LIC Money back Policy Rs 1,50,000 every 5 years and Rs 17,25,000 at Maturity. Click on the Subscribe Button to get latest update of Insurance Plans In free.
LIC's New Money Back Plan-25 years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.
Death benefit: On death during the policy term provided the policy is in full force, death benefit, defined as sum of “Sum Assured on Death” and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where, “Sum Assured on Death” is defined as higher of 125% of the Basic Sum Assured or 10 times of annualized premium. This death benefit shall not be less than 105% of the total premiums paid as on date of death.
The premiums mentioned above exclude tax, extra premium and rider premium, if any.
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.
Maturity Benefit: In case of Life assured surviving the stipulated date of maturity, 40% of the Basic Sum Assured along with vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable.
WATCH MY OTHER VIDEOS:
LIC kanyadan policy details hindi | LIC की कन्यादान पॉलिसी का क्या क्या फायदा हो सकता है | Examples
Sukanya Samriddhi Yojana in Hindi 2018 | सुकन्या समृद्धि योजना
Jeevan Anand LIC Policy Details with Example in Hindi | LIC Jeevan Anand 815 Plan Details
LIC Term Insurance | Amulya Jeevan 823 | Anmol Jeevan LIC | What is Term Insurance policy of LIC
LIC Money Back Policy | Money BacK Plan Table No. 821
Jeevan Umang LIC Plan in Hindi | LIC Whole Life Policy | LIC Policy Example | PART 2
Jeevan Umang LIC Plan in Hindi | LIC Whole Life Policy | LIC Policy Example | PART 1
Term Plan Kya Hota Hai | life insurance in hindi | insurance in hindi | term insurance plan
Amulya Jeevan Policy Details | Term Plan Kya Hota Hai | LIC Term Insurance Plan Hindi
LIC kanyadan policy details hindi | LIC की कन्यादान पॉलिसी का क्या क्या फायदा हो सकता है
LIC Jeevan Anand Policy details plan in hindi | LIC Whole Life Insurance
Term Plan Kya Hota Hai | amulya jeevan 823 | Amulya Jeevan Policy Details | LIC Term Insurance Plan