Calculators LIC plans Index Plus Surrender
LIC Index Plus surrender value
LIC Index Plus (Plan 873) is the cleanest ULIP in LIC's portfolio — two index-tracking funds (NIFTY 50 and SENSEX), a PAC that drops to nil after year 5, and an FMC of just 0.50% p.a. That FMC is among the lowest in the entire LIC ULIP universe. The honest trade-off: you're paying for a 5-year lock-in, life cover, and §80C eligibility, none of which a direct Nifty index fund gives you. At a ₹2.5 lakh annual premium cap before losing §10(10D) exemption, Index Plus makes sense for the buyer who genuinely needs insurance + index exposure and wants to stay within the new Finance Act rules.
Last updated · site changelog