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PLAN FEATURES
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Minimum Age
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Maximum Age
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Plan Term
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Premium Term
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Minimum Sum Assured
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1,00,000 - Basic Sum Assured shall be in Multiples of Rs. 10000.
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Maximum Sum Assured
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Rider Available
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Policy Surrender
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Loan On Policy
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Tax Benefit
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Why Children's money back ?
LIC’s New Money Back Plan-25 years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.
Why Should buy New Children's money back ?
Child Education Plan
Plan your child’s higher education with this plan with regular payouts every year from his/her 18th year.
Guaranteed Sum Assured.
Assured return from the age of 18 to 25 years, every 2 years
Perfect plan for savings and protection.
Provide security to your invested money with trust of LIC by millions of Indians. Premium Waiver Benefit to secure your child’s future in your absence.
India’s Only Insurance Company with Sovereign guarantee by Govt of India.
All LIC policies come with a Sovereign Guarantee from Govt of India. Your money is safe and guaranteed by Government. This makes LIC a most proffered Insurance company than Private Life Insurance company when it comes to buying new Life Insurance Policy.
Most Trusted Brand of India
14,000+ Crores New premium paid every year by Indians.
LIC has King share of Life Insurance Business around more than 65% in India. People prefer LIC over Private Life Insurance plans how ever attractive promises they make due to trust and uncertainty of Private Companies Promises.