WebFeb 24, 2024 · Money Back Plan is a special type of life insurance policy that falls under Endowment Plans. In Insurance language it is called Anticipated Endowment Plans and … WebJan 1, 2014 · In the case of a 20-year Money-Back Policy (Table 75), 20% of the sum assured becomes payable each after 5, 10, 15 years, and the balance of 40% plus the accrued bonus become payable at the 20th year. For a Money-Back Policy of 25 years (Table 93), …

LIC

WebThe key differences between the New Money Back Plan – 20 years (Plan no. 920) and the older Money Back Plan – 20 years (Plan no. 75) are highlighted below: Premium paying terms under the older plan were 20, so to say, the policy holder had to keep paying premiums for the entire coverage of the policy. Web34 rows · Bonus Rates for LIC Money Back Plan - Table No. 75. The table below shows the … free svg christmas tree outline

LIC Money Back Policy 20 Years – Policy Features & Benefits

WebThe following are the benefits of LIC Money Back Plan 20 years: Death benefit: If the policyholder dies during the policy term, the nominee will get 10 times of annualized premium or 125% of the Basic Sum Assured, … WebThe Money Back Policy of 20 years can be bought by a person with the age of 15 years to 50 years. The maturity benefits, as well as the death benefits, are allowed by LIC for the Money Back Policy. It helps many policyholders to protect and save the investment. WebThis is a simple money back plan with both Death and Survival Benefits. Simple Reversionary Bonus is payable on Policy Maturity or on earlier death. Survival Benefit 20% … free svg circular saw half blade