The LIC has launched a new Money Back Plan. The salient features of the plan are
Sum assured on death shall be higher of 125 % of basic sum Assured.
Liquidity :
a) 25 years : 15 % of Basis Sum Assured at 5, 10, 15, 20 years.
b) 20 years : 20 % of Basic Sum Assured at 5, 10, 15 years.
Maturity Benefit : 40 % of Basic Sum Assured + Bonuses.
Availibiity of Accidental Death and Disability Benefit Rider.
Loan Availibility
For 25 years of policy : Age from 13 - 45 years.
For 20 years of policy : Age from 13 - 50 years.
Sum assured on death shall be higher of 125 % of basic sum Assured.
Liquidity :
a) 25 years : 15 % of Basis Sum Assured at 5, 10, 15, 20 years.
b) 20 years : 20 % of Basic Sum Assured at 5, 10, 15 years.
Maturity Benefit : 40 % of Basic Sum Assured + Bonuses.
Availibiity of Accidental Death and Disability Benefit Rider.
Loan Availibility
For 25 years of policy : Age from 13 - 45 years.
For 20 years of policy : Age from 13 - 50 years.
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