LIC's Samridhi Plus - Guaranteed Highest NAV

Feb. 19, 2011 - PRLog -- LIC Samridhi Plus is a ULIP plan. LIC Samridhi Plus (Plan No.804) is a close ended plan which would be open for sale for a maximum period of 3 months.

http://savingwala.com/insurance/samridhi-plus.html

LIC Samridhi Plus 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. The premium payment under this plan is limited to single or 5 years. The policyholder can choose the level of cover within the limits, depending on his/her age.

http://savingwala.com/insurance/samridhi-plus.html

In this plan there is a guarantee of the highest NAV recorded on a daily basis, in the first 100 months of the policy, subject to a minimum of Rs. 10/-. The guarantee will be applicable only for units available in the policyholder’s fund at the end of the policy term. The period to be counted for guarantee of NAV shall be 100 months from the date of commencement of policy.

http://savingwala.com/insurance/samridhi-plus.html

# # #

Savingwala offers free info. about various tax saving schemes available to salaried and middle class families in India