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Lic New Money Back vs Lic New Jeevan Anand

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Lic New Money Back vs Lic New Jeevan Anand

Lic New Money Back

The LIC New Money Back Plan 20 Years (Plan No: 920)was floated on January 6, 2014 to cater to the financial needs of the business and the salaried class of Indians. This is a fixed-period non-linked participating plan which protects the policy holder against death besides disbursing a periodic payou...

Lic New Jeevan Anand

LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of...

PLAN DETAILS

Lic New Money Back


Lic New Jeevan Anand

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Death Benefits
  • Survival Benefits
  • Maturity Benefits
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
Plan Maturity age Maximum Maturity Age - 70 years Maximum Maturity Age - 75 years
Premium payment term 15 years -
Plan Entry Age Minimum Age - 13 years Maximum Age - 50 years Minimum Age - 18 years Maximum Age - 50 years
Sum assured Rs 1 lakh to No limit Rs 1 lakh to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 20 years Minimum term - 15 years Maximum term - 35 years
Claim Settlement Ratio (2024-25) 98.5% 98.5%
Recommended Videos
LIC Money Back Plan 920 Details

LIC Money Back Plan 920 Details

LIC Jeevan Anand Plan 915 Details

LIC Jeevan Anand Plan 915 Details

Know More About Plans

The LIC New Money Back Plan 20 Years (Plan No: 920)was floated on January 6, 2014 to cater to the financial needs of the business and the salaried class of Indians. This is a fixed-period non-linked participating plan which protects the policy holder against death besides disbursing a periodic payout upon survival at twenty percent of Sum Assured upon completion of five, ten and fifteen years.

A simple reversionary bonus also accrues upon policy maturity and the plan comes with an add-on accidental death and disability coverage.

LIC New Money Back Plan 20 Years offers you a range of benefits including:

why-choose
  • Death Benefits
  • Maturity Benefits
  • Participation in Profits
  • Policy Revival
  • Survival Benefits

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