LIC's SIIP
Unit Linked, regular premium, individual life insurance plan offering market-linked growth with life protection.
Why Choose This Plan?
LIC's SIIP (Systematic Investment Insurance Plan) is a ULIP that combines life insurance with market-linked investment — similar to investing in mutual funds, but with an inbuilt life cover. You invest regularly (like an SIP) across LIC's internally managed funds, with the flexibility to switch between funds as market conditions change. SIIP is ideal for investors who want equity and debt market participation within the safety net of a life insurance policy, especially over a long investment horizon of 10+ years.
Frequently Asked Questions
Eligibility criteria vary based on age, medical history, and specific plan requirements. Contact our advisors for a detailed assessment of your eligibility.
The claim process is simple and hassle-free. You can initiate a claim through our online portal, or by contacting our customer support team with the required documentation.
Yes, premiums paid towards this insurance plan may be eligible for tax deductions under relevant sections of the Income Tax Act. Please consult with a tax advisor for specifics.
Other Plans by LIC
- LIC's New Endowment Plan
- LIC's New Jeevan Anand
- LIC's Single Premium Endowment Plan
- LIC's Jeevan Lakshya
- LIC's Jeevan Labh
- LIC's Bima Jyoti
- LIC's Jeevan Azad
- Nav Jeevan Shree (Single Premium)
- Nav Jeevan Shree (Limited Premium)
- LIC's Dhan Sanchay
- Jan Suraksha
- LIC's New Money Back Plan - 20 Years
- LIC's New Money Back Plan - 25 Years
- LIC's Bima Shree
- LIC's Bima Ratna
- LIC's Jeevan Umang
- LIC's Jeevan Utsav
- Jeevan Utsav (Single Premium)
- Child Money Back Plan
- LIC's Jeevan Tarun
- Amritbaal
- LIC's Saral Jeevan Bima
- LIC's Yuva Term
- LIC's Yuva Credit Life
- Bima Kavach
- LIC's New Jeevan Amar
- LIC's New Tech-Term
- LIC's Digi Term
- LIC's Digi Credit Life
- LIC's New Jeevan Shanti
- Saral Pension
- LIC's Jeevan Akshay - VII
- Smart Pension
- Endowment Plus
- LIC's Nivesh Plus
- LIC's New Pension Plus
- LIC's Index Plus
- Protection Plus
- Micro Bachat
- Bima Lakshmi
