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New Money Back Plan 20 Years
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New Money Back Plan 20 Years

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LIC’s New Money Back Plan 20 years is anon-linked with profit limited premium payment plan.
•Maturity Benefit:
o 40%of the basic Sum Assured along with vested Simple Reversionary Bonuses andFinal Additional Bonus. if any.
•Death Benefit:
o Sum Assured ondeath along with vested Simple Reversionary Bonuses and Final Additional Bonus.if any.
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Hitarth Wealth Management Solutions

Kalyan West, Thane, Maharashtra
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Product Description

 LIC’s New Money Back Plan 20 years is anon-linked with profit limited premium payment plan.

•Maturity Benefit:

o 40%of the basic Sum Assured along with vested Simple Reversionary Bonuses andFinal Additional Bonus. if any.

•Death Benefit:

o Sum Assured ondeath along with vested Simple Reversionary Bonuses and Final Additional Bonus.if any.

o The deathbenefit as defined above shall not be less than 105% of total premiums paid ason the date of death.

•Survival Benefits:

o In case ofLife Assured surviving to the end of the specified durations 20% of the BasicSum Assured at the end of each of 5th. 10th & 15th policy year.

•Optional Benefit:

o AccidentalDeath & Disability Benefit Rider.

•Loan Available after payment of 3 full years premiums. 


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New Money Back Plan 20 Years

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About the Company

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IndiaMART Member SinceJan 2014
Today, there is no shortage of investment options for a person to choose from. Modern day investments include Mutual Funds, Bonds, Gold, Property, Fixed Income Instruments, and of course, Life Insurance. These are some of the unique investment that aid you to meet your dual needs that is saving for life's important goals, and protecting your assets.
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