LIC New Money Back Plan
Benefits
Maturity Benefits
40% of the basic sum assured along with vested simple reversionary bonuses and final additional bonus, if any.
Death Benefit – LIC New Money Back Plan
‘Sum Assured on Death’ along with vested simple reversionay 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 date of death OR sum assured on Death shall be Higher of 125% of Basic Sum assured (1.25 xBSA) OR 10 times Anualised Premium (10xAP) whichever is higher
(*Premiums – excluding taxes, extra premium and premium of riders, if any)
Accident Benefit – LIC New Money Back Plan
Available through out policy term
Survival Benefit – LIC New Money Back Plan
5th Year – 15% of SA, 10th Year – 15% of SA, 15th Year – 15% of SA, 20th Year – 15%
Eligibility Conditions and Restrictions – LIC New Money Back Plan
Age at Entry – 13-45 years
Age at Maturity – Max 70 years
Policy Term – 25 years
Premium Paying Term – 20 years
Premium Mode – Yearly, Half Yearly, Quarterly, Monthly (ECS)
Basic Sum Assured – 1 lac and above(Multiple of 5000)
Loans – Available after payment of 3 full years premiums
Surrender Value – Available after payment of 3 full years premiums.
Revival – A policy may be revived within a period of 2 years from the date of first unpaid premium taxes, if any shall be applicable at the prevailing rates and borne by the policyholder as per rules.
Back Dating – Available
Assignment / Nomination – Available
LIC New Money Back Plan : LIC New Money Back Plan : LIC New Money Back Plan
Lic Premium Calculator
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Good life
When(date) I’ll get money back first time under LIC policy no. 448561410(Jeevan suravi)?
LIC Jeevan Surabhi Plan 20 years is a 20 years Money Back Plan. Survival Benefit is receive 25% of the Sum Assured at the end of 4, 8, 12 and 15 years and life cover continues till the policy matures.
my plan enquiry
please let us know your age and amount u would like to invest per month and for how many years u want to invest