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Whole Life Super Plan vs Lic New Money Back

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Whole Life Super Plan vs Lic New Money Back

Whole Life Super Plan

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in return for the limited premium paying term. Additionally, it provides an increasing life coverage feature. Under this, your life coverage will increase ...

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

Whole Life Super Plan


Lic New Money Back

Premium Including GST
Key Features
(Key features of the plan)
  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus
  • Death Benefits
  • Survival Benefits
  • Maturity Benefits
Plan Maturity age Maximum Maturity Age - 100 years Maximum Maturity Age - 70 years
Premium payment term 10,15,20 years 15 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 60 years Minimum Age - 13 years Maximum Age - 50 years
Sum assured 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 100 years 20 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%
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LIC Money Back Plan 920 Details

LIC Money Back Plan 920 Details

Know More About Plans

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in return for the limited premium paying term. Additionally, it provides an increasing life coverage feature. Under this, your life coverage will increase in parallel with your age. This plan offers options for premium payment terms between 10, 15, and 20 years with premium payment in annual, semi-annual, quarterly, and monthly modes.

Axis Max Life Whole Life Super Plan offers you a range of benefits including:

why-choose
  • Guaranteed whole-life protection

  • Flexible premium paying terms

  • Availability of paid-up facilities
  • Receive bonus from time to time

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