LIC's New Money Back Plan 25 Years
A non linked with profits limited premium payment plan.
Maturity Benefit: 40% of the Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any.
Death Benefit: Sum Assured on death along with Vested Simple Reversionary Bonuses and final Additional Bonus, if any. The death benefit as defined above shall not be less than 105% of total premiums paid as on the date of death.
Survival Benefits: In case of Life Assured surviving to the end of the specified durations 15% of the Basic Sum Assured at the end of each of 5th, 10th, 15th & 20th policy year.
Optional Benefit: Accidental Death & Disability Benefit Rider.
Loan facility is available under this plan after the policy acquires paid-up value.
| Eligibility Criteria | ||
|---|---|---|
| Min. | Max. | |
| Age | 13 | 45 |
| Term | 25 | – |
| Sum | 100000 | No Limit (The Basic SumAssured shall be in multiple of Rs. 5000/-) |
| Premium Modes | Yearly, Half Yearly, Quarterly, Monthly (SSS or ECS) | |
| Yearly Premium for 1000000 Sum Assured | |
|---|---|
| Age | Term 25/20 |
| 25 | 56290 |
| 30 | 57221 |
| 35 | 58936 |
| 40 | 61631 |
821
Plan No.
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