Money Back Plans

LIC Associate, CODE-L04600008

Regular Returns with Life Protection

Money Back plans provide periodic payouts during the policy term along with life insurance protection. Instead of waiting until maturity, you receive a percentage of the sum assured at regular intervals, helping you manage planned expenses while staying financially protected.

LIC New Money Back Plan (20 Years)

Regular Income + Protection

  • Entry Age: 13 to 50 years
  • Maturity Age: Up to 70 years
  • Policy Term: 20 years
  • Premium Payment: Regular
  • Sum Assured: Minimum ₹1 lakh

What Happens

  • If death occurs: Full sum assured paid (even if survival benefits already received)
  • If survival: Periodic payouts + final maturity amount

Key Features

  • Survival benefits at regular intervals
  • Bonus added on maturity
  • Life cover throughout policy term

Payout Structure

  • 20% at 5th year
  • 20% at 10th year
  • 20% at 15th year
  • Remaining 40% + bonus at maturity

LIC New Money Back Plan (25 Years)

Long-Term Savings with Returns

  • Entry Age: 13 to 45 years
  • Maturity Age: Up to 70 years
  • Policy Term: 25 years
  • Premium Payment: Regular
  • Sum Assured: Minimum ₹1 lakh

What Happens

  • If death occurs: Full sum assured paid
  • If survival: Periodic payouts + maturity benefit

Key Features

  • Regular payouts during policy term
  • Bonus increases maturity value
  • Long-term financial planning

Payout Structure

  • 15% at 5th year
  • 15% at 10th year
  • 15% at 15th year
  • 15% at 20th year
  • Remaining 40% + bonus at maturity

LIC Bima Shree

High Value Money Back Plan

  • Entry Age: 8 to 55 years
  • Maturity Age: Up to 75 years
  • Policy Term: 14, 16, 18, or 20 years
  • Premium Payment: Limited period
  • Sum Assured: Minimum ₹10 lakh

Key Benefits of Money Back Plans

  • Regular payouts during policy term
  • Life insurance protection continues
  • Bonus added to maturity amount
  • Ideal for planned financial needs
  • Low-risk and stable returns

Who Should Buy This Plan

  • Individuals needing periodic income
  • Parents planning children’s expenses
  • People with mid-term financial goals
  • Risk-averse investors

Key Features

  • High sum assured plan
  • Loyalty additions for higher returns
  • Limited premium payment option

Payout Structure

  • Periodic survival benefits during term
  • Final payout with bonus at maturity

What Happens

  • If death occurs: Full sum assured paid
  • If survival: Survival benefits + maturity payout