20 year money back policy lic
LIC's New Money Back Plan years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term. Date of Launch: LIC's New Money Back Plan years is a participating non-linked plan which offers an attractive combination of protection against death . Benefits. According to an occupational survey by the U.S. Bureau of Labor Statistics conducted in May , the median annual wage for judges, magistrate judges and magistrates in the United States is $, In the case of a year Money-Back Policy (Table 75), 20% of the sum assured becomes payable each after 5, 10, 15 years, and the balance of 40% plus the. Jan 01, · In the case of a year Money-Back Policy (Table 75), 20% of the sum assured becomes payable each after 5, 10, 15 years, and the balance of 40% plus the accrued bonus become payable at the 20th year. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. LIC's New Money Back Plan years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. The Money Back Policy - 20 Years (Plan No. 75, UIN: NV01) Sales Brochure(39 KB) Date of Withdrawal: Unlike ordinary endowment insurance plans where the . The 20%. It provides 20% of the total sum assured after the initial four years have passed. Further, a 20% return is again offered after eight consecutive years. This compensation may impact how and where products appear on this site (including, for example, the order i. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here.