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LIC New Money Back Plan 25 Years (Table No. 821)



LIC's New Money Back Policy (Table No- 821) is a Non-Linked gauranteed returns endowment plan.LIC New Money Back Policy for 25 years lets you enjoy 15% of sum assured after every fifth, tenth, fifteenth and twentieth year of the policy. And, on the twenty fifth year, it provides you the accrued bonus along with 40% of policy's balance.You can select the type of money back policy as per your financial requirements.

Features of LIC New Money Back Policy:

This is a simple money back plan with both Death and Survival Benefits.

Money back will be paid once in every 5 years.

Available under Section 80 C for premiums paid.

And Section 10 (10D) for Maturity returns.


Eligibility Criteria For Money Back Plan
Minimum Age at Entry 13 Years (Completed)
Maximum Age at Entry 45 Years(Nearest Birthday)
Maximum Maturity Age 70 Years(Nearest Birthday)
Policy Term 25 Years
Premium Paying Term 20 Years
Minimum Sum Assured 1,00,000/-
Maximum Sum Assured No Limit (sum assured in multiple of 5000/-)
Policy Mode Yearly, Half-Yearly, Quaterly, Monthly (NACH only
Rebate Of Mode Of Premium Yearly - 2%
Half-Yearly - 1%
Quaterly & Monthly - Nil
High Sum Assured Rebate 1,00,000 to 1,95,000 - Nil
2,00,000 to 4,95,000 - 2% on B.S.A.
5,00,000 and Above - 3% on B.S.A.
Loan After payment of premiums for at least 3 full years
Revival Within 2 Years of lapse

Death Benefit:

On death of the life insured, Sum Assured on Death ( 125% of SA or 10 times Annual Premium whichever is higher) with the accured Bonus will be paid to the nominee without deducting any of the earlier money back paid.

Maturity Return:

40 % of Sum Assured with Bonus and Loyalty Additions (if any) will be paid.

Money Back Amount

The return on every 5th year is: 15% of Sum assured in 5th , 10th ,15th & 20th yr for a policy term of 25 years

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