LIC SIIP

About this plan

LIC’s SIIP is a Non-Par, Life, Individual, Savings plan which offers insurance cum Savings during the term of the policy. LIC’s SIIP is a non-participating product and hence the policy is not entitled for any share in surplus (profits) during the term of the policy. You can buy this plan offline through Licensed agents, Corporate agents, Brokers, Insurance Marketing Firms as well as online. To purchase this plan online, kindly log on to www.licindia.in You have a choice of investing premiums in one of the four types of investment funds available. Each premium paid, after deduction of Premium Allocation Charge, will purchase units of the Fund type chosen. The Unit Fund is subject to various…