LIC · ULIP · Wealth / investment-oriented ULIP
Nivesh Plus
A single-premium unit-linked plan with a choice of four risk-graded funds and two sum-assured multiples, for investors who want to put in one lump sum with market-linked growth potential.
Product data last fetched 26 August 2026. Features, premiums and availability may change — verify against the official brochure/policy wording before deciding.
The truth card
PurposeSavings — Linked (ULIP)
CategoryWealth / investment-oriented ULIP
InsurerLIC
Life CoverNot available in the current product data
PremiumNot available in the current product data
Policy TermNot available in the current product data
Premium-Paying TermNot available in the current product data
GuaranteeNot available in the current product data
Market ExposureYes — fund-value linked
LiquidityNot available in the current product data
Lock-in5 years (statutory minimum for ULIPs)
ChargesNot available in the current product data
Maturity BenefitNot available in the current product data
Death BenefitNot available in the current product data
SurrenderNot available in the current product data
Paid-upNot available in the current product data
Tax NotesDepends on policy structure, premium amount, issue date and applicable tax law — see our tax notes
XIRRNot available in the current product data
What this product is
A single-premium unit-linked plan with a choice of four risk-graded funds and two sum-assured multiples, for investors who want to put in one lump sum with market-linked growth potential.
You might need this if…
- You might need this if you have a lump sum to invest once and want market-linked growth combined with life cover, without committing to ongoing premiums.
- You might need this if you want to choose your own risk level across four funds ranging from low-risk bonds to high-risk equity growth.
- You might need this if you want a higher insurance multiple (10x premium) for more protection, or a lower multiple (1.25x) to maximise the investment component.
- You might need this if you're comfortable with a 5-year lock-in and no guarantees on returns.
How it actually works
- Entry age 90 days up to 70 years (Option 1, 1.25x sum assured) or up to 35 years (Option 2, 10x sum assured); policy term 10-25 years.
- Single premium only, minimum ₹1,25,000, no upper limit; allocation charge 3.30% (offline) or 1.50% (online).
- Four fund choices: Bond Fund (low risk), Secured Fund, Balanced Fund, and Growth Fund (high risk, up to 80% equity) — all carry a 1.35% p.a. fund management charge.
- Death benefit is the higher of the Basic Sum Assured (less recent partial withdrawals) or the fund value at the time.
- Maturity benefit equals the fund value on the maturity date; Guaranteed Additions of 3-7% of the single premium are added to the fund at years 6, 10, 15, 20 and 25.
- An optional Linked Accidental Death Benefit Rider can be added at any policy anniversary, up to age 70.
Worked example
For a 30-year-old paying ₹1,25,000 single premium over a 20-year term, illustrative maturity value under Option 1 (1.25x cover) ranges from about ₹2,28,559 at 4% assumed growth to ₹4,65,044 at 8%; under Option 2 (10x cover) it ranges from about ₹1,58,999 to ₹3,74,442, since more of the premium funds insurance.
Worth knowing before you decide
- Returns are not guaranteed — LIC's own illustration states the projected rates "are not upper or lower limits."
- Full 5-year lock-in with no liquidity; surrendering early moves funds to a Discontinued Policy Fund with charges.
- Partial withdrawals are only allowed after year 5, and reduce the sum assured for the following 2 years.
Official source
⌟ Official product brochure
Learn about this category
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