LIC Dhan Vriddhi Plan: A Comprehensive Savings and Investment Opportunity.


Life Insurance Corporation of India (LIC), the leading insurance provider in the country, has introduced an innovative savings and investment plan called 'Dhan Vriddhi.' This plan aims to offer individuals a secure financial future by combining insurance coverage with attractive investment options. In this blog post, we will delve into the features, benefits, eligibility criteria, and the process of purchasing the LIC Dhan Vriddhi Plan.

LIC Dhan Vriddhi Plan

What is the LIC Dhan Vriddhi Plan?

The LIC Dhan Vriddhi Plan is an endowment insurance policy that guarantees returns for a single premium paid at the beginning of the policy term. This non-linked and non-participating individual savings plan is specifically tailored to cater to the domestic market. It provides both protection and savings during the policy period, ensuring financial assistance to the family in the event of the life assured's untimely demise and offering a guaranteed lump sum amount upon maturity.

Benefits of LIC Dhan Vriddhi Plan?

1. Maturity Benefit: If the policy bearer survives until the maturity date, they will receive the "Basic Sum Assured" along with accumulated "Guaranteed Bonus" Additions.

2. Death Benefit: In the unfortunate event of the policyholder's demise within the policy term following the initiation of the risk, the nominee will receive the death benefit.

3. Before Commencement of Risk: If the insured passes away during the policy term before the risk commencement, the nominee will receive the single premium amount paid by the insured, excluding taxes and any additional premium, without interest.

Eligibility Criteria :

The LIC Dhan Vriddhi Plan has specific eligibility requirements:

- Entry Age: The entry age for this plan ranges from 90 days to 8 years, depending on the chosen policy term. The maximum entry age varies from 32 years to 60 years, depending on the selected term and policy option.

- Basic Sum Assured: The minimum basic sum assured is set at Rs 1.25 lakh, with the option to increase it in multiples of Rs 5,000.

Loan Facility :

The LIC Dhan Vriddhi Plan provides the flexibility of liquidity through a borrowing facility. After the completion of the policy for three months, policyholders can avail themselves of a loan against the plan.

How to Purchase the LIC Dhan Vriddhi Plan?

The LIC Dhan Vriddhi Plan can be purchased through multiple channels. Interested individuals can acquire this policy offline through representatives or intermediaries such as Point of Sales Persons-Life Insurance (POSP-LI) or Common Public Service Centers-SPV. Alternatively, the plan can be purchased online via LIC's official website,, following the terms and conditions specified by LIC.

Conclusion :

The LIC Dhan Vriddhi Plan is an excellent opportunity for individuals seeking comprehensive insurance coverage and attractive investment options. With its guaranteed returns, flexible loan facility, and convenient purchase options, this plan ensures the financial security of policyholders and their families. Take advantage of the LIC Dhan Vriddhi Plan and secure your financial future today.

(Note: The information provided in this blog post is based on the knowledge available up to September 2021. It is advisable to visit LIC's official website or consult with LIC representatives for the most up-to-date and accurate information regarding the LIC Dhan Vriddhi Plan.)


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