LIC New Money Back Plan (25 Years)
LIC New Money Back Plan (25 Years) is a participating, non-linked life insurance plan that provides periodic survival benefits, financial protection and guaranteed maturity benefits with bonus.
5.0 / 5.0
Customer Rating
Money Back
Periodic survival benefits every five years.
Life Cover
Continuous life insurance protection throughout the policy term.
Bonus
Participate in LIC bonuses declared from time to time.
Tax Benefits
Tax benefits under applicable Income Tax laws.
Key Features
- Participating Non-Linked Insurance Plan.
- 25-Year Policy Term.
- Survival Benefits every 5 years.
- Bonus Participation.
- Loan Facility Available.
- Optional Rider Benefits.
Eligibility
| Entry Age | 13 to 45 Years |
|---|---|
| Policy Term | 25 Years |
| Premium Paying Term | 20 Years |
| Minimum Basic Sum Assured | ₹1,00,000 |
Benefits
Survival Benefit
15% of the Basic Sum Assured is payable at the end of the 5th, 10th, 15th and 20th policy years.
Maturity Benefit
Remaining 40% of the Basic Sum Assured together with vested Simple Reversionary Bonus and Final Additional Bonus (if any) is payable on maturity.
Calculate Your Premium & Maturity
Use our online calculators to estimate premium, survival benefits and maturity value.
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