LIC INTERNATIONAL B.S.C.
(c)
UNIT LINKED INSURANCE PLAN
INVEST PLUS (Plan No. 280)
The Investment risk in the Investment Portfolio is borne by the Policyholder
What is Invest Plus ?
▪ Invest Plus is a unit-linked insurance plan that allows you to invest a
single premium and thereafter continue to accumulate wealth by
investing additional premiums via top-up.
▪ It is a whole-life policy, and the policy fund value can be withdrawn
in full after 1 yr. It also pays a death benefit if the life insured dies.
▪ It provides a wide range of investment options across asset classes,
including equity funds, multi-asset funds and fixed income funds.
▪ It offers global investment opportunities through 110 funds
managed by 18 world's leading fund houses.
INVEST PLUS (Plan No. 280)
The Investment risk in the Investment Portfolio is borne by the Policyholder
Key Features
Key Features of Single Premium Wealth Creator
Age at Entry Minimum 0 years
Age at Entry Maximum 70 years (Completed)
Policy Term Whole of Life
Premium Paying Term / Mode Single Premium
Minimum Single Premium USD 10000 & Multiples of USD 1000
Minimum Top Up Premium USD 1500 & Multiples of USD 100 ( Any Time)
Maximum Premium No limit , Subject to Underwriting
Optional Benefit No Optional Benefit under this Plan
Underwriting Requirement Non Medical
Assignment / Loan / Date back Not Available
Free Lock Period 30 Days from Date of issuance
INVEST PLUS (Plan No. 280)
The Investment risk in the Investment Portfolio is borne by the Policyholder
Key Benefits
Option to make partial withdrawal Option to make full withdrawal
after completion of one policy year. after completion of one policy year.
✓ Minimum withdrawal amount $1500 ✓ *Surrender Charges applicable
✓ Minimum fund value after withdrawal $15000 ✓ Charges up to 60 months
✓ *Surrender charges applicable up to 60 months ✓ After 60 months NIL charges
Partial Withdrawal Full Withdrawal
Maturity Benefit Death Benefit
It’s a whole of life Product, there is Benefit shall be paid to beneficiary
no maturity benefit on fixed term. in the event of death (Life Assured)
✓ Can withdraw 100% of fund value ✓ 101% of fund value shall be paid
✓ Any time during the policy term ✓ The policy shall terminate on payment of the
✓ Charges applicable up to 60 months death benefit.
INVEST PLUS (Plan No. 280)
The Investment risk in the Investment Portfolio is borne by the Policyholder
Other Benefits
SWITCHING
TOP UP
Additional Investment / Top-up Switching of funds facility is
facility is available at any time available at any time during
during the policy term the policy term
✓ Minimum Top-up amount $1500 ✓ Unlimited Switching allowed
✓ Multiples of $100 ✓ No switching fees
INVEST PLUS (Plan No. 280)
The Investment risk in the Investment Portfolio is borne by the Policyholder
Policy Charges
Establishment Charges Surrender Charge
A monthly charge equivalent to 0.135% Surrender charges will be applied as a
of Single-Premium per month will be percentage of the fund value at the time of
applicable for 36 months. Nil from 37th request for surrender. Charges applied based on
month onwards. the policy month of surrender.
A charge of 2.50% will be applied upfront
to the top-up or additional premiums. Months Charges % Months Charges %
13 – 18 37 – 42
Policy Administration Charge
6.00 % 1.30 %
19 – 24 4.80 % 43 – 48 1.00 %
A monthly charge equivalent to USD 8.00 25 – 30 3.60 % 49 – 54 0.60 %
will be applicable. (If the single premium 31 – 36 2.50 % 55 – 60 0.20 %
is greater than or equal to USD 50000, it 61st Month onwards = Nil Charges
shall be waived)
Policy Management Charge Switching & Mortality Charge
No switching & mortality charges.
A monthly charge equivalent to 0.1% of
(All the above charges are exclusive of applicable VAT,
fund value per month will be applicable. which will be deducted based on prevailing Rules.
INVEST PLUS (Plan No. 280)
The Investment risk in the Investment Portfolio is borne by the Policyholder
Investment Portfolio
Option of Asset Class and Funds
81
11 Equity
Multi Asset
Funds Funds
Total Funds Fixed Income
(18 Fund Houses) Funds
18
110
INVEST PLUS (Plan No. 280)
The Investment risk in the Investment Portfolio is borne by the Policyholder
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Life Insurance Corporation (International) B.S.C.(C) is a company incorporated in Kingdom of Bahrain under Commercial
Registration No. 21606 and licensed by the Central Bank of Bahrain as a Life Insurance Company. Life Insurance Corporation
(International) B.S.C.(C) is registered (Registration No. 72) under UAE Federal Law Number 6 of 2007, and its activities in the
UAE are governed by such law. website: [Link], [Link]