LIC’s SIIP is a Unit Linked, Non-Participating, Regular Premium, Individual Life Insurance
plan which offers insurance cum investment cover throughout
the term of the policy.
You have a choice of investing premiums in one of the four types of investment funds
available. Each premium paid, after deduction of Premium Allocation Charge, will
purchase units of the Fund type chosen.
The Unit Fund is subject to various charges
and value of units may increase or decrease, depending on Net Asset Value (NAV).
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