New Money Back Plan 20 Years
LIC's New Money Back Plan 20 years is a non-linked with profit limited premium payment plan
Maturity Benefit :
LIC's New Money Back Plan 20 years is a non-linked with profit limited premium payment plan
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 20% of the Basic Sum Assured at the end of each of 5th, 10th & 15th policy year.
Optional Benefit :
-
Accidental Death & Disability Benefit Rider
Loan : Available after payment of 3 full years premiums.
| Eligibility Criteria | ||
|---|---|---|
| Min | Max. | |
| Age | 13 | 50 |
| Term | 20 | 20 |
| Sum | 1,00,000 | No Limit (The Basic Sum Assured 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 20/15 |
| 25 | 76063 |
| 30 | 76821 |
| 35 | 78235 |
| 40 | 80710 |