LIC Money Back Policy - 20 years & 25 Years - Policy

Mar 25, 2020 · LIC Money Back Plan 821 is a fixed 25 years tenure plan which provides money back benefits at regular interval during the term of the plan. This plan provides dual benefits by creating savings and providing liquidity. The premium payments of the plan are limited. Sep 11, 2019 · Money-Back Plan is a life insurance policy designed to pay a percentage of sum assured at regular intervals instead of the lump-sum amount in case of maturity or death. It is an endowment plan with the benefit of liquidity. If you paid more than $800 in cash or more than $250 by check or by a debit card without a major credit card logo, we will refund you by check within 10 business days. Any amounts deducted from a gift card will be credited to the gift card.

Money Backs & Maturity Details; At the End of 5th Policy Year: 1st Money Back: 80000: At the End of 10th Policy Year: 2nd Money Back: 80000: At the End of 15th Policy Year: 3rd Money Back: 80000: On Completion of 20th Year: Maturity (Approx.) 488000: Total: 728000

Money Backs & Maturity Details; At the End of 5th Policy Year: 1st Money Back: 80000: At the End of 10th Policy Year: 2nd Money Back: 80000: At the End of 15th Policy Year: 3rd Money Back: 80000: On Completion of 20th Year: Maturity (Approx.) 488000: Total: 728000

Read More: Complete details of LIC’s New Money Back Plans – with examples and illustrations. LIC Money back Plans 820 and 821 Key features. Death benefit: If the policyholder dies during the policy term, the nominee will get 125% of the Basic Sum Assured, vested simple reversionary bonuses and final additional bonus.

If you paid more than $800 in cash or more than $250 by check or by a debit card without a major credit card logo, we will refund you by check within 10 business days. Any amounts deducted from a gift card will be credited to the gift card. This money back policy is available with a Short Medical Questionnaire (SMQ) based underwriting You can customize your coverage by opting HDFC Life Income Benefit on Accidental Disability Rider that offers monthly Income of 1% of rider Sum Assured in the event of Total Permanent Disability due to accident for a fixed period of 10 years. DaimlerChrysler Service Contracts new Money Back Guarantee Plan provides you with the best mechanical coverage in the industry for your vehicle. If it's mechanical, it's covered! And if you don't need to use the plan to cover any diagnostic or mechanical repairs during the coverage period (life of the contract), you will receive 100% refund of