LIC New Endowment Plus - 835 Agency Code is LIC02621250

LIC New Endowment Plus - 835

LIC has put a new ULIP (unit linked assurance plan) plan on table which will come to effect from 17th August, 2015. The new plan is an Endowment Plus (Plan no. 835) having unique identification number of 512L301V01.

1. LIC’s New Endowment Plus plan is a unit linked assurance plan, offering investment-cum-insurance during the term of the policy.
2. This Plan allows policyholder to decide the amount of premium he/she can pay. The amount of cover will be decided according to the premium chosen.
3. A pre-specified percentage shall be deducted upfront from the premium as Premium Allocation Charges. This charge is levied to meet the cost of issuing policy such as distributor fee and cost of underwriting.


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