MONEYBACK PLAN
Money Back Plans are life insurance plans that provide both savings and financial protection for your family. Unlike traditional endowment plans, these plans return a part of the sum assured at specific intervals during the policy term. This means you can receive money at different stages to help meet expenses such as your child’s education, family needs, or other important goals. At the end of the policy term, you receive the remaining maturity benefit as per the plan’s terms. The plan also provides life insurance protection for your family throughout the policy term.
Enjoy money at important stages of life while keeping your family financially protected.
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NEW MONEYBACK
Savings with Regular Payouts LIC New Money Back Plan is a life insurance savings plan that provides money back at specific intervals during the policy term, along with financial protection for your family. You receive a percentage of the Basic Sum Assured at specified stages of the policy. At the end of the policy term, you receive the remaining maturity benefit along with applicable bonuses, if any. In case of the policyholder’s death during the policy term, the nominee receives the death benefit as per the policy conditions. This plan can help you manage important expenses such as your child’s education, family needs, and other financial commitments while building savings for the future. Key Benefits - Regular Money Back: Receive payouts at specified intervals during the policy term. - Life Insurance Protection: Provide financial security for your family. - Maturity Benefit: Receive the applicable maturity amount at the end of the policy term. - Bonus Benefits: Receive applicable bonuses, if declared by LIC. - Financial Planning: Use periodic payouts to help meet important life expenses. Get Money When You Need It, Protect Your Family When It Matters.
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BIMA SHREE
Premium Savings with Money Back Benefits LIC Bima Shree is a life insurance savings plan designed especially for individuals looking for higher-value insurance coverage, planned payouts, and financial security for their family. The plan provides money-back payments at specified stages during the policy term. You also receive a maturity benefit at the end of the policy, along with guaranteed additions and applicable loyalty additions, if any. Premiums are payable for a limited period, which is four years shorter than the selected policy term. It can be considered by individuals who want to combine life insurance protection with planned savings and periodic payouts for future financial needs. Key Benefits - Periodic Money Back: Receive payouts at specified stages during the policy term. - Life Insurance Protection: Financial support for your family in case of the policyholder’s death, as per policy conditions. - Guaranteed Additions: Additions accrue according to the policy terms. - Maturity Benefit: Receive the applicable maturity amount along with accrued guaranteed additions and loyalty additions, if any. - Limited Premium Payment: Pay premiums for four years less than the selected policy term. - Loan Facility: A loan may be available against the policy, subject to LIC’s conditions. Higher Coverage, Planned Payouts, Stronger Financial Protection.