Tag Archives: Money back

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LIC’s New Bima Bachat Plan Table No. 816

LIC’s new Bima Bachat 816 is a Single premium, non-linked Endowment Assurance Plan with Profit. Other benefits are also available under this plan like tax benefits, loan facility, and Surrender value at any time etc. Sum Assured: Minimum limit for the sum assured are Rs. 35,000/- (9 Year Term), Rs. 50,000/-(12 Year Term), Rs. 75,000/- (15 Year Term) and there is no maximum limit. Policy Term: 9, 12 and 15 Years. Premium Paying Term: Single Premium Policy. Entry Age: The minimum entry age of the policy holder should be 15 years and the maximum age limit is 66 Years (in 9 years Term), Continue Reading »

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LIC’s Money Back 25 Plan Table No. 821

LIC’s Money Back 25 Table No. 821 is a plan with a Limited premium paying terms of 20 Year, money back, non-linked Endowment and Assurance Plan with Profit. Money back of 15% of Basic Sum Assured will take place after completion of 5, 10, 15 and 20th (4 times, 15 %) year of the policy. Remaining 40 % amount of basic sum assured and additional bonuses will be paid to the policy holder at maturity of the policy. Sum Assured: Minimum limit for the sum assured is Rs. 1,00,000/- and there is no maximum limit. Policy Term: 25 Year Premium Paying Continue Reading »

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LIC’s Money Back 20 Plan Table No. 820

LIC’s Money Back 20 Table No. 820 is a plan with a Limited premium paying terms of 15 Year, money back, non-linked Endowment and Assurance Plan with Profit. Money back of 20% of Basic Sum Assured will take place after completion of 5, 10 and 15th (3 times, 20 %) year of the policy. Remaining 40 % amount of basic sum assured and additional bonuses will be paid to the policy holder at maturity of the policy. Sum Assured: Minimum limit for the sum assured is Rs. 1,00,000/- and there is no maximum limit. Policy Term: 20 Year Premium Paying Term: Continue Reading »

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LIC’s Jeevan Tarun Plan Table No. 834

LIC’s Jeevan Tarun Money back Table No. 834 is a plan with a Limited premium paying terms up to the Child’s age of 20, non-linked Endowment, Assurance Plan with Profit. 0 %, 5%, 10% 0r 15 % as selected of Basic Sum Assured will take place at the age of 20 to 24th Year of Child. Sum Assured: Minimum limit for the sum assured is Rs. 75,000/- and there is no maximum limit. Policy Term: up to Age 25 Year Premium Paying Term: up to Age 25 Year. Entry Age: 90 days to 12 Year. Maturity Age: 25 Years. Premium Payment Mode: Premium Continue Reading »