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Pnb Metlife Bachat Yojana vs Lic New Money Back

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Pnb Metlife Bachat Yojana vs Lic New Money Back

Pnb Metlife Bachat Yojana

To Save More, Invest Smartly with the PNB Met Life Bachat Yojana. PNB MetLife Bachat Yojana plan is a long-term saving plan with the benefit of assured life cover. Under this plan, you can pay premiums for 10 years while enjoying life insurance coverage for 15 years. If you pass away during the poli...

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...

PLAN DETAILS

Pnb Metlife Bachat Yojana


Lic New Money Back

Premium Including GST
Key Features
(Key features of the plan)
  • Long-term Saving Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Long-term Saving Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums
  • Death Benefits
  • Survival Benefits
  • Maturity Benefits
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - 70 years
Premium payment term 10 years, Limited Pay 15 years
Plan Entry Age Minimum Age - 20 years Maximum Age - 60 years Minimum Age - 13 years Maximum Age - 50 years
Sum assured Rs. 64,800 to Rs 5,00,000 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 15 years 20 years
Claim Settlement Ratio (2024-25) Minimum Age - 3 year 98.5%
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LIC Money Back Plan 920 Details

LIC Money Back Plan 920 Details

Know More About Plans

To Save More, Invest Smartly with the PNB Met Life Bachat Yojana.

PNB MetLife Bachat Yojana plan is a long-term saving plan with the benefit of assured life cover. Under this plan, you can pay premiums for 10 years while enjoying life insurance coverage for 15 years. If you pass away during the policy term, your family shall receive a sum assured along with a bonus (if any). 

On the other hand, you'll receive a sum assured, along with a bonus as a maturity benefit if you outlive the policy term. However, the policy will start earning cash bonuses after three years, which will be added at the end of the policy year. With PNB SBachat Yojana, you'll get the dual benefits of insurance and disciplined savings at highly affordable premiums.

PNB MetLife Bachat Yojana Plan offers you a range of benefits including:

why-choose
  • Death Benefit
  • Cash Bonuses
  • Maturity Benefits
  • Surrender Value
  • Policy Revival
  • Availability of Riders

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