unit-linked individual life insurance plan

Insurance

LIC Introduces Innovative Unit-Linked Life Insurance Plan: Index Plus

On Monday, Life Insurance Corporation of India (LIC) revealed the introduction of Index Plus, a unit-linked individual life insurance plan featuring regular premiums. In a statement, LIC highlighted that the plan provides a combination of life insurance coverage and savings throughout the policy’s duration. The statement further explained, “Guaranteed additions as a percentage of annualized premium shall be added to…