Date:23/05/2008 URL: http://www.thehindu.com/2008/05/23/stories/2008052352371600.htm

Business - Briefly

Unit-linked endowment plan from LIC

CHENNAI: LIC has launched its new unit-linked endowment plan, Money Plus 1 which offers dual benefits of investment and insurance. According to a release, the plan offers four investment options. It has features such as enhanced limits for investment in the equity market for secured and balanced types of funds, lower fund management charges and enhanced limits for critical illness coverage. — Corporate Reporter