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LIC’s NEW MONEY BACK PLAN 20 Years ( Plan No. 820 ) UIN : 512N280V01

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?

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LIC’s NEW MONEY BACK PLAN 20 Years ( Plan No. 820 ) UIN : 512N280V01

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  1. LIC’s NEW MONEY BACK PLAN 20 Years ( Plan No. 820 ) UIN : 512N280V01

  2. LIC’s New Money Back Plan -20 years ~ Benefits No change Modification- ‘Sum Assured on Death' instead of SA

  3. 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]

  4. LIC’s New Money Back Plan -20 years ~ Benefits NO Change in SB Paid-up Value modified

  5. LIC’s New Money Back Plan -20 years ~ Eligibility Conditions and Restrictions Premium Paying term modified Minimum Sum Assured modified

  6. LIC’s New Money Back Plan -20 years ~ Rebates Rate modified Slab & Rate modified

  7. LIC’s New Money Back Plan -20 years ~ Loan % of loan modified

  8. LIC’s New Money Back Plan -20 years ~ Surrender Value No Change GSV % modified BonusPayable modified

  9. LIC’s New Money Back Plan -20 years ~ Surrender Value No change in SSV

  10. LIC’s New Money Back Plan -20 years

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