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Product Information
Plan No. 867
  • This investment is best for children. However, it is beneficial to invest at a young age.
  • This is non-participating, unit linked pension plan which aims for building corpus with systematic savings converting into regular income on retirement after taking the annuity plan.
  • One can take immediate or deferment pension option.
  • This pension plan can be taken with a single premium or regular premium option. Under regular premiums, one needs to invest for the entire term of the policy.
  • This pension plan provides an option to extend the accumulation period or deferment period within the same policy with same terms and conditions.
  • An investor can invest in 4 different funds available to them.
  • Investors have an option for 4 free switches between the funds in a policy year.
  • This plan offers guaranteed additions of 5% to 15.5% of yearly premium at specific intervals.
  • For the premiums paid, there would be a premium allocation charge. The balance would be used in purchasing the units in the fund chosen by the investor.
  • Partial withdrawal of the units (10% to 25%) is allowed for 3 times in a policy period.
  • Investors can purchase this plan through online or through offline mode from agents or by visiting any of the LIC branches.
How Does This Policy Work
Sample illustration
Eligibility Criteria
Mode/ Premium Payment Frequency Single Premium (Rs.) Regular Premium (Rs.)


Yearly 30,000
Half Yearly


Quarterly 9,000
Monthly (NACH) 3,000
Basic Sum Assured   Not Applicable
Maximum Premium   No Limit
Minimum Entry Age   25 years (Last Birthday)
Maximum Entry Age   75 years (Last Birthday)
Minimum Vesting Age   35 years (Last Birthday)
Maximum Vesting Age   85 years (Last Birthday)

Age at entry for policyholder is to be taken as age last birthday (LBD)


Premium Paying Frequency & Premium Paying Term:

Sr.No. Premium Payment Frequency Premium Paying Term
1 Single Premium Single Premium
2 Regular Premium [(Yearly, Half-yearly, Quarterly and Monthly (NACH)] Same as Policy Term

Minimum/Maximum Policy Term:

Premium Payment Frequency Minimum (Years) Maximum (Years)
Single/Regular Premium 10 42

The minimum/maximum policy term shall be subject to minimum/maximum vesting age


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S Ramanathan, FChFP, MDRT (USA)
Fellow Chartered Financial Practioner

No.13/16, Viswanathan Street,
Srinivasa Avenue,
Raja Annamalaipuram,
Chennai - 600028.

Mob.:(+91) 98841 66618
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