SIIP ULIP Plan 852
LIC SIIP ULIP Plan 852 – Great scheme for people who’s invest in share market, this is the second ULIP scheme launched by LIC in the year 2020. Along with SIIP, LIC has also introduced a single premium ULIP plan, called LIC Nivesh Plus ULIP Plan 849. The scheme is also available in online and offline modes. You can invest in four different fund options as per this plan.
Introduction – Why ULIPs Like SIIP 852 Are Gaining Popularity in India
For decades, LIC has been synonymous with trust and guaranteed returns. Plans like Jeevan Anand and Jeevan Labh are household names. But as India’s young professionals look for higher returns and flexible investments, ULIPs (Unit Linked Insurance Plans) are gaining traction.
One such offering is the LIC SIIP Plan 852, designed to provide:
- Life insurance protection
- Market-linked returns
- Flexibility in fund choices
- Systematic investment through regular premium
👉 In simple words: SIIP 852 = Regular Investment + Life Cover + Wealth Creation through markets.
What is LIC SIIP ULIP Plan 852?
LIC’s SIIP (Systematic Investment Insurance Plan) – Plan 852 – is a Unit Linked Insurance Plan (ULIP) where policyholders pay regular premiums.
- A portion of the premium provides life insurance coverage.
- The remaining is invested in LIC-managed fund options (Equity, Debt, Balanced, Secured).
- Returns depend on market performance.
This plan is ideal for long-term wealth creation while ensuring family protection.
Key Features of LIC SIIP Plan 852
| Feature | Details |
|---|---|
| Plan Type | Regular Premium ULIP |
| Plan Number | 852 |
| Entry Age | 90 days – 65 years |
| Maximum Maturity Age | 85 years |
| Premium Payment | Yearly, Half-yearly, Quarterly, Monthly |
| Minimum Premium | ₹4,000/month, ₹10,000/quarter, ₹20,000/half-year, ₹40,000/year |
| Maximum Premium | No limit |
| Policy Term | 10 – 25 years |
| Sum Assured Options | 7× Annual Premium or 10× Annual Premium |
| Fund Options | Bond, Secured, Balanced, Growth |
| Partial Withdrawal | Allowed after 5 years |
| Loan Facility | Not available |
| Tax Benefits | 80C & 10(10D) (conditions apply) |
How LIC SIIP Works – Step by Step
- You pay regular premiums (yearly, half-yearly, quarterly, or monthly).
- LIC deducts charges – mortality, fund management, allocation.
- Remaining premium is invested in funds of your choice.
- Investment grows as per market performance.
- On maturity, you receive Fund Value.
- On death during the policy term, nominee gets higher of Sum Assured or Fund Value.
Investment Fund Options in SIIP 852
| Fund Type | Risk Level | Where Money is Invested | Best For |
|---|---|---|---|
| Bond Fund | Low | Govt. Bonds & Securities | Conservative investors |
| Secured Fund | Low-Medium | Debt + limited equity | Balanced investors |
| Balanced Fund | Medium | Equity + Debt | Moderate risk takers |
| Growth Fund | High | Predominantly Equity | Aggressive, long-term investors |
👉 Pro Tip: For 15–25 years horizon, Growth Fund usually delivers the highest returns.
LIC SIIP 852 – Example & Illustration
Example 1: Young Investor – Raj (Age 30, Growth Fund)
- Premium: ₹1,00,000 annually
- Policy Term: 20 years
- Fund Chosen: Growth Fund
- 6% return estimate → ₹35 Lakhs
- 8% return estimate → ₹50 Lakhs
- Life Cover: ₹10 Lakhs (10× Premium)
Example 2: Middle-Aged Investor – Meera (Age 40, Balanced Fund)
- Premium: ₹2,00,000 annually
- Policy Term: 15 years
- Fund: Balanced
- 6% return estimate → ₹46 Lakhs
- 8% return estimate → ₹65 Lakhs
- Life Cover: ₹20 Lakhs
Premium Chart – LIC SIIP Illustration
| Age | Annual Premium | Policy Term | Fund | Sum Assured | Est. Maturity @6% | Est. Maturity @8% |
|---|---|---|---|---|---|---|
| 25 | ₹50,000 | 20 yrs | Growth | ₹5 Lakhs | ₹18 Lakhs | ₹26 Lakhs |
| 30 | ₹1,00,000 | 20 yrs | Balanced | ₹10 Lakhs | ₹35 Lakhs | ₹50 Lakhs |
| 35 | ₹2,00,000 | 15 yrs | Growth | ₹20 Lakhs | ₹46 Lakhs | ₹65 Lakhs |
| 40 | ₹3,00,000 | 25 yrs | Growth | ₹30 Lakhs | ₹1.1 Crore | ₹1.6 Crore |
(Figures are indicative; actual returns depend on fund performance)
Benefits of LIC SIIP Plan 852
1. Dual Advantage
Life cover + market-linked wealth creation.
2. Systematic Investment
Encourages disciplined investing through regular premiums.
3. Fund Switching
Switch between equity, debt, and balanced funds anytime.
4. Liquidity
Partial withdrawals allowed after 5 years.
5. Tax Benefits
Premiums under Section 80C; maturity under 10(10D) (conditions apply).
6. Long-Term Wealth Creation
Perfect for goals like retirement, child’s education, or wealth building.
Investor Scenarios
Scenario 1: NRI Investor – Long-Term Wealth
Arun (NRI, 32 years old) invests ₹2 Lakhs yearly in Growth Fund (20 yrs).
- Expected maturity @8% → ₹1.2 Crore.
- Provides family in India with life cover + long-term wealth.
Scenario 2: Parents Planning Child’s Education
Neha (35) invests ₹1.5 Lakhs yearly in Balanced Fund (15 yrs).
- Corpus @8% → ₹70 Lakhs approx.
- Useful for higher education abroad.
Scenario 3: Retirement Corpus Builder
Sunil (40) invests ₹3 Lakhs annually for 25 years.
- At 8% → ₹1.6 Crore.
- Acts as retirement pension fund.
Analyst Insights – Expert Opinions on SIIP 852
- Insurance Advisors: “SIIP is perfect for salaried individuals who want disciplined wealth creation.”
- Market Analysts: “Performance depends on chosen funds; equity-heavy funds work best for 15+ years.”
- Financial Planners: “Not suitable for conservative investors seeking guaranteed returns. Great for medium-to-high risk profiles.”
LIC SIIP vs Other LIC Plans
| Feature | SIIP 852 | Nivesh Plus 849 | Endowment 914 |
|---|---|---|---|
| Premium | Regular | Single | Regular |
| Returns | Market-linked | Market-linked | Guaranteed + Bonus |
| Liquidity | After 5 years | After 5 years | Limited Loan |
| Best For | Salaried & long-term investors | Lump sum investors | Conservative investors |
Pros & Cons of LIC SIIP 852
✅ Advantages
- Systematic long-term investment
- Life cover + market returns
- Fund switching flexibility
- Good for retirement & wealth creation
❌ Disadvantages
- No guaranteed returns
- Returns may be lower after charges
- Not ideal for short-term goals
Tips to Maximize Returns in SIIP 852
- Choose Growth Fund for 15+ years.
- Avoid early withdrawals; let compounding work.
- Invest higher premiums annually if possible.
- Take separate term insurance for bigger coverage.
- Review fund performance every 2–3 years.
FAQs – LIC SIIP ULIP Plan 852
Q1. Is SIIP a guaranteed plan?
👉 No, returns are market-linked.
Q2. Can I pay premium monthly?
👉 Yes, minimum ₹4,000/month.
Q3. What is the lock-in period?
👉 5 years.
Q4. Can I switch between funds?
👉 Yes, switching is allowed anytime.
Q5. Is maturity tax-free?
👉 Yes, if conditions under 10(10D) are met.
Q6. What happens if I stop paying premium?
👉 Policy acquires a paid-up value after lock-in, else lapses.
Q7. Who should buy SIIP?
👉 Salaried professionals, NRIs, parents saving for children, and investors planning retirement.
Final Verdict – Should You Invest in SIIP 852?
LIC SIIP 852 is best suited for:
- Young professionals starting investments.
- Parents saving for education/marriage of children.
- Individuals planning retirement through market-linked funds.
👉 Avoid if you want 100% guaranteed returns. In that case, go for LIC Jeevan Labh or Jeevan Umang.
Smart Strategy:
- Use SIIP for wealth creation (Growth Fund).
- Combine with a separate term plan for comprehensive life cover.
