LIC Nivesh Plus (Plan 749): The Ultimate One-Time Investment for Smart Returns
Investment planning is a crucial aspect of financial security. If you are looking for a one-time investment plan that offers both market-linked returns and life insurance coverage, LIC Nivesh Plus (Plan 749) is a perfect choice. This unit-linked single premium policy provides a unique blend of investment growth and financial protection, making it a preferred option for risk-conscious investors.
Why Choose LIC Nivesh Plus for Investment?
- Single Premium Plan: No hassle of recurring premiums—just invest once and stay covered.
- Market-Linked Returns: Your money is invested in equity and debt markets for potential growth.
- Life Insurance Coverage: Ensures financial security for your family.
- Flexible Fund Options: Choose from different investment funds based on risk appetite.
- Partial Withdrawals Allowed: Liquidity options after 5 years of investment.
- Tax Benefits: Get deductions under Section 80C & 10(10D).
Investment & Returns: How LIC Nivesh Plus Works
LIC Nivesh Plus operates as a ULIP (Unit Linked Insurance Plan), meaning your premium is allocated to investment funds, which are then managed by LIC’s fund managers. Here’s how it benefits you:
✅ Growth Potential: Unlike traditional insurance policies, LIC Nivesh Plus allows investment in equity and debt markets, offering better long-term returns. ✅ Choice of Fund Options: Select from Bond Fund, Secured Fund, Balanced Fund, or Growth Fund based on your risk appetite. ✅ No Upper Limit on Investment: You can invest as much as you want beyond the minimum ₹1,00,000 premium. ✅ Maturity Benefit: At the end of the policy term, the Fund Value is paid out, ensuring a lump sum return on investment.
Who Should Invest in LIC Nivesh Plus?
This plan is suitable for: ✅ Individuals looking for a one-time, hassle-free investment with insurance benefits. ✅ Investors who prefer market-linked growth over fixed returns. ✅ Taxpayers who want to save tax under Section 80C while growing their wealth. ✅ Parents and guardians securing a financial cushion for their children’s future. ✅ Business owners and professionals who want liquidity options through partial withdrawals.
Expected Returns & Growth Potential
Since LIC Nivesh Plus invests in market-based funds, returns vary based on fund performance. However, historical trends indicate an average return of 8-12% per annum, depending on fund selection and market conditions.
Tax Benefits with LIC Nivesh Plus
- Section 80C: Avail tax deductions on the premium paid.
- Section 10(10D): Enjoy tax-free maturity proceeds if conditions are met.
- No TDS Deduction: On withdrawal after the lock-in period of 5 years.
How to Invest in LIC Nivesh Plus?
Investing in LIC Nivesh Plus is simple and can be done through: ✔ Visiting the nearest LIC branch. ✔ Connecting with an authorized LIC agent. ✔ Seeking guidance from LICFuture for expert assistance.
Final Verdict: Is LIC Nivesh Plus Worth It?
If you are looking for a low-risk, high-return investment plan with insurance coverage, LIC Nivesh Plus (Plan 749) is a great option. With its single premium, flexible investment choices, and tax benefits, it serves as an ideal financial instrument for wealth creation and long-term security.
For more details and expert guidance, contact LICFuture today and secure your financial future with confidence!
