Calculators LIC plans SIIP Review
LIC SIIP review
LIC SIIP (Systematic Investment Insurance Plan, Plan 852) is a regular-premium ULIP marketed as 'LIC's SIP'. The front-loaded PAC (8%/5%/3%/2% in years 1–4, nil from year 5) is the most aggressive in LIC's ULIP lineup — your first two years' premiums lose 8% and 5% off the top before any unit is bought. At the 8% gross return scenario, the net XIRR over 20 years works out to roughly 6.0–6.5%, meaning a substantial portion of the gross return is consumed by early-year charge drag. Choose this only if the SIP-style discipline and the insurance wrapper are both genuinely needed.
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