Calculators LIC plans Protection Plus Surrender
LIC Protection Plus surrender value
LIC Protection Plus (Plan 854) is a ULIP that explicitly prioritises protection over wealth creation — the sum assured multiplier is higher than standard ULIPs (up to 10× for most ages), which means larger mortality charges are deducted from the fund every year. The trade-off is transparent: more insurance cover drag = slower fund growth. At the 8% gross return scenario, net XIRR is typically 0.3–0.8 percentage points lower than Index Plus at the same inputs — that gap is the cost of the extra life cover.
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