LIC Money Plus Plan 180 is a popular unit‑linked insurance plan (ULIP) that works as both life insurance cover and an investment product. Many people in India use an LIC Money Plus Plan 180 calculator online to estimate how much they will get at maturity and what their yearly premium will be for a given sum assured.

What is LIC Money Plus Plan 180?

LIC Money Plus Plan 180 is a unit‑linked endowment plan that gives both life cover and investment growth over a fixed policy term. The money you pay as a premium is converted into units of different funds, such as Bond Fund, Secured Fund, Balanced Fund, and Growth Fund, and the returns depend on the performance of these funds in the market.

At the end of the policy term, you get the fund value (maturity benefit) plus any extra additions that may have been declared, while your family gets a death benefit if you pass away during the policy period.

Launch date and withdrawal / closure status

LIC Money Plus Plan 180 was officially introduced on 20th December 2006. The plan has been active for many years and is still available to existing policyholders, but new sales or new policies may be restricted or closed in some channels, depending on the current business rules of LIC.

From the customer’s point of view, once a policy is already issued, it continues as per its original terms (including maturity, surrender and partial‑withdrawal rules), even if the plan is no longer being sold to new customers.

For practical purposes, you can understand it this way:

• Launch date: 20‑12‑2006 (20 December 2006).
• Withdraw closure / new‑join status: The plan is listed as “withdrawn” or discontinued for new business on LIC’s official withdrawn‑plans page, but existing policies are still valid and can be managed (premium, loans, surrender, etc.) as per the original conditions.

Key features of LIC Money Plus 180

1. Type of plan

• It is a unit‑linked insurance plan (ULIP) with endowment‑style structure.
• You get life insurance cover as well as investment growth in market‑linked funds.

2. Policy term and age limits

• Policy term: 5 years to 20 years.
• Entry age: 0 years to 65 years (age nearest birthday).
• Maturity age: 18 years to 75 years.

3. Premium options

• You can pay regular premium (yearly, half‑yearly, quarterly) or single premium in one lump‑sum payment.
• Minimum annual premium: around ₹5,000 per year for regular premium and higher for single premium (for example, about ₹10,000 or more depending on sum assured and fund choice).

4. Sum assured limits

• For regular‑premium policies, the minimum sum assured is the higher of 5 times the annual premium or half of the policy term multiplied by the annual premium.
• The maximum sum assured is usually 20 times the annual premium if entry age is up to 55 years and 10 times if entry age is 56 years and above.
• For single‑premium policies, the minimum is about 1.25 times the single premium, and the maximum can go up to around 5 times the single premium, depending on age and whether a rider is added.

5. Fund options

LIC Money Plus offers four main fund types where your premium is invested:

• Bond Fund – mainly debt / fixed‑income instruments; lower risk, more stable but lower potential returns.
• Secured Fund – a mix of debt and some safer instruments; slightly more aggressive than Bond Fund but still conservative.
• Balanced Fund – mix of debt and equity; medium risk and medium return potential.
• Growth Fund – more focused on equity / market‑linked assets; higher risk but higher long‑term return potential.

You can choose one fund or switch between funds during the policy term (subject to switching rules and charges, if any).

How LIC Money Plus Plan 180 calculator works

An LIC Money Plus Plan 180 calculator is an online tool that helps you estimate your premium amount, expected fund value (returns), and maturity benefit for a chosen sum assured, policy term, and fund type. Most such calculators are not directly on LIC’s official site but are offered by third‑party insurance portals, broker sites, or financial‑tool websites.

Typically the calculator asks you a few simple details:

• Your age at the start of the policy.
• Premium payment mode (yearly, half‑yearly, quarterly, single premium).
• Policy term (for example 10, 15, or 20 years).
• Sum assured you want (within the plan’s minimum and maximum limits).
• Fund type (Bond, Secured, Balanced, Growth).
• Assumed annual return rate (often set by the calculator based on historical performance of the selected fund).

Once you enter these details, the calculator:

• Shows the annual or total premium you need to pay.
• Projects the fund value at different policy years (for example 5th, 10th, 15th, 20th year).
• Shows the maturity benefit (fund value at the end of the term) and in some cases also the surrender value if you decide to close the policy early.

Simple example with the calculator

Let us assume a simple case that you may see in a typical LIC Money Plus Plan 180 calculator:

• Policyholder age: 35 years
• Policy term: 20 years
• Premium payment: yearly
• Sum assured: ₹5 lakh
• Fund type: Balanced Fund

The calculator may show something like:

• Annual premium: around ₹25,000–₹30,000 (approximate, actual amount depends on LIC’s current rates and fund NAV).
• Fund value at 5 years: roughly ₹1.5–₹1.8 lakh (depending on assumed returns).
• Fund value at 10 years: around ₹4–₹5 lakh.
• Maturity fund value at 20 years: roughly ₹10–₹13 lakh, depending on the selected fund and market performance.

This example is only for understanding; the exact numbers will change based on real assumptions, current NAV, and LIC’s latest charges.

If you want, you can try different combinations:

• Switch from Balanced Fund to Growth Fund and see how projected maturity value increases (with higher risk).
• Increase the sum assured and see how both premium and expected maturity value go up.
• Change the policy term (for example from 15 years to 20 years) and check the difference in long‑term returns.

Partial withdrawals and when you can withdraw

One of the advantages of LIC Money Plus 180 is that it allows partial withdrawals from the fund after some years of the policy.

• When withdrawal is allowed: Partial withdrawals are usually allowed after completion of 3 policy years.
• For minors: If the life assured is a minor, partial withdrawals are allowed only from the policy anniversary that coincides with, or follows, the date on which the life assured attains 18 years of age.

When you make a partial withdrawal:

• Some units are cancelled based on the current unit price (NAV) to give you the cash amount.
• The sum assured under the basic plan is reduced by the amount withdrawn for a period of 2 years from the date of withdrawal.
• After those 2 years, the original sum assured is restored (if no further large withdrawals are made).

Minimum balance after withdrawal

To keep the policy active, LIC requires a minimum balance in your fund.

• For regular‑premium policies, you must keep at least two times the annual premium in the fund value after any partial withdrawal.
• For single‑premium policies, the fund value after withdrawal should be at least ₹5,000.

If your withdrawal brings the fund value below this minimum, the company may not allow that withdrawal or may ask for other conditions.

Surrender and withdrawal dates

Apart from partial withdrawals, you can also surrender the policy (fully close it) and take the surrender value.

• Surrender value is payable after completion of 3 policy years.
• If you surrender before 3 years, the surrender value is still calculated but will be paid only after completion of 3 years from the start of the policy.
• The surrender value is normally the fund value applicable on the date of surrender, minus any applicable charges (if any), but LIC mentions that there is no extra charge for surrendering the policy after 3 years.

In simple terms, you should think of:

• 3rd policy year as the “withdrawal unlock date”:
  • After 3 years you can take partial withdrawals freely (within limits).
  • After 3 years you can also surrender the policy and get the fund value as cash.

LIC Money Plus 180: Some key points in a table

The following table gives a quick glance at major features of LIC Money Plus Plan 180 (Plan No. 180).

Feature	LIC Money Plus Plan 180 (Summary)
Plan type	Unit‑linked endowment plan (ULIP)
Launch date	20‑12‑2006 (20 December 2006)
Sold for new business?	Listed as withdrawn / discontinued for new sales; existing policies still valid
Entry age	0 years to 65 years
Maturity age	18 years to 75 years
Policy term	5 years to 20 years
Premium modes	Yearly, half‑yearly, quarterly, single premium
Minimum annual premium	Around ₹5,000 per year (regular)
Key fund types	Bond Fund (conservative), Secured Fund, Balanced Fund (medium), Growth Fund (aggressive)
Partial withdrawals allowed	Yes, after completion of 3 policy years (with minimum balance conditions)
Surrender allowed	Yes, after completion of 3 policy years; surrender value paid as per fund value
Loan option	Not available under this plan

FAQs on LIC Money Plus Plan 180

Conclusion

LIC Money Plus Plan 180 is a well‑known unit‑linked insurance product that combines life cover with investment growth through different market‑linked funds. It was launched on 20th December 2006 and is now marked as withdrawn for new sales, but all existing policies continue with the same rules for maturity, surrender, and partial withdrawals.

The LIC Money Plus Plan 180 calculator helps you estimate premiums, possible returns, and maturity benefits by changing parameters like age, term, sum assured, and fund choice, so you can plan your financial goals more clearly.