No Spam
No
mis-selling
No pushy
sales
Lic New Money Back
VS
Sbi Smart Champ
| PLAN DETAILS |
Lic New Money Back |
Sbi Smart Champ |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum Maturity Age - 70 years | Maximum Maturity Age - 70 years |
| Premium payment term | 15 years | 18 minus child& 039;s entry age |
| Plan Entry Age | Minimum Age - 13 years Maximum Age - 50 years | Minimum Age - 0 years Maximum Age - 13 years |
| Sum assured | Rs 1 lakh to No limit | Rs. 1 Lakh to Rs 1 Crore |
| 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 | 21 minus child |
| Claim Settlement Ratio (2024-25) | 98.5% | Minimum Age- 0 years |
|
LIC Money Back Plan 920 Details |
||
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:
Consult for Personalized Insurance Advice
Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.
ChatGPT
Claude
Perplexity
