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