Money Back Combo

  • This plan is specially designed for those who required money back at a regular interval & don’t want premium burden for a long time from their own income.
  • Risk cover 125% of sum assured.
  • Extended risk cover for life time of the insured.
  • 11 times money back in total term.
  • Approx. 33% premium will be reduced after 15 years.
  • Approx. 59% premium will be reduced after 20 years.
  • Loan and surrender facility available after 3 years.
  • Double tax benefits of section 80 C and 10 (10 D).
An Illustration: At the Basic Sum Assured (BSA) of 8 Lac
“MONEY BACK COMBO”
Age Per Year Saving(Approx.)₹ Return after term of Return amount
18 Years 47005 4.5 Years 30,000
20 Years 47221 5 Years 40,000
22 Years 47436 9.5 Years 30,000
25 Years 47846 10 Years 40,000
28 Years 48337 14.5 Years 30,000
30 Years 48776 15 Years 40,000
32 Tears 49279 19.5 Years 30,000
35 Years 50221 20 Years 244,000
38 Years 51430 23 Years 4,75,400
40 Years 52402 24 Years 5,05,200
42 Years 53518 24.5 Years 3,45,000
  Disclaimer: “Money-Back Combo” is a concept name only and it’s not a direct product of LIC, this is a combination of Plans and the Plans used for this combination are of LIC of INDIA.