LIC NEW MONEY BACK
Secure Tomorrow’s Smile Today
LIFE INSURANCE
Your Lifelong Shield of Financial Security
LIC NEW MONEY BACK
Life is full of milestones, and LIC New Money Back Plan is designed to be there for you every step of the way. This unique plan combines the security of life insurance with the potential for periodic payouts, making it a well-rounded financial tool for individuals seeking both protection and growth.
Here's what LIC New Money Back Plan offers:
- Financial Safety Net: In case of your unfortunate demise during the policy term, your family receives a guaranteed death benefit, providing them with crucial financial support during a difficult time.
- Planned Payouts: The plan distinguishes itself with regular payouts at pre-defined intervals throughout the policy term. These payouts can be used for various life goals, such as children’s education, milestone celebrations, or planned investments. This feature provides financial stability and predictability.
- Maturity Benefit: Upon surviving the policy term, you receive a lump sum amount that includes the remaining Sum Assured along with accrued bonuses. This benefit serves as a nest egg or can be used to fulfill long-term financial goals.
- Flexibility in Policy Term and Payout Options: Choose a policy term that aligns with your financial goals, typically ranging from 20 or 25 years. You also have the option to select the frequency of payouts that best suits your needs.
- Savings Potential: LIC New Money Back Plan participates in LIC’s bonus declaration process, which means you may be eligible for additional bonuses along with the guaranteed benefits. This enhances the plan’s overall return potential.
- Tax Benefits: Premiums paid towards LIC New Money Back Plan qualify for tax deductions under Section 80C of the Income Tax Act (subject to prevailing tax laws).
Policy Details at a Glance:
- Sum Assured: Rs 1,00,000 to No limit
- Policy Term: 20 & 25 years
- Premium Paying Term: 15 & 20 Years
- Entry Age: 13 Years
- Maximum Maturity Age: 70 Years
I can provide you with detailed information on LIC New Money Back Plan, answer any questions you might have, and guide you through the application process. Let’s work together to ensure your families are protected and financially secure.
Feel free to contact me at +91-9646733997 to discuss any LIC plan that might suit your needs.
