LIC Money Back Plans
Liquidity with Protection. Get periodic payouts during the policy term to meet various financial needs.
What is a Money Back Plan?
Money back plans are a type of endowment plan that provide periodic payments (survival benefits) to the insured at regular intervals during the policy term. In addition, the full sum assured is paid to the nominee in case of death, irrespective of survival benefits already paid. A balance amount is also paid at maturity.
Key Features of LIC Money Back Plans
- Regular Payouts: Survival benefits at fixed intervals during policy term.
- Lump Sum at Maturity: Remaining sum assured plus bonuses.
- Full Death Benefit: Sum assured paid to nominee on death, regardless of payouts.
- Bonus Additions: Enhances overall returns.
- Ideal for Meeting Recurring Expenses or Milestones.
Who Should Opt for Money Back Plans?
- Individuals who need liquidity at specific stages of life (e.g., child’s school fees, yearly vacations).
- Those looking for a combination of insurance, savings, and periodic returns.
- People who want a guaranteed return at regular intervals.
Plan Your Finances with LIC Money Back Plans!
Discover how Bimadhan simplifies your journey to financial security by offering expert guidance, personalized solutions, and dedicated support for all your insurance, loan, and investment needs.
Quick Link
- Home
- About Us
- Services
- Blogs
- Privacy Policy
- Terms of Service
- Frequently Asked Questions
Contact
Phone
+919871050135 +919910887735 +919582315794 +919804040460
Address
2252-C, Raja Park Delhi-110034, India