, and want a single solution for protection and investment, LIC SIIP can be a valuable addition to your financial portfolio.