LIC Money Back Policy
LIC New Money Back Plan - 20 Years - Table no 820 is a Non Linked Life Insurance Policy which Offers Guaranteed Returns and Bonus.
LIC Money Back Policy 20 Years : Plan needs to be paid for 15 years. The total policy term will be 20 year.
Return : 20% of the Sum Assured at the end of every 5 year.
Maturity Time Returns : 40% of the Sum Assured along with Vested Simple Reversionary Bonus + Final Addition Bonus.
- New Money Back Plan 20 years is a Endowment Plan.
LIC New Money Back Plan - 25 Years - Table no 821 : Plan needs to be paid for 20 years. The total policy term will be 25 year.
- 15% of Sum Assured is paid at the end of 5th, 10th 15th and 20th Year.
LIC Money Back Policy 25 year is a Non Linked Life Insurance Policy which Offers Guaranteed Returns and Bonus.
Maturity Time Returns : 40% of the Sum Assured along with Vested Simple Reversionary Bonus + Final Addition Bonus.
- Age Eligibility : 13-45 Year And 13-50 year.
- Minimum Sum Assured INR. : 1 lakh - No upper limit.
- Mode of Payment : Yearly, Half- Yearly, Qly, Monthly.
- Loan Facility available after payment of full 3 years premium. Maximum Loan 90% of the Surrender value in case of in force policies and 80% in case of Paid up Policies.
- Surrender Value Can be Surrendered At Any Time During the Policy Term Provided premiums have been paid for full three Years.
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