LIC International, a significant subsidiary of LIC of India, has been a pivotal player in the GCC insurance market for more than thirty years. Based in Bahrain, its branches in Dubai and Abu Dhabi are crucial, accounting for a substantial part of its regional sales. Designed to cater to the varied needs of the expatriate Indian community and other nationalities, LIC International has continually expanded its product range, introducing innovative solutions to meet changing customer demands.
Recently, the company introduced two new investment plans, 'Invest Plus' and 'Flexi Wealth Builder,' offering flexible, market-linked investment options in USD. These products are aimed at supporting UAE residents, especially NRIs, in achieving their financial objectives with global diversification and low-cost fund management. These developments continue to bolster LIC International's global presence while providing valuable investment opportunities and financial security to its clients.
The two new plans, 'Invest Plus,' a single premium product, and 'Flexi Wealth Builder,' a regular premium product, are global market-linked whole-life plans. They offer investors a platform to participate in the performance of various market-linked, globally diversified funds in USD, managed by top AMCs worldwide. These plans are suitable for individuals aged 0 to 70 years, allowing investors to select premium amounts and funds based on their risk appetite and financial goals.
These plans distinguish themselves through low-cost fund management fees, exclusive investment strategies, and customizable options aligning with the customer’s financial needs. LIC aims to ensure the safety of investments while providing growth potential and financial security. Ultimately, the goal is to strengthen the international market presence and continue building trust and value for the global clientele.
Our new investment plans are linked to the global equity market, offering opportunities for international growth. While there are inherent risks, including market volatility, LIC is committed to guiding clients through these complexities. Research suggests that maintaining investments for over five years increases the likelihood of achieving positive returns. By partnering with LIC and leveraging professional advisors, investors can significantly mitigate risks while pursuing higher returns.
LIC International recognizes the unique financial aspirations of millennials and offers tailored insurance solutions to meet these evolving needs. The 'Life Protect' Term Plan, designed for millennial investors, provides life coverage at an affordable rate, with options for critical illness riders. Beyond financial products, LIC is dedicated to educating millennials about financial planning through workshops, webinars, and educational resources.
To address the dynamic nature of the UAE insurance industry, LIC International has focused on enhancing digital services, offering customized products, and exploring strategic partnerships. These initiatives aim to improve operational efficiency and meet the evolving needs of customers.
On India’s 78th Independence Day, LIC International extends warm greetings and wishes to all, celebrating the progress and prosperity of the nation. Jai Hind!
Why choose LIC International’s Investment Plans? The Single Premium Invest Plus Plan offers one-time investment with guaranteed returns and comprehensive life coverage. The Flexi Wealth Builder Plan provides flexible premium payments, market-linked growth, and customization options to meet specific financial goals and risk appetites.
