This is an Investment-Linked Life Assurance Policy designed to produce maximum returns to policyholders and at the same time gives financial protection to one’s dependants (in case of death) through low cost life assurance cover which is provided up to age 65.
Payment could be monthly, quarterly, bi-annually or annually.N IC Dividend Plus Plan guarantees very high rate return which ensures accelerated growth of your fund.
For Whom
The NICDividend Plus Plan (DPP) is designed as an investment-linked assurance policy for people desirous of providing financial protection for their dependens (in case of death)
Main Features
• Low cost assurance cover
• Cover provided up to age 65
• Flexible payment options( monthly, quarterly, annually, bi-annually
• Very high return rate which ensures accelerated growth of fund
• High fund accumulation to meet financial needs
• Option to withdraw 25% of investment after every five years
• Free waiver of premium
• Policy loan upto 90% of investment account balance after one year
• The policy serves as a security for loans
• All benefits are tax free.