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LIC Dhan Vriddhi plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity to the life assured.
A fixed % of the Single Premium amount paid gets added to the Policy Unit Fund after completion of a specific number of year
What exactly was announced by Deputy Prime Minister Lawrence Wong at Budget 2024, and why did the government move to address what experts are calling a CPF "anomaly"?
Guaranteed additions, calculated as a percentage of the annualised premium, will be incorporated into the unit fund at specified intervals during the policy's active years
LIC's Dhan Vriddhi is a non-linked, non-participating, individual, savings, single premium life insurance plan that provides both protection and savings.