LIC Money Back Policy 25 years

LIC New Money Back Plan 25 Years (Table 821), Its like an endowment policy, also securing the Policy Holder in the form of Risk cover for entire policy period, LIC Money Back Policy 20 years paying term and 25th year policy matured (20/25), Money Back Insurance plan gives 20% of Basic Sum Assured as a survival benefit for every 5 years once (like 5th, 10th, 15th, 20th year) upto the policy period, On 20th year Finally 40% of Sum Assured + Bonus + final addition bonus if any are paid. In the happening of demise within the policy tenure, the claim will be settled full sum assured without reducing of the survival benefit amounts are already been paid to the policy holder, the bonuses are calculated on the full sum assured. Also Have an option can take care of liquidity needs by the loan facility. Before buy the policy Know the Eligibility, Sum Assured, policy details, policy new features, benefits, reviews, life insurance coverage, maturity Benefits, premium calculator, maturity calculator, premium chart, return calculator, tax Benefits under Section 80(C) and Section 10 (D). Generally New Money Back LIC Policies are inbuilt Accidental Death and Disability Benefit Rider. is one of the top & best LIC Agent in Chennai, provides good customer services to choose perfect Life Insurance Plans in India.

LIC New Money Back Plan Policies are the best tool to achieve Short-Term as well as Long-Term Financial Goals & for Retirement savings. LIC Policy gives highest return of bonus, final addition bonus in the Life Insurance Industry of India, this policy helpful to to double the money easily, plans are also helps for girl or boy baby child future Higher Education, Carrier, future Marriage.

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LIC New Money Back Policy 25 Years (Table 821)

Policy Main Specification

  • Age at Entry (Last Birthday): 13 Years
  • Maximum Age at Entry (Last Birthday): 45 Years
  • Maximum Maturity Age (Last Birthday) : 70 Year
  • Policy Term (PT): 25 years
  • Premium Paying Term (PPT): 20 years
  • Minimum Sum Assured: 1,00,000
  • Maximum Sum Assured: No bound (based on income Limit)
  • Variable options to pay Premium (Paying Mode): Yearly, Half-yearly, Quarterly, Monthly (by bank ECS)

Key Features of LIC’s New Money Back Policy 25 Years

  • LIC New Money Back Policy 25 Years like an Traditional Endowment Insurance Plan
  • Premiums has to be paid for 20 years only
  • Survival Benefits can have the Policy Holder at every fifth year of policy period 15% of Basic Sum Assured will be paid (5th, 10th, 15th and 20th year)
  • Remaining 40% Survival benefit of the Basic Sum Assured will be paid end of the policy period along with the bonus
  • Life Insured demise in the the policy period, nominee will be get the entire Sum Assured along with accrued Bonus as Death Benefit


Benefits of LIC’s New Money Back Policy 25 Years

  • Bonus: Policy holder can be eligible for LIC’s declared bonus and also Final Additional Bonus.
  • Maturity Benefit: The Basic Sum Assured and declared bonuses, final additional bonus will be paid to the policy holder
  • Death Benefit: Life Insured (policy holder) die within the period year, LIC will provide the full basic Sum Assured on Death and added Bonuses shall be payable to the nominee. (for accidental death 25% additional sum assured will be paid that means 125% SA)
    1. 10 times of annualized premium (or) 
    2. Subject to a minimum of 105% of the total premiums paid as on date of death, whichever is higher
  • Additional Rider Benefit is available: LIC’s Accidental Death and Disability Benefit Rider
  • Surrendered Value : The policy eligible to surrender at least three full year premiums are paid by the policy holder.
  • Loan : Three full policy year premiums has to paid to eligible for the Loan
  • Mode and High S.A. Rebates:
  • Mode Rebate:
    1. Yearly mode – 2% of Tabular Premium
    2. Half-yearly mode – 1% of Tabular premium
    3. Quarterly & Monthly mode – NIL
    4. High Sum Assured Rebate discount offered to the policy holder. For choosing yearly and half yearly premium modes.
  • Income Tax Benefit: Policy Premium paid under this plan is eligible for TAX under section 80c. and Maturity under this plan is tax free under sec 10 (10D)
  • Sample Premium Detail with Rates

    Sample premium rates declared below in table (excluding service tax) per Rs. 1000/- Basic Sum Assured (SA):

    Age(in years) Premium (Rs.)
    20 60.00
    30 61.45
    40 65.95
    45 70.15

    LIC New Money Back Policy 25 Years Details and KYC

    Free Look Period: Policy holder are not satisfied under the policy condition or like coverage etc., policy holder have the options to cancel the policy within the period of 15 days from date of receipt, provided any claim happen LIC will not be paid.

    Exclusions: Suicide committed within one year (12 months) of policy period from the date of commencement of risk, LIC will not pay any claim under this policy except for to the extent of 80% of the premiums paid excluding any taxes, extra premium and rider premiums, if any, provided the policy is in force.

    Documents Required: Proposal Form 300/340 shall be filled under this plan with exact medical history, and also other proof of documents are required to completed the policy, like address proof and other Know your customer (KYC) documents. Additionally Medical test may required based on the sum assured also the age of the person wants to take the policy could save your time, money, and worries by providing door step solutions for all your Insurance & Investment needs” Thanks for Visiting. Have a Nice Day… Call For insurance policy and mutual investment: 9940056991

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