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.
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.