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ProJupiter Infotech LLP
Insurance Plan

LIC New Money Back Plan (20 Years)

<p>Participating money back plan offering periodic survival benefits every five years.</p>

Plan Details & Overview

Explore the deep metrics, rules, and core coverages bundled into this plan.

Highlights

Plan Highlights

Guaranteed Survival Benefits, Bonus, Life Cover

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Eligibility

Eligibility Criteria

Age 13-50 years.

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Benefits

Core Benefits

Periodic payouts with life insurance protection.

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Riders

Rider Add-ons

Accidental Death Benefit Rider, New Term Assurance Rider
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Payment

Premium Payment Options

Regular Premium
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Maturity

Maturity Benefits

40% of Sum Assured plus bonuses at maturity.

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Death Benefits

Death Benefits

Full Sum Assured with bonus payable on death.

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Tax

Tax Protection & Benefits

Eligible for tax benefits under prevailing Income Tax laws.

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Plan Parameters & Info

Technical overview metrics and application boundaries criteria parameters.

Specification Criterion Detailed Plan Metric Value
Plan Code LIC-MB20
Plan Number 920
Minimum Entry Age 13
Maximum Entry Age 50
Minimum Sum Assured 100000.00
Maximum Sum Assured 10000000.00
Policy Term 20 Years
Premium Paying Term 15 Years
Claim Settlement Ratio 98.5

Walkthrough Video

Watch our quick analytical breakdown of this plan's return value models.

ProJupiter Infotech LLP

Thane, Maharashtra, India

9702587555
projupiterit@gmail.com