LIC Protection Plus ULIP Plan Complete Explanation with Example | Plan No 886 | Life Insurance

Описание: LIC Protection Plus ULIP Plan (Plan No. 886) Full Explanation with Example | LIC New ULIP Plan 2025

LIC has launched a brand-new ULIP (Unit Linked Insurance Plan) named Protection Plus – Plan No. 886, available from 3rd December 2025.
In this video, you will get a complete understanding of this plan, including features, eligibility, premium chart, fund options, life cover, top-up option, and a simple example to understand returns.

This video will help you decide whether this ULIP plan is suitable for your financial goals or not.

🔥 What You Will Learn in This Video:
LIC Protection Plus ULIP Plan details
Features of Plan No. 886
Minimum & Maximum Premium
Premium Payment & Policy Term options
Life cover benefits
Fund options (Low to Very High Risk)
Example for better understanding
Who should buy this plan?

🟦 Key Features of LIC Protection Plus (Plan 886):

✔ Market-linked returns + Life Cover
✔ 6 Fund Options (Bond to Very High Risk Equity Funds)
✔ Top-up Premium Option
✔ Premium allocation to market or government securities
✔ Flexible premium modes – Monthly / Quarterly / Half-Yearly / Yearly
✔ Option to switch between funds

🟧 Eligibility Conditions:
Minimum Entry Age: 18 years
Maximum Entry Age:
PPT 5 years → 50 years
PPT 7, 10, 15 years → 65 years

🟨 Minimum Premium:
PPT 5, 7, 10 years:

Monthly: ₹5,000

Quarterly: ₹15,000

Half-Yearly: ₹30,000

Yearly: ₹60,000

PPT 15 years:

Monthly: ₹3,000

Quarterly: ₹9,000

Half-Yearly: ₹18,000

Yearly: ₹36,000

Maximum Premium: No Limit

🟦 Who Should Buy This Plan?

✔ People wanting insurance + investment in one plan
✔ Those looking for market-linked long-term returns
✔ Investors wanting flexible risk options
✔ Individuals needing life cover with wealth creation