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.
|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|