LIC New Money Back Plan (Table 820) Calculator
Calculate your premiums, survival benefits and maturity benefits for this 20-year money back policy
Your Plan Details
Plan Description
The LIC New Money Back Plan (Table 820) is a participating non-linked money back policy that provides financial protection against death throughout the policy term with periodic payments on survival at specified durations during the term. This plan is a combination of protection and savings where you receive a percentage of sum assured as survival benefits at regular intervals.
Survival Benefits
You will receive the following survival benefits at specified durations:
Maturity Benefit
On survival to the end of the policy term, you will receive ₹0 as maturity benefit plus any accrued bonuses.
Death Benefit
In case of unfortunate death during the policy term, your nominee will receive the Sum Assured plus any accrued bonuses, minus any survival benefits already paid.