- 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.