LIC 25 Years Money Back Plan

LIC’s New 25 Years Money Back Policy Table No 93.

Features
Unlike ordinary endowment insurance plans where the survival benefits are payable only at the
end of the endowment period, this scheme provides for periodic payments of partial survival
benefits as follows during the term of the policy, of course so long as the policy holder is alive.

Plan Highlights

Premium Ceasing Age : 70 Premium Ceasing Term : 0

Benefits
Survival Benefits:
This scheme provides for periodic payments of partial survival benefits as follows, during the
term of the policy, so long as the policy holder is alive.
i) At end of 5 years , 10 years , 15 years & 20 years 15% of Sum Assured
ii) At end of 25 years 40% of Sum Assured and
On Maturity, the policyholder will receive the balance sum assured as given above plus the
vested bonus(if any).
Death Benefits:
Full sum assured plus bonus irrespective of survival benefits taken.
Suitable For:
This plan holds special interest to people who besides wishing to provide for their old age and
family feel the need for lump sum benefits at periodical intervals.
This plan meets with periodical needs although loans are not granted under this policy. A
terminal bonus is granted though.
The basic bonus under this plan is slightly lower than the rate applicable to endowment
assurances.

Back to LIC of India   Money Back Plans