25 year Life Insurance Money Back plan

LIC’s Money Back Insurance plans are one of the popular plan in the market. Money Back plans are considered to be the best for short term plan because it pays back every 5 years.The main benefit is Life cover. Under this plan, in the event of death at any time within the policy term, the death claim comprises full sum assured without deducting any of the survival benefit amounts, which have already been paid. Similarly, the bonus is also calculated on the full sum assured.

LIC Money, Money back plan, Survival benefit
Money Back plan 25 years gives back 15% of the sum assured after 5, 10, 15 and 20 years, and the balance 40% plus the accrued bonus become payable at the 25th year.

 

For more info call us at 9480240513 or write us to wecare@licbangalore.com

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