Future Secure Guaranteed Return Plan (Plan no. 242) is a single payment plan for a fixed period of 3 years from LIC International
This plan is ideal if you are looking to park your money for a short period of 3 years, without worrying about capital risks. This plan also provides a guaranteed return as well.
Future Secure Guaranteed Return Plan has a basic sum assured of $2500 with flexible one time Top Up facility.
A Guaranteed bonus(presently calculated @$30 for $1000 Per Anum ) on the premium invested is paid on the maturity of the plan
In the event of the death of the insured before the maturity of the plan, the basic sum assured + top-up premium + the vested guaranteed addition till the date of death is paid to the beneficiary.
|Attribute||Minimum Limit||Maximum Limit|
|Basic Sum Assured||USD 2500||USD 500,000|
|Top Up Premium||USD 10,000||USD 500,000|
|Age Entry||15 years (Completed)||70 years (nearer birthday)|
|Age at Maturity||73 years (nearer birthday)|
|Mode of Premium Payment||Single Premium|
You can avail a loan against your policy after completing one year of investment in the plan
As stated above this plan is ideal if you are looking to park your money for 3 years without capital risk at the same time you want to earn some returns as well.
To know more about this plan or to help you with a Holistic Financial Plan, arrange a Free Consultation with me.