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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