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Baliram Kumar Chief Life Insurance Advisor & CM Club Member, LIC Agent. Shiv Mandir , Rajendra Path New Godown , Gaya-823002 Mob - 9934690332 / 8002877978 Email – baliram@licagentgaya.com Website – www.licagentgaya.com. LIC’s NEW MONEY BACK PLAN 20 Years ( Plan No. 820 )
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Baliram Kumar Chief Life Insurance Advisor & CM Club Member, LIC Agent. Shiv Mandir, Rajendra Path New Godown, Gaya-823002 Mob - 9934690332 / 8002877978 Email –baliram@licagentgaya.com Website – www.licagentgaya.com LIC’s NEW MONEY BACK PLAN 20 Years ( Plan No. 820 ) UIN : 512N280V01
LIC’s New Money Back Plan -20 years ~ Benefits No change Modification- ‘Sum Assured on Death' instead of SA
LIC’s New Money Back Plan -20 years ~ Benefits What is Sum Assured on Death? Sum Assured on Death shall be Higher of ~ 125% of Basic Sum Assured (1.25 x BSA) OR 10 times Annualised Premium.(10 x AP). [Premiums - excluding taxes, extra premiums and premiums for riders, if any]
LIC’s New Money Back Plan -20 years ~ Benefits NO Change in SB Paid-up Value modified
LIC’s New Money Back Plan -20 years ~ Eligibility Conditions and Restrictions Premium Paying term modified Minimum Sum Assured modified
LIC’s New Money Back Plan -20 years ~ Rebates Rate modified Slab & Rate modified
LIC’s New Money Back Plan -20 years ~ Loan % of loan modified
LIC’s New Money Back Plan -20 years ~ Surrender Value No Change GSV % modified BonusPayable modified
LIC’s New Money Back Plan -20 years ~ Surrender Value No change in SSV