The south-central zone of Life Insurance Corporation of India (LIC) has launched a new insurance plan "� Jeevan Plus "� replacing the earlier Bima Plus. | |
| Jeevan Plus is a unit-linked whole life plan available for people in the age group of 0-65 years. The policyholder can choose between four fund types "� bond fund, secured fund, balanced fund and growth fund "� and can switch between the fund types during the policy term. |
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| Top-ups in multiples of Rs 1,000 can also be paid during the policy term. However, no additional death benefit will be available on the top-ups. The policyholder can also avail of an accident benefit and critical illness rider options. |
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| As on September 30, 2005, LIC south central zone sold 15.17 lakh policies with the first premium received being Rs 700 crore. |
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