LIC — Life Insurance Corporation of IndiaVinod & Ankita PrajapatiLIC Insurance Advisors

LIC New Money Back Plan – 25 Years

Regular money-back payouts with life cover over a 25-year term.

About this plan

25 YEARS () (A Par, Non-Linked, Life, Individual Savings Plan) LIC's New Money Back Plan-25 years is a Par, Non-Linked, Life Individual Savings 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. This Plan can be purchased Offline through Licensed agents, Corporate agents,…

Key features

  • :  The plan provides for protection and savings.  Payment of Survival

Plan chart — eligibility

Minimum Age at entry
13 years (completed)
Maximum Age at entry
45 years (nearer birthday)
Maximum Maturity Age
70 years (nearer birthday)
Policy Term
25 years
Premium Paying Term
20 years
Minimum Basic Sum Assured
Rs. 200,000
Maximum Basic Sum Assured
No Limit (The Basic Sum Assured shall be in multiples of Rs. 25000/-)

Figures are indicative and summarised from the official LIC brochure. Please refer to the PDF or contact us for exact, up-to-date terms.

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