LIC International, a trusted name in life insurance across the Gulf and beyond, has launched a new investment-linked insurance product in Bahrain designed to give policyholders both global reach and long-term protection.
Invest Plus (Plan No 282) is a single-premium unit-linked insurance product that allows investors to make an initial one-off payment and then continue to build their wealth through additional top-ups. These top-up premiums can be made at any time during the policy term, starting from a minimum of $1,500 and in multiples of $100. There is no maximum cap, although standard charges apply.
Invest Plus is structured as a whole-life policy, providing cover for the policyholder’s lifetime. Unlike many long-term schemes, however, it offers a high degree of flexibility. The fund value may be withdrawn in full after just one year, while partial withdrawals are permitted at any point during the policy term, giving investors liquidity when they need it.
The product also offers a wide range of global investment opportunities. Policyholders may select from 110 funds across major asset classes, including equity, multi-asset and fixed income options, as well as Sharia-compliant funds. These funds are managed by 18 of the world’s leading asset management companies.
Switching between funds is unlimited and comes at no additional cost, enabling investors to adjust their portfolios freely in response to changing markets.
In the event of the life assured’s death, the beneficiary will receive 101 per cent of the fund value, ensuring an additional layer of financial protection for families.
With Invest Plus, the company says it is aiming to provide Bahrain-based investors with an international standard of investment choice combined with the security of whole-life cover. The product is positioned as a bridge between wealth creation and financial protection, catering to both expatriates and locals in the kingdom.
‘Unlock the global potential’ is the guiding message behind the launch, which LIC International expects will resonate strongly with investors seeking both growth and flexibility.
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