Hi ,

Actually this one of the popular plan in LIC; in whcih have plan with or without risk cover and pension plan too. So, if you buy this plan for yourself then will be easy to that go through the LIC website for more info.

And, if you need any info regarding commercial bonds, contractors bond & school bond etc then visit http://www.probondins.com/

Thanks

Source: http://www.probondins.com/

This is a unit linked deferred pension plan. You can take the plan with or without risk cover. You can also choose the level of cover within the limits, which will depend on whether the policy is a Single premium or Regular premium contract and on the level of premium you agree to pay.

The allocated premiums will be applied to purchase units as per the Fund type chosen. Your Unit Account will be subject to deduction of charges as specified in the Policy Conditions. The value of the units in the Unit Fund may increase or decrease, depending on the investment return of the assets representing the chosen Fund.

Payment of Premiums: You may pay premiums regularly at yearly, half-yearly or quarterly intervals over the term of the policy. The minimum annual premium will be Rs.5,000/- increasing thereafter in multiples of Rs.1,000/-. Alternatively, a Single premium can be paid subject to a minimum of Rs.10,000 and thereafter in multiples of Rs.1,000.

Benefits:

A) Death Benefit:
...more

Is it LIC