LIC Money Back Policies are designed to offer both insurance protection and periodic payouts during the policy term—making them ideal for those who want liquidity along with life cover. Advisor and Agent Contact: 9739091119
📋 Popular LIC Money Back Plans
| Plan Name | Plan No. | Policy Term | Key Features |
|---|---|---|---|
| LIC’s New Money Back Plan – 20 Years | 720 | 20 years | 20% payout at 5th, 10th, 15th year; 40% + bonus at maturity |
| LIC’s New Money Back Plan – 25 Years | 721 | 25 years | Similar structure with longer term |
| LIC’s New Children’s Money Back Plan | 732 | Flexible | Designed for child’s education and marriage |
| LIC’s Jeevan Tarun | 734 | Up to 25 years | Tailored for children with flexible survival payouts |
| LIC’s Bima Shree | 748 | 14–20 years | High net-worth plan with guaranteed additions |
| LIC’s Bima Ratna | 764 | 15–25 years | Guaranteed payouts and loyalty additions |
💸 What Is a Money Back Policy?
A Money Back Policy from LIC offers:
- Survival Benefits: Periodic payouts during the policy term.
- Maturity Benefit: Final lump sum at the end of the term.
- Death Benefit: Full sum assured paid to nominee, regardless of prior payouts.
- Bonus Additions: Participating plans earn annual bonuses from LIC.
These plans are perfect for individuals who want liquidity during the policy term while still enjoying insurance coverage.