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Last Declared Bonus
LIC 8% Scenario
LIC 4% Scenario
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LIC 8% Scenario
LIC 4% Scenario
Sum Assured
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Product Information
Founded in 1956, Life Insurance Corporation of India (LIC) is the largest life insurance company in the country with a total income of Rs. 492626.60 crore and total assets worth Rs. 2572028.34 Cr It’s fully owned by the Government of India & is also the county’s largest investor.
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Understand Life Insurance
Dhan Sanchay
Saral Jeevan Bima
Bachat Plus
New Endowment Plan
New Jeevan Anand
Aadhaar Stumb
Jeevan Labh
Aadhaar Shila
Jeevan Lakshya
Single Payment Endowment
Bima Jyoti
Jeevan Tarun
Jeevan Lakshya
New Children’s Money Back Plan
Jeevan Umang
New Jeevan Anand
Saral Pension
Jeevan Akshay- VII
Jeevan Shanti
Cancer Cover
Jeevan Arogya
Jeevan Amar
Jeevan Umang
Bima Shree
Jeevan Shiromani
New Money Back Plan 25 Years
New Money Back Plan
New Bima Bachat
Dhan Rekha
New Pension Plus
SIIP
Nivesh Plus
New Endowment Plus
Plan No. 820
LIC''s
New Money Back Plan
20 years is
a non-linked with profit limited premium payment
plan.
Maturity Benefit:
40% of the basic Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any.
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
-
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
73783
30
74518
35
75890
40
78291
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