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LIC’s NEW MONEY BACK PLAN 25 Years ( Plan No. 821 ) UIN:51278VO1. LIC’s New Money Back Plan -25 years ~ Benefits. No change. Modification- ‘Sum Assured on Death' instead of SA. LIC’s New Money Back Plan -25 years ~ Benefits. What is Sum Assured on Death?
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LIC’s NEW MONEY BACK PLAN 25 Years ( Plan No. 821 ) UIN:51278VO1
LIC’s New Money Back Plan -25 years ~ Benefits No change Modification- ‘Sum Assured on Death' instead of SA
LIC’s New Money Back Plan -25 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 -25 years ~ Benefits NO Change in SB Paid-up Value modified
LIC’s New Money Back Plan -25 years ~ Eligibility Conditions and Restrictions Premium Paying term modified Minimum SA modified
LIC’s New Money Back Plan -25 years ~ Rebates Rate modified Slab & Rate modified
LIC’s New Money Back Plan -25 years ~ Loan % of loan modified
LIC’s New Money Back Plan -25 years ~ Surrender Value No Change GSV % modified BonusPayable modified
LIC’s New Money Back Plan -25 years ~ Surrender Value No change in SSV