LIC’s Samridhi Plus is a unit linked plan with a policy term of 10 years that offers payment of Fund Value at the end of the policy term based on the Highest Net Asset Value (NAV) over the first 100 months of the policy or the NAV as applicable at the end of the policy term, whichever is higher. LIC Samridhi Plus (Plan No.804) is a close ended plan. The premium payment under LIC’s Samridhi Plus limited to single or 5 years.
Samridhi Plus features
- Highest NAV of 1st 100 months or fund value on maturity
- Lock in period 5 years
- Limited Premium paying term (5 years)
- Partial withdrawal allowed after lock in period twice a year.
- No limit on single premium investment
- Entry age 8-65